Woodworking

Segezha Group announces that it has completed the acquisition of LLC Inter Forest Rus from Bonum Capital Ltd. Inter Forest Rus, which comprises 24 forest industry assets and a substantial forest resource base in the Krasnoyarsk and Irkutsk...

According to data from the Federal State Statistics Service (Rosstat) in January-November 2021, Russia increased sawn timber production by 5.9% YoY to 27.6 million m³.

According to a monthly price review by WhatWood Agency, retail prices for the most popular thicknesses — 8 and 10 mm (interior grade plywood, 1525х1525, Grade 4) in the Volga region dropped by 19% and 16% respectively in...

The new timber processing venue is supposed to be created at the premises of Veliky Ustyug Forestry – a branch of ACS of Vologdaleskhoz Forestry. The facility is supposed to produce dry planed sawn timber; raw material will...

EcoBioTech LLC is planning to start producing disposable tableware from veneer in the Danilovsky District in 2022. The investment value will reach 190 million rubles. The company is supported by the Development Corporation of the Yaroslavl Region. The...

Sibboard LLC will invest 340 million rubles in OSB production in the Seversk Priority Social and Economic Development Area (Tomsk Region). Aspen and birch will account for 90% of wood in the product. 44 jobs are supposed to...

Krona LLC will receive a loan under Timber Industry Projects federal and regional program. The enterprise will upgrade a timber processing plant to increase the volume of sawn timber output – lining, timber, strips and planks – and...

Alexander Churkin, Chair of the Board of Directors at Vologodskiye Lesopromyshlenniki Group, declared that the Group was planning to invest 3 billion rubles in building a new sawmill in Kharovsk (Vologda Region) at a press conference devoted to...

Lesosibirsky LDK No.1 JSC (Segezha Group) has concluded the entire scope of contracts for the supply of equipment to build new and modernize the existing production facilities at the mill. The cost of the equipment exceeds 3 billion...

The Austrian group will invest €300 million in upgrading its Russian production site in Shuya that has been in operation since 2006. The investment project is supposed to be completed in 2024, creating 100 new jobs at the...

After imposing tentative anti-dumping duties in June 2021, the European Commission established the final anti-dumping duties for importing Russian birch plywood to EU countries. This involved adjusting the customs duties for Russian plywood producers compared to tentative amounts....

In January-October 2021, the volume of sawn timber exported from Russia reduced by 5.2% YoY and totaled 25.28 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...