Russian Government did not endorse Sveza’s investment project for the construction of a wood pulp mill at Rybinsk Reservoir
April 30, 2020 ` 10:00
Prime Minister Mikhail Mishustin said that the Government of Russia did not consider it appropriate to build a wood pulp mill on the banks of the Rybinsk Reservoir. Along with that, Mr. Mishustin noted that Sveza Group had...
Metsä Group’s sales drop in Q1 2020
April 29, 2020 ` 16:45
According to the official website of the Metsa Group, in the first quarter of 2020, sales amounted to EUR 1.253 billion, which is 12.9% less than a year earlier. Operating profit for the reporting period decreased by 66.7%...
Runko Group doubled the output of firewood and wood briquettes in 2019
April 29, 2020 ` 11:08
In monetary terms, its total production output reached 667 million rubles. In particular, the company produced 2,450 tons of wood briquettes worth 13.8 million rubles and 12,500 m3 of firewood (worth 52 million rubles). The output of sawn...
Russian Forest Industry during the pandemic
April 28, 2020 ` 17:32
The Russian timber industry slowed down in 2019, but not as much as it could have decelerated in such circumstances. However, export earnings of the Russian timber industry in 2019 decreased by 8.36% totaling $12.27 billion. The output...
Kronospan may purchase assets of Russian Laminate
April 28, 2020 ` 12:36
Russian Laminate owns two particleboard production sites in Smolensk and Moscow regions with a total capacity of 480,000 m3 per year. Its MDF production equipment with a capacity of 400,000 m3 per year at the production site of...
SCA raises pulp price
April 24, 2020 ` 17:57
Scandinavian pulp producer SCA upping its pulp price by $40 from 1 May to $880 per tonne. The company notes that the demand has increased from tissue and hygiene industry producers. SCA owns 2.6 million hectares of forest...
The auction to sell Ugra Timber Holding and Ugra-Plit plant was declared void due to the absence of eligible participants
April 24, 2020 ` 11:23
The auction was attended by only one potential investor: TLD-Expo, a company from Tomsk. However, it was not allowed to participate since the receipt of the deposit to the account within the time specified had not been confirmed....
Sveza may suspend plywood production
April 23, 2020 ` 17:19
During the coronavirus pandemic, Sveza is considering several options for stress testing its plywood business, starting from a 20% cut production to a complete shutdown. Anatoly Frishman, CEO of Sveza, said this in an interview to RBC. In...
In 2019, exports of sawn timber from Russia to China exceeded 20 million m3
April 23, 2020 ` 16:05
Russia continues to increase sawnwood exports. Despite the low prices that persisted throughout 2019 on world markets, Russian sawmills did not reduce sales and did not suspend production. In 2019, the volume of sales of softwood and hardwood...
China: booming roundwood supplies from the Czech Republic and Germany in 2019
April 23, 2020 ` 12:35
China’s log imports in 2019 totalled 60.57 million m3 valued at US$9.434 billion (CIF), a year on year increase of just 1% in volume but there was a decline in the value of imports by 14%. The average...
Pestovsky LPK shipped over 18,000 m3 of sawn timber in February 2020
April 22, 2020 ` 02:22
In February, the plant sawed 46,000 m3 of roundwood, dried 22,000 m3 and sorted over 20,000 m3 of sawn timber. ULK Group is continuing the modernization of Pestovsky LPK. In 2020, it has completed the construction of a...
Ministry for the Development of the Russian Far East to create лесвосток.рф, an online services platform
April 17, 2020 ` 14:56
The new platform provides for the comprehensive integration of existing federal information systems into a single digital platform on the forest sector. It will incorporate the state forest register, LesEGAIS, Forests of Russia Map, etc. The new web...