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In 2019 plywood production in Russia did not change significantly compared to 2018 and was at the level of 4 million m³. Softwood plywood is produced by two factories located in Siberia – Ilim Timber in Bratsk and...

At a meeting on forest industry development and decriminalization, Russian President Vladimir Putin gave an instruction to launch subsidized loans for small and medium-size businesses starting from 2021, so that they could re-equip production sites and create value-added...

The plant is implementing several projects at once within an investment program. The value of investment in upgrading production capacities and improving work conditions will exceed 50 million rubles in Q3 2020. A new German-made drum chipper has...

Far East Development Fund is ready to launch an electronic timber accounting system in the region within 2 – 3 months; it will make the processing and export process transparent.

Russian Timber Journal 09-2020: Vladimir Putin gave a directive to introduce a ban on exporting unprocessed or roughly processed timber products from Russian as of January 1, 2022, how this decision will impact the Russian timber industry; the Government of...

Stora Enso has completed the co-determination negotiations concerning the closure of one standard newsprint paper machine (PM3) and the deinking plant at Stora Ensos Hylte Mill in Sweden. The maximum personnel impact is 140 people. As a result...

In 2019, the volume of timber harvesting decreased by 8.1% YoY to 219.2 million m³ (figures from Rosleskhoz). Statistic shows that all federal districts have reduced the harvesting of logs. Only eight Russian regions with level more 1...

In September 2020, a record breaking greenfield investment in Lithuania has been presented in Akmenė – “Vakarų medienos grupė” officially opened one of the largest particle board factories in Europe, with the investment reaching a total of EUR...

Based on the results of 2018, the combined revenue of the Top 100 timber enterprises skyrocketed to the highest level in Russia’s contemporary history. The main reasons were high prices for timber products in global markets that sustained...

Raute Corporation has received orders worth approximately EUR 55 million from Russia’s LLC Plitwood. The scope of orders includes all machinery and equipment for the production process of an entire plywood mill and also services related to the...

Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over...

China’s log imports fell sharply in 1H 2020 to 24.51 million m³ valued at US$3.558 billion, down 60% in volume and 62% in value from the same period of 2019. Of total log imports, softwood log imports fell 61%...