Timber industry research & analytics 
Deadlines for implementing a project worth 19 billion rubles by L-PAK in the Moscow Region have been set
June 17, 2024 ` 18:15
L-PAK, a resident of the Kashira Special Economic Zone, is implementing a project on producing corrugated cardboard and packaging products. It is planning to complete the construction of Phase 1 of a production and warehouse complex by the...
Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third
June 17, 2024 ` 16:40
Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...
Net profit of JSC Volga dropped by 25.8% in 2023
May 21, 2024 ` 00:00
The revenue of JSC Volga reduced by 1.8% YoY in 2023, down to 13.6 billion rubles. The company’s net profit dropped by 25.8% YoY over the reporting period, down to almost 1.84 billion rubles. Interfax quotes the company’s...
Production of paper and paper goods is growing in Moscow
May 20, 2024 ` 23:55
In January 2024, the production of paper and paper goods in the capital surged by 45.3% YoY, as reported by the Information Center of the Moscow Government referencing Vladimir Yefimov, Deputy Mayor for Economic Policy and Property &...
Taiga Boguchany increased the capacity of its wood pulp plant in the Krasnoyarsk Region by 20%
May 20, 2024 ` 23:48
Taiga Boguchany LLC is planning to identify the key physical volumes of the biotechnology complex construction and make an investment decision by December 2024, as reported by Kommersant. According to Interfax, the plant’s potential capacity has now increased...
Russian Timber Journal 03-2024: Interview with Evgeny Peshin, Head of Neoparma LLC; a shortage of high-quality raw material for plywood may emerge in the Russian market; Segezha Group published its financial and operational performance results for Q4 2023; International Paper acquires DS Smith for $7.2 billion; Russian timber harvest reached 188 million m³ in 2023; built-in furniture may be included in the mortgage amount; in 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t; in 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
May 2, 2024 ` 15:49
Russian Timber Journal 03-2024: Evgeny Peshin, Head of Neoparma LLC: “Our line is designed for small and medium companies, and this category of entrepreneurs has no access to investment funds”; a shortage of high-quality raw material for plywood may emerge...
In 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
April 18, 2024 ` 18:59
The value of investments in the Russian timber industry reduced by 4.8% in 2023 compared to the record-setting performance of 2022; it amounted to 188.8 billion rubles, which is comparable to the 2021 level, according to Roslesinforg. Over...
In 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t
April 18, 2024 ` 18:21
By the end of 2024, Ilim Group intends to supply up to 550,000 t of premium cardboard (wood-free kraftliner) to the PRC market, as reported by TASS referencing Alexey Lomko, the Group’s CEO. In 2023, Ilim Group’s export...
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported timber grew by 12.9% in 2023; VLP Group may purchase Metsä’s timber assets in Russia; Ufa Plywood Mill is listed for sale for 1 billion rubles; In 2023, timber transportation by the Russian Railways network reduced by 9.1%, down to 37.1 million t; As of January 1, 2024, the VAT rate for children’s furniture is reduced from 20% to 10%; Saint Petersburg R&D Institute levied 1.3 billion rubles from IKEA after it refused to build the Mega Shopping Mall
February 20, 2024 ` 19:12
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported...
Paper and cardboard production site worth 3.5 billion rubles is planned in the Nizhny Novgorod Region
January 23, 2024 ` 19:18
The expert board of the Kulibin Special Economic Zone (Dzerzhinsk) approved an application worth over 3.5 billion rubles from KBK Oka LLC, as reported by the Investment Portal of the Nizhny Novgorod Region. The company is planning to...
Upak Group is planning to produce packaging in the Krasnodar Region
January 17, 2024 ` 20:10
Upak Group LLC and the Administration of Armavir have signed an investment agreement that stipulates building a packaging materials plant with a total investment value of 580 million rubles and 140 new jobs. The company produces and sells...
Construction of a packaging plant worth 19 billion rubles began in the Moscow Region
January 17, 2024 ` 20:02
L-PAK started building Phase I of the corrugated cardboard and packaging products production plant in the Kashira Special Economic Zone. The investor has already procured the corresponding permit. This was reported by the press office of the Ministry...
