Timber industry research & analytics 
Louisiana Pacific announces Peace Valley OSB mill restart
February 18, 2021 ` 17:14
In a 2020 earnings call with investors, the company said the restart will help meet “intense customer demand” in the U.S. housing market. The company plans to spend $10 to $12 million on the mill this year, with...
Federal Forestry Agency: the total timber resources in Russia exceed 102 billion m³, and the timber harvested in 2020 totaled 220 million m³
February 17, 2021 ` 19:30
The total timber resources in our country are estimated at 102.2 billion m³. Such data were obtained from the results of the first cycle of the state forest inventory. The AAC, i.e. the volume of timber that is...
The RF Ministry of Industry and Trade proposed to limit or prohibit the exports of particleboards, OSB, and chips
February 17, 2021 ` 19:17
The Ministry of Industry and Trade of Russia proposes to include particleboards, OSB, and softwood chips (both fuel and process ones) in the list of goods that are important for the Russian domestic market that may be subject...
US tropical sawnwood imports plunge in 2020
February 17, 2021 ` 18:31
The volume of sawn tropical hardwood imported by the US fell by 34% in 2020 from 243,884 m³ in 2019 to 161,179 m³ in 2020. Imports rose 15% in December to 14,687 m³, the highest level since August,...
Wood pulp production increased by 1.3% in Russia in January 2021
February 16, 2021 ` 17:42
According to the data of the Federal State Statistics Service (Rosstat) in January 2021, the output of Russian wood pulp grew by 1.3% YoY to 772,000 tons. Paper and cardboard production increased over the reporting period as well...
Russia increased the production of wood-based panels in January 2021
February 16, 2021 ` 15:17
According to data from the Federal State Statistics Service (Rosstat) in January 2021, plywood production in Russia increased by 19.5% YoY to 341,000 m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 5.8% YoY to 58.4 mln...
International Paper to sell Kwidzyn mill in Poland
February 15, 2021 ` 18:50
International Paper has entered into an agreement to sell the Kwidzyn pulp and paper mill and supporting operations to Mayr-Melnhof Karton AG for €670 million (approximately $812 million) in cash, subject to closing adjustments for net debt and...
Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment
February 12, 2021 ` 17:36
Metsä Fibre, part of Finland-headed forest industry major Metsä Group, has announced that it has made the investment decision to build a new bioproduct mill in Kemi, Finland. The value of the investment is € 1.6 billion and...
Rebound in N. American lumber prices
February 11, 2021 ` 18:26
With February looming, lumber prices popped back up to recover a drop toward the end of January. In the week ending Jan. 29, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr jumped...
Russian Timber Journal 01-2021: Dmitry Rudenko, Vice President of Segezha Group: demand for wooden houses currently exceeds the productive capacity; the Ministry of Industry and Trade of Russia held the IV LPK 360° Timber Industry Forum themed A New Era of Development as part of the measures for the development of the timber industry; the Government approved the RF Forest Sector Development Strategy until 2030; how soon will Russia become the world’s largest wood pellet supplier?
February 11, 2021 ` 16:14
Russian Timber Journal 01-2021: WhatWood Agency interviewed Dmitry Rudenko, Vice President of Segezha Group, about the expectations for wooden housing construction and the CLT construction technology that is relatively new for Russia; WhatWood Agency summarizes key theses of the plenary...
New CNC machine has been launched at Sveza mill in St. Petersburg
February 10, 2021 ` 19:51
Sveza has put a second CNC machine with programmed numerical control at its mill in St. Petersburg. The new equipment is capable of producing parts of any given configuration from large-format plywood sheets with a thickness of up...
International Paper sells its corrugated packaging business in Turkey to Mondi Group
February 10, 2021 ` 13:23
International Paper has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately € 66 million. The Olmuksan business includes corrugated packaging facilities in Turkey with an approximate annual revenue of TRY 1,093...
