Woodworking

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...

In January-October 2021, Russia increased its plywood export volume by 5.1% YoY, reaching 2.514 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 64.6%...

Big producers of high-grade plywood are still waiting for high-quality logs, increasing the share of lower-quality plywood output. This keeps putting pressure on the price in the low-grade birch plywood segment. The general change of trend in the...

Mikhail Shamolin, President of Segezha Group, announced at “Russian Forest” 26th International Forum and Exhibition that the Group was going to build a residential estate of two four-storey houses in Sokol, Vologda Region, for their employees’ families. The...

Bereznik JSC completed the first stage of an investment project on building a plywood production site at the premises of Sokol Industrial Park. The enterprise was built in 3 years; the investment value exceeded 1 billion rubles. The...

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...