Woodworking

Krasny Oktyabr LLC will invest 2.8 billion rubles in producing birch veneer and plywood (including laminated plywood), as reported by the website of the Governor and the Government of the Perm Region. 800 million out of the total...

The Association of Furniture and Woodworking Enterprises of Russia suggested imposing safeguard duties on birch veneer export and banning veneer logs export. One of the reasons for such a decision was the recent resolution of the European Commission...

Vologodsky Les intends to invest 3.5 billion rubles in upgrading its plywood production site and creating new timber processing facilities, as reported by the official web portal of the Government of the Vologda Region. The investment project received...

BioLesProm is planning to build a woodworking enterprise for 3.8 billion rubles in the Verkhovazhsky District of the Vologda Region. The investment project that received a priority status includes commissioning an OSB production site with the capacity of...

On November 29, the Government Committee on Foreign Investments Control chaired by Mikhail Mishustin, Prime Minister of the Russian Federation, approved the sale of 75% of RFP Group, a timber industry group from the Far East, to Iida...

A project on upgrading Peno Woodworking Factory by Discovery-Peno LLC is included in the list of priority investment projects in the forest sector of the Russian Federation. It will be implemented by 2026 and create 85 jobs. The...

The United States has decided to almost double the duties on Canadian softwood lumber from most producers to 17.9%, Canadian Trade Minister Mary Ng said on Wednesday, adding that Canada is “extremely disappointed.” The current rate for most...

Sveza has shipped first batches of plywood to Kögel GmBH, one of the world’s largest producers of cargo trailers, from its mill in St. Perersburg, Russia. Earlier, Kögel successfully tested Sveza’s trailer flooring plywood at its manufacturing facility...

According to data from the Federal State Statistics Service (Rosstat) in January-October 2021, Russia increased sawn timber production by 2.5% YoY to 25.4 million m³.

According to data from the Federal State Statistics Service (Rosstat) in January-October 2021, plywood production in Russia increased by 7.8% YoY to 3.7 million m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 14.5% YoY to 611...

Interfor Corporation has reached an agreement with an affiliate of Kelso & Company to acquire 100% of the equity interests of Eacom Timber Corporation. The purchase price is CAD 490 million, on a cash and debt free basis,...

The creation of a new timber processing plant is planned on the basis of the Velikoustyug forestry enterprise – a branch of the ACS of forestry of the Vologdaleskhoz VO. Woodworking facilities for the production of dry planed...