Timber industry research & analytics Belarus has opened a new woodworking shop for the production of sawn timber up to 700 cubic meters a month
August 10, 2019 ` 23:44
A significant event occurred in the GLHU “Loevsky leshoz”. Loevsky foresters expect that all costs for the creation woodworking will pay off. The first products of the new shop have already been sold on the stock exchange. Earlier...
In the Far East, an inventory of forests for investment projects is being carried out
August 9, 2019 ` 21:00
Far East Investment and Export Agency is conducting an analysis of the state of forests and identifying areas for “forest investments” to launch projects for deep processing of wood. As noted by Deputy Director General Maxim Duz, such...
Japan: «The plywood market is undergoing major changes»
August 8, 2019 ` 12:30
There are major changes taking place in Japan’s plywood importing sector brought on by falling production in Sarawak and to log supply issues in Indonesia, ITTO reports. The volume of May plywood imports dropped a massive 37% year...
The plant for the production of wood waste products will appear in Karelia
August 7, 2019 ` 08:54
On July 24, 2019, the Ministry of economic development of the Russian Federation entered Laplandiya Trans LLC in the register of residents of the territory of advanced socio-economic development Kostomuksha. The company became the first resident of “Kostomuksha”. ...
The Ministry of economic development approved the application of PC “MDF” LLC for the implementation of the investment project in Sayansk, Irkutsk region
August 6, 2019 ` 11:54
According to the Deputy Minister of economic development of the Irkutsk region Marina Petrova, the company became a resident of the territories of advanced socio-economic development of Sayansk and plans to implement a project to create a complex...
Sveza increases the supply of plywood for LNG carriers to Korea
August 5, 2019 ` 12:38
Sveza continues to increase production and sales of SVEZA Gas. It is the plywood intended for production of the insulating panels of the supertankers transporting the liquefied natural gas (LNG). Sveza is currently the only company in Russia...
UPM continues its strategic transformation and invests in a world class pulp mill in central Uruguay
July 31, 2019 ` 12:40
UPM made the investment decision to construct a 2,1 million tonne greenfield eucalyptus pulp mill near Paso de los Toros in central Uruguay. The highly competitive mill investment of USD 2,7 billion will grow UPM’s current pulp capacity...
Sudima together with KGK plan to launch a project to create a timber processing complex in Primorye and Transbaikalia
July 30, 2019 ` 23:57
The Singapore company Sudima together with the Indian partner KGK plans to launch a project to create a timber processing complex in Primorye and Transbaikalia. According to preliminary calculations, the volume of investments may exceed $200 million. The...
Stora Enso to sell its stake in the Dawang paper mill to its joint venture partner Huatai
July 29, 2019 ` 23:55
Stora Enso has signed an agreement to divest its 60% equity stake in the Dawang Mill in China, to its joint venture partner, Shandong Huatai Paper. The joint venture Stora Enso Huatai (Shandong) Paper Company Limited operates the...
The project of construction of a new line for the production of thermomechanical mass of Volga JSC is included in the list of priorities in the field of forest development
July 28, 2019 ` 13:33
By the order of the Ministry of industry and trade of the Russian Federation (№ 2317 of June 28, 2019) the investment project of JSC “Volga” in the field of forest development “Construction of the second line for...
The wood-based materials manufacturer Egger Group recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million
July 27, 2019 ` 23:35
Egger Group Management is satisfied with the sales of EUR 2,841.5 million achieved in the 2018/2019 financial year (+5.6% compared to the previous year) and the adjusted operating result (EBITDA) of EUR 425.0 million (-4.7% compared to the...
The investment project, the cost of which to 154.5 million rubles, launched in Primorsky Krai
July 26, 2019 ` 21:36
The woodworking company “Zhunda” started production of OSB and plywood. The project was implemented under the agreement on investment activities in the free port of Vladivostok with Far East Development Fund JSC, 8 jobs were created, the number...
