Sber is going to fund construction of a plywood plant in the Vologda Region for 11.9 billion rubles
November 26, 2020 ` 18:52
The Russian bank is going to fund construction of an export-oriented plant producing birch plywood in the Vologda Region at the premises of a joint venture of Plitwood created by Group Vologodskiye Lesopromyshlenniki and Cherepovets Plywood and Furniture...
Mikhail Shamolin: “Stopping roundwood exports will not only increase processing within Russia but also deliver a serious blow to quasi-legal harvesting”
November 26, 2020 ` 18:44
Mikhail Shamolin, President and Chairman of the Board at Segezha Group, spoke about the prospects of banning roundwood exports from Russia as of January 1, 2022 in an interview with RBC. “It is undoubtedly a perfectly correct solution...
Euro Graph: demand for magazine paper falls in Europe in September 2020
November 26, 2020 ` 18:22
According to the European Association of Printing Paper Manufacturers (Euro Graph), the demand for magazine supercalendered paper in European countries in September 2020 decreased by 8.3% YoY to 229,000 tons. Magazine paper supplies decreased by 12.1% YoY to...
AVA Company will be leased to Profit Group without bids
November 25, 2020 ` 20:01
This idea was supported by company’s lenders at the general meeting. Unsold equipment and property of the bankrupted company will be leased to a new owner – Profit Group. The new owner also held meetings with the Government...
“The country will get more timber processing capacities:” Viktoria Abramchenko about the problems that will be solved by banning roundwood export
November 25, 2020 ` 19:56
In her interview for Russia 24 channel, Viktoria Abramchenko, Deputy Prime Minister of Russia, explained which problems will be solved by banning the export of roundwood and roughly processed timber from Russia as of January 1, 2022. “Firstly,...
Demand for newsprint in Europe decreased by 17.3% in September 2020
November 25, 2020 ` 19:42
According to the Euro Graph, in September, 2020, the demand for newsprint in Europe decreased by 17.3% to 336,000 tons, supplies – by 14.8% to 442,000 tons.
Russia is steadily increasing its saw timber
November 24, 2020 ` 17:24
After dramatic production decline in the period 1992-2002 Russia is steadily increasing its saw timber. It is worth noting once again that the collection of statistical information by Federal State Statistics Service does not cover medium, small and...
Vyatsky Plywood Mill is upgrading production
November 23, 2020 ` 19:07
Segezha Group updated a part of Homag sawing machine at Vyatsky Plywood Mill in Kirov. The total project value was about 2 million rubles. The equipment was delivered and installed by Homag Russland. Upgrading this equipment will make...
Digitization of forests was completed in the Zabaykalsky Region
November 23, 2020 ` 18:57
Peuru Rus and Roslesinforg completed the analysis of 2 million ha of forests in the region’s central and south-western areas. Today, this program is being tested at Federal Forestry Agency (Rosleskhoz) until November 10. By the end of...
Wood pulp export from Russia grew by 11.2% in January — September 2020
November 20, 2020 ` 18:09
According to data from the Federal Customs Service of Russia, the volume of wood pulp export grew by 11.2% YoY in January — September 2020, reaching 1.697 million tons. In monetary terms, the export reduced by 9.6% YoY,...
West Fraser Timber to acquire Norbord in all-stock deal valued at $3.1 billion
November 20, 2020 ` 16:20
A $3.1-billion all-stock deal to take over Norbord Inc. will transform West Fraser Timber Co. Ltd. into a “global diversified wood products company,” CEO Ray Ferris said Thursday. Norbord, the world’s largest manufacturer of oriented strand board housing...
Russian Timber Journal 10-2020: European Union is going to conduct an anti-dumping investigation in relation to birch plywood import from Russia, EU may impose duties; interview with Ilya Korotkov, Director General at Cherepovets Plywood and Furniture Mill; Russia is consistently growing the export of larch sawn timber
November 20, 2020 ` 11:19
Russian Timber Journal 10-2020: the European Commission reported the start of the investigation that will determine whether Russian birch plywood import is subject to dumping and whether the European Union industry was harmed; WhatWood Agency had a conversation...
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