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

Stora Enso divests its sawmills and forest operations in Russia

April 26, 2022 ` 16:04  
Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through...

WhatWood announces publication of an annual analytic review “OSB Market in Russia in 2021 – 2022”

April 25, 2022 ` 18:19  
The Russian OSB market can still be called a developing one. This year marks the 10th anniversary of the emergence of domestic OSB production in Russia. Until 2012, when private Russian investors decided to create small production venues...

The USA has developed a draft bill prohibiting the import of Russian and Belorussian timber products

April 20, 2022 ` 16:29  
The House of Representatives of the US Congress developed a draft bill prohibiting the import of Russian and Belorussian timber and products thereof. This document was submitted to the House of Representatives on April 7. Specific types of...

Industrial Development Fund will grant a loan of 490 million rubles to Plitwood

April 5, 2022 ` 18:11  
The expert board of the Industrial Development Fund (VEB.RF Group) approved a loan of 490 million rubles for implementing a project on building a birch plywood production plant in the Vologda Region, at the premises of Plitwood joint...

Ugra Timber Holding increased production output in 2021

April 5, 2022 ` 18:13  
Based on 2021 performance, Ugra Timber Holding increased its sawn timber output by 4.5% YoY, up to 151,500 m³, according to the group’s information disclosure form. Particleboard and laminated particleboard output also grew (+11.1% YoY, up to 272.6...

Kastamonu delivered 100 million m² of laminate flooring to the Russian market

April 5, 2022 ` 16:39  
Kastamonu has produced 100 million m² of laminate for the Russian market, as reported by the press service of the Turkish company. The mark was reached in February 2022 in 7.5 years. Most deliveries were made for laminate...

Kastamonu will start producing particleboard in Tatarstan

April 1, 2022 ` 17:15  
Kastamonu will start up a new particleboard production line costing 30 billion rubles at its venue in Alabuga Special Economic Zone, as reported by the company’s press office. Starting up the new line will bring the company’s total...

Metsä Group suspended operations at Metsä Svir sawmill

March 29, 2022 ` 20:17  
Metsä Group (Finland) announced suspension of operations at its only production unit in the Leningrad Region, Russia. Raw material purchasing and supplies to the Group’s Finnish and Swedish plants were also terminated. According to the investment web portal...

Koskisen exits its operations in Russia

March 15, 2022 ` 18:57  
Koskisen has decided to discontinue its operations in Russia. The company will run down it’s Russian’s sawing operations and stop importing sawn goods and logs from Russia. The discontinuation of operations will be carried out with personnel and...

US lumber price increases slow down

March 15, 2022 ` 17:02  
As the month drew to a close and players recovered from the shock of a big pop in lumber prices two weeks ago, for the week ending February 25 these price increases slowed down. After a big pop...

UPM will cease deliveries to Russia

March 4, 2022 ` 14:15  
UPM will cease its deliveries to Russia for the time being. UPM businesses will keep the Russian customers and suppliers informed of the situation. In Russia, UPM employs 800 persons most of whom work at the Chudovo plywood...