Timber industry research & analytics 
Russian plywood exports grew by 4.7% in 1H 2020
August 10, 2020 ` 17:49
According to the Federal Customs Service of Russia, in 1H 2020, the volume of plywood exports increased by 4.7% YoY to 1.416 million m³. At the same time, in value terms, Russian plywood supplies fell by 3.2% YoY to $ 570.2...
Norbord reports 2Q 2020 earnings
August 10, 2020 ` 12:12
Norbord Inc. reported Adjusted EBITDA of $84 million for 2Q 2020 compared to $75 million in 1Q 2020 and $36 million in 2Q 2019. The quarter-over-quarter increase was primarily due to lower manufacturing costs, partially offset by lower...
In 1H 2020, Lesozavod 25 increased the volume of sawmilling by 9% to 965,000 m³
August 7, 2020 ` 20:30
Sawn timber exports increased by 12% YoY to 425,000 m³. Volume of wood pellets production in 1H 2020 increased by 0.9% YoY to 95,000 tons, the volume of production of industrial wood chips increased by 17% YoY to...
Andritz had solid business development in 2Q 2020
August 6, 2020 ` 18:31
The international technology group Andritz reports a largely solid business development for 2Q 2020 taking into consideration the very difficult general economic conditions. While incoming orders fell sharply YoY (-42.2% to € 1.18 billion), sales rose slightly (5.7%...
Kaamos Timber to establish a new sawmill in Belarus
August 6, 2020 ` 18:06
The Estonian wood industry company Kaamos Timber entered into a 15 million € loan agreement with the European Bank for Reconstruction and Development (EBRD) whose support will be used to establish a new sawmill owned by the Estonian...
International Paper reports 2Q 2020 results
August 4, 2020 ` 19:08
International Paper Company IP reported 2Q 2020 net sales declined to $4,866 million in 2Q from the year-ago quarter’s $5,667 million. The reported figure also missed the Zacks Consensus Estimate of $5,124 million. Adjusted cost of sales was...
Segezha Group is selling Medvezhyegorsky LPH for 102 million rubles
August 4, 2020 ` 18:52
Segezha Group put up for sale Medvezhyegorsky LPH — a sawn timber production plant located in Medvezhyegorsk, Karelia). The holding estimates its asset at 102 million rubles. The total land plot area exceeds 172,000 m², the production capacity...
Japan’s plywood imports from China over 20% lower in May 2020
August 4, 2020 ` 18:26
Until March 2020 Japan reported a slight increase imports of plywood from the top three shippers, Indonesia, Malaysia and China. Starting in April and so far statistically recognized also in May import volumes trended down. Plywood imports from...
Luzales continues implementation of large-scale investment projects
July 30, 2020 ` 17:33
The coronavirus situation slowed down some activities but the work at company’s plants never stopped, Valentin Rozhok, Director General at Luzales LLC, reports. “We are continuing construction and startup of new facilities. An area for dry sawn timber...
Mikhail Gavrilov, Vice President at Saint Petersburg Bank, became a majority co-owner of Soyuz Group
July 29, 2020 ` 16:25
Mikhail Gavrilov owns a 55% share. The remaining 45% belongs to Yulia Bagieva, niece to Anatoly Serdyukov, report several federal-level mass media. Since 2015, Mikhail Gavrilov has owned a share in Karelia Pulp LLC (the largest Russian exporter...
Mondi Paper Bags acquires paper bag lines from cement producers in Egypt
July 29, 2020 ` 16:17
Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will...
Kastamonu to start producing 34 class laminate flooring
July 28, 2020 ` 14:41
Kastamonu plans to launch on the market a line of laminate flooring of 34 class of wear resistance, the press service of the company reports. Previously, the manufacturer’s product range was represented by laminate flooring only in the...
