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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...

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 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, 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 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...

Norske Skog’s EBITDA in 2Q 2020 was NOK 138 million ($14.9 million), a decrease from NOK 379 ($41 million) in 1Q 2020, mainly due to national restrictions on movement of goods and people following the outbreak of the...

Sveza started producing craft-coated plywood popular in the USA. The new product called SVEZA Paint Kraft — plywood designed to be painted — will reduce the waste of surface preparation time by 70% and paint consumption, by up...

Setra is expanding its range of construction timber with a major investment in new planed products. Production will soon begin at the new planing mill in Hasselfors, Sweden. “Wood is the building material of the future and we...

A new scarfing line designed by Austrian-Slovenian Company Ledinek Engineering has become operational at Sokolsky DOK of Segezha Group (part of PJSC Sistema) in the Vologda region. The line capacity is 25 m³ of laminated products per hour....

In June 2020, WhatWood Analytics Agency completed its annual analytic survey Plywood Market in Russia 2019-2020. Here is the summary and key conclusions. In 2019, plywood production in Russia basically remained at the last year’s level of 4...

Sales decreased by 20% to EUR 2,077 million due to lower deliveries of graphic papers and lower pulp and paper sales prices. Comparable EBIT decreased by 41% to EUR 203 million, and was 9.8% of sales.

Metadynea is the largest Russian producer of synthetic resins for wood boards. The scope of construction industry, which is one of the biggest consumers of petrochemicals and gas-to-chemicals products, may drop by almost 50% in 2021 and its...