WRI: The Coronavirus has not stopped the global trade of forest products
July 1, 2020 ` 18:34
The Coronavirus Epidemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months. Many commodity products saw reduced trade during March and April, a result of reduced demand, closures of manufacturing facilities to...
Recycled cardboard plant to open in the Khabarovsk region
June 26, 2020 ` 17:17
Installation of a cardboard line with the capacity of 2,000 tons per month has already been completed; it is planned to produce cardboard with a density of 340-540 g for technical purposes from paper waste. At the initial...
Russian plywood prices grew for the first time since February 2019
June 26, 2020 ` 12:49
According to the Federal State Statistics Service, the average producer’s price of Russian plywood in the domestic market in May increased by 7.8% YoY to 26,595 rubles / m³ ($ 365). Export prices up to 12.4% YoY to...
Pulp Mill Holding: We intend to implement two projects for the construction of new plants in the Kaluga region for the confidence in preferences for investors
June 25, 2020 ` 17:49
On 29 May, 2020, during a working visit the Acting Governor of the Kaluga Region Vladislav Shapsha attended the industrial sites of the Borovsky district – in Vorsino industrial park and on the northern site of SEZ Kaluga....
Selena LPK (Bashkortostan) bought a sawmill from Kador LLC (Poland)
June 24, 2020 ` 17:52
The company is going to increase wood processing by 50,000 m³ per year and thereby raise the output of dry birch boards and furniture blanks by 1.5 times. Additional investments of about 50 million rubles will be required.
China’s sawn timber imports from Russia in Jan-Apr 2020 down 12.8%
June 22, 2020 ` 18:25
In January-April 2020, Russian sawn timber exports decreased by 6% YoY to 9.96 million м3. In April 2020, exports decreased by 13.3% YoY to 2.77 million м3. The largest importer of Russian sawn timber – China, in January-April...
UPM Plywood is planning to scale down plywood production in Finland
June 22, 2020 ` 16:07
UPM Plywood is planning to permanently close its Jyväskylä plywood mill, which is producing spruce and birch plywood. The company starts a consultation process concerning the entire personnel working at the mill. The Profitability of Jyväskylä plywood mill...
Should the Russian government introduce export duties on sawn timber?
June 22, 2020 ` 13:48
The main problem of accounting for the export of unprocessed roundwood and primary processed timber is, according to the authorities, the difference in customs duties on different commodity items of timber. For example, unprocessed or roughly processed wood,...
In January-May 2020, wood pulp production in Russia increased by 5.7%
June 19, 2020 ` 17:20
In January-May 2020, Russian wood pulp production increased by 5.7% YoY to 3.7 million tons, the Federal State Statistics Service (Rosstat) reports. For five months, paper and cardboard production also increased by 5% YoY to 3.9 million tons....
Norske Skog revenue declines by almost 14%
June 19, 2020 ` 14:13
Norwegian timber holding company published a report on the results of work in 1 quarter. 2020, Norske Skog revenue declined 13.7%. The company’s revenue for the reporting period amounted to about $ 284.4 million. EBITDA for the first...
Declining of sawn timber exports from Russia: 2008-2009 Vs 2020
June 19, 2020 ` 12:30
In the global financial crisis the downward trend lasted for six consecutive quarters in 2008-2009 (from Q4 2007 to Q1 2009). The strongest decline was in the European direction: exports from Russia dropped by 27% (which was the...
FBB production to be launched at the site of Kama PPM in autumn 2020
June 18, 2020 ` 16:17
Kama Karton LLC is implementing an investment project aimed at creating import-substituting production: bleached chemical-thermomechanical pulp within the first phase and high-quality FBB within the final phase. For the implementation of the first phase of the project, a woodland...