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Woodworking

News on Russian lumber, panel, construction, and biofuel industry.

Current US lumber price increases mirror one year ago

October 21, 2021 ` 19:38  
Still pushing up at an unusual time of year, for the week of October 8, 2021 the price of Western S-P-F 2×4 #2&Btr KD (RL) was $580 mfbm, according to Madison’s Lumber Reporter. This is up by +$40, or...

Automatic plywood sorting line installed at Cherepovets Plywood and Furniture Mill

October 19, 2021 ` 12:54  
The launch of a new automatic line will reduce the proportion of manual labor by 50% and increase the production efficiency. Investments in the project amounted to about 70 million rubles. Тhe key component of the new sorting...

European wood furniture production down 5% last year

October 18, 2021 ` 19:24  
The latest Eurostat PRODCOM data reveals that the total value of wood furniture production in the EU27 declined 5% to €32.4 billion in 2020. This performance for the year is significantly better than initially anticipated at the start...

Sveza’s Saint Petersburg production facility makes the first batch of maximum size plywood sheets

October 18, 2021 ` 18:53  
Sveza’s Saint Petersburg production facility has produced the first batch of 8 × 12 feet (2440 × 3660 mm) plywood. This size of plywood is in great demand in the automotive industry as it makes it possible to...

Houses from MHM panels will be built in a Yakutian village that suffered from a forest fire

October 15, 2021 ` 18:44  
Houses for residents of Byas-Kyuel village in Gorny District that suffered from a forest fire will be built from wood using the MHM (Massiv Holz Mauer) technology, as reported by Aysen Nikolaev, Head of the Region, on his...

Strong demand continues to push North American lumber prices up

October 15, 2021 ` 14:06  
Continuing steady increases following the Labour Day long weekend, for the week of October 1, 2021 the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$540 mfbm ($349/m³). This is up by +$30, or +6%, from the...

In January-August 2021, Russian furniture imports increased by 34.4%

October 13, 2021 ` 12:37  
In January-August 2021, the value of Russian furniture imports increased by 34.4% YoY to $1.565 billion, as reported by the Federal Customs Service of Russia. In August 2021, imports amounted to $209.9 million (+ 1.1% MoM).

In January-August 2021, Russia reduced its export of sawn timber by 4.5%

October 13, 2021 ` 09:26  
In January-August 2021, the volume of sawn timber exported from Russia reduced by 4.5% YoY and totaled 20.51 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

In January-August 2021, Russian plywood export increased by 13.1%

October 12, 2021 ` 17:33  
In January-August 2021, Russia increased its plywood export volume by 13.1% YoY, reaching 2.076 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 58.9%...

Segezha Group agrees to acquire forestry assets in Siberia for $515 million

October 11, 2021 ` 16:47  
Segezha Group will acquire 100% of the share capital of Inter Forest from Bonum Capital Ltd for $515 million. Segezha Group will finance the acquisition with funds from a new issue of RUB-denominated exchange-traded bonds as well as...

Ivan Lepikhov, CEO, Vigvam.ru construction firm: “It is now crucial to work in short cycles”

October 8, 2021 ` 18:43  
Russia is undergoing a boom of country houses construction (specifically, those made of wooden structures) that began in 2020 because of the pandemic and continued in 2021. The Russian house construction market is therefore facing an acute shortage...

Sveza’s facility in St. Petersburg resumes operation after scheduled equipment maintenance

October 8, 2021 ` 17:51  
Sveza’s facility in St. Petersburg has completed its scheduled preventive equipment maintenance and is now back in operation. The full scope of maintenance — 16 types of activities, affecting almost the entire production process — required 2 weeks...