Woodworking

Angara Les LLC will start producing OSB in Kodinsk, as reported by Interfax Real Estate quoting the company’s Director, Sergey Tarasyuk. 3.1 billion rubles will be invested in this project with the production capacity of 100,000 m³ of...

Kronospan invested 226 million rubles in restoring the lamination line at Igorevsky DOK located in the Kholm-Zhirkovsky District of the Smolensk Region. Peter Kindl, the owner of Kronospan Group, had previously declared his intention to invest 1.5 billion...

VTB Bank opened a line of credit to Uvadrev-Holding LLC — one of the biggest companies in Udmurtia’s wood processing industry. The loan of over 7.3 billion rubles is issued for the term of up to 10 years...

According to Madison’s Lumber Reporter, in the week ending September 10, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $480 ($311/m³). This is up by +$50, or +12%, from the...

According to data from the Federal State Statistics Service (Rosstat) in January-July 2021, plywood production in Russia increased by 10.9% YoY to 2.6 mln m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 20.7% YoY to 420...

In January-July 2021, the volume of sawn timber exported from Russia reduced by 3.1% YoY and totaled 18.077 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

In May 2021, all world sawn timber markets were still experiencing a strong imbalance with a significant excess of the demand over the supply and low stocks. This was mainly conditioned by the stimulating measures to support the...

The increased demand for OSB and plywood is traditionally conditioned by the construction season. Despite the rise in prices of these products, the demand on the part of traders, construction companies, and buyers is not declining since the...

In January-July 2021, Russia increased its plywood export volume by 12.9% YoY, reaching 1.835 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 48.5%...

OSB output keeps growing in Russia In 2020, it grew by +18% compared to 2019. Increased production volumes at Kronospan Ufa, Kronospan Yegoryevsk and Kalevala DOK were the major contribution to this output growth, with small-capacity plants doing...

The production output of MDF/HDF, fiberboard (all types of fiberboards) reached 3.7 million m³ (-4.5% vs 2019). If we exclude the mature segment of the wet-processed fiberboard from the calculations, the production output of MDF/HDF and dry-processed fiberboard as...

Segezha Group (MOEX: SGZH), a leading vertically integrated holding company in the timber industry performing a full cycle of operations from logging to advanced wood processing, announces its operating and interim consolidated IFRS financial results in 1H 2021....