Woodworking

Dropping markedly after two weeks flat, for the week ending August 5, 2022 the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was $610 mfbm, according to Madison’s Lumber Reporter. This is down by...

The mill in Manturovo has started up a new automated cutting line for making non-standard plywood sizes. The new line has high energy conservation and energy efficiency performance. The total cost of the project is 43 million rubles....

At St. Petersburg International Economic Forum (SPIEF 2022), Alexey Mordashov, owner of Severgroup that owns Sveza Group, reported a sharp decline of output in his timber business. “Our output volume has taken a nosedive both in the timber...

According to Rosstat, sawn timber production in Russia in 1H 2022 decreased by 1.9% YoY to 14.7 million m³. In June 2022 sawn timber production down 9.4% from June 2021.

In 1H 2022, plywood production in Russia decreased by 16% YoY to 1.9 million m³, according to Rosstat. Production declines for the fourth month in a row: in June 2022 it decreased by 1.6% compared to the previous...

Raute’s net sales volume in Russia in 1H 2022 almost halved to €16.1 million (1H 2021 — €31.6 million). The share of the Russian market in total net sales for the reporting period decreased from 53% to 23%....

VEB.RF, together with Segezha Group, is implementing a project for the construction of a wooden multi-storey residential building in Baikalsk, Irkutsk Region, Interfax reports. The customer is VEB.RF, the design is carried out by Bazis LLC (part of...

The Ministry of Construction and the Ministry of Emergency Situations of Russia have approved an Action Plan (roadmap) for the development of wooden housing construction for the period up to 2024. The document provides for the organization of...

Koskisen’s wood processing company has sold its sawing operations located in Russia to Cherepovetsles. Koskisen’s Russian operations were discontinued as planned previously. The Russian business operations made up a small share of Koskisen’s net sales, and the financial...

In May, the producers’ position was exacerbated by the higher exchange rate of the national currency, in addition to the previous problems with logistics and closure of export markets. Re-orienting to the domestic market while maintaining the current...

Revenue was up 96% YoY to RUB 35.6 billion, driven by higher sales, higher average selling prices, a positive effect from ruble depreciation and also the effect of consolidation of the assets of Novoeniseisk Wood-Chemical Complex (NLHK) and...

Forest Group LLC (Galich) will invest more than 330 million rubles in production development. This project was supported by the regional investment board. In May 2022, the company shared its plans of building another administrative and amenity building,...