Woodworking

The latest Eurostat PRODCOM data reveals that the total value of wood furniture production in the EU27 declined 5% to €32.4 billion in 2020. This performance for the year is significantly better than initially anticipated at the start...

Sveza’s Saint Petersburg production facility has produced the first batch of 8 × 12 feet (2440 × 3660 mm) plywood. This size of plywood is in great demand in the automotive industry as it makes it possible to...

Houses for residents of Byas-Kyuel village in Gorny District that suffered from a forest fire will be built from wood using the MHM (Massiv Holz Mauer) technology, as reported by Aysen Nikolaev, Head of the Region. Head of...

Continuing steady increases following the Labour Day long weekend, for the week of October 1, 2021 the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$540 mfbm ($349/m³). This is up by +$30, or +6%, from the...

In January-August 2021, the value of Russian furniture imports increased by 34.4% YoY to $1.565 billion, as reported by the Federal Customs Service of Russia. In August 2021, imports amounted to $209.9 million (+ 1.1% MoM).

In January-August 2021, the volume of sawn timber exported from Russia reduced by 4.5% YoY and totaled 20.51 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

In January-August 2021, Russia increased its plywood export volume by 13.1% YoY, reaching 2.076 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 58.9%...

Segezha Group will acquire 100% of the share capital of Inter Forest from Bonum Capital Ltd for $515 million. Segezha Group will finance the acquisition with funds from a new issue of RUB-denominated exchange-traded bonds as well as...

Russia is undergoing a boom of country houses construction (specifically, those made of wooden structures) that began in 2020 because of the pandemic and continued in 2021. The Russian house construction market is therefore facing an acute shortage...

Sveza’s facility in St. Petersburg has completed its scheduled preventive equipment maintenance and is now back in operation. The full scope of maintenance — 16 types of activities, affecting almost the entire production process — required 2 weeks...

As the end of September approached, the demand and sales of construction framing dimension softwood lumber commodities improved significantly, enough for prices to rise somewhat. This is an unusual time of year, after Labour Day, for solid wood...

Segezha Group has started commercial activities through its representative office in Singapore, Segezha International Pte. Ltd. The new company sells the entire range of the Group’s products directly to customers in the region: kraft paper, industrial and consumer...