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The Association is of the opinion that this measure will help to civilize the domestic market of wood raw materials, provide domestic plywood mills with them, and contribute to the fight against illegal furniture makers. In February 2021,...

Segezha Group has started its investment project for the construction of drying kilns at the site of Lesosibirsky LDK No. 1. The project will allow to increase the annual output of finished products. The plant currently produces over 600,000...

Profit on sales of one of the largest timber harvesting enterprises in Karelia decreased by 83.2% YoY to 10.775 million rubles in 2020. The company’s net profit for the reporting period fell by 92.5% YoY and totaled 3...

Segezha Group (part of PJSFC Sistema) announces its intention to conduct an initial public offering of ordinary shares and to list on Moscow Exchange. The Offering will consist of a primary offering of newly issued shares to raise...

Hasslacher Group invests in TC continuous kilns from Valutec. The deal means the well-known timber industry group becomes the first in Austria to own the groundbreaking lumber kiln. The TC continuous kilns for delivery to Hasslacher Group have...

Södra recently announced the acquisition of Ture Johanssons Trävaru and Tenhults Impregneringsverk. The sawmill in Klevshult and the pressure impregnation plant in Vaggeryd, each with an annual capacity of 100,000 m³, are intended to expand Södra’s offer for the...

Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...

Last year Sveza Group increased its sales of plywood intended for the production of insulation panels used in the construction of facilities for the transportation and storage of liquefied natural gas (LNG). Sveza mill in St. Petersburg, which...

When interviewed by FederalPress, Yury Logachev, president of the regional Union of Timber Industrialists and Exporters, said that the problem had been persisting for several months. “It leads to failures to fulfill contractual obligations, financial losses, decreased revenues...

The project aimed at increasing the output of OSB is estimated at 5 billion rubles (15 new jobs), of binding agent – at 5 billion rubles (20 jobs), of plywood – at 8.4 billion rubles (70 jobs).

Monolit-Stroy LLC will put into operation a new OSB production facility near Tomsk at the end of 2021. Investments in the project will amount to 5 billion rubles, the capacity will be 250,000 m³ per year. The first...

As a consequence of its strategic direction, Stora Enso is in the process of exiting the segment of dissolving pulp for viscose production globally. This segment is not core for company and stands for only a small part...