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Woodworking

News on Russian lumber, panel, construction, and biofuel industry.

Bashkortostan is opening a new plywood production site

July 27, 2021 ` 23:22  
Bashkirskiy Les (part of GazResurs Group) is planning to build a new plywood mill with 6,000 m³ annual capacity in the Uchalinsky District. The investment project is going to cost 235 million rubles. 130 new jobs will be...

Murom CJSC officially launched OSB production in the Vladimir Region

July 27, 2021 ` 23:11  
Murom started implementing its large investment project in 2018. The total investment value reached 7 billion rubles; the design capacity is 230,000 m³ of product per year. OSB production began at the company as early as in November...

US lumber prices continue to plummet

July 27, 2021 ` 13:42  
According to Madison’s Lumber Reporter, in the week ending july 16, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $555 ($359/m³), reaching the minimum value since the beginning of the...

Segezha Group begins upgrade of Onega LDK plant in Arkhangelsk region

July 27, 2021 ` 10:23  
Segezha Group has begun a full upgrade of equipment at Onega LDK, the Company’s wood-processing asset in Arkhangelsk region. The project will be completed over a period of 2.5 years and will receive investment totaling more than RUB...

A plant in Udmurtia will invest 129.9 million rubles in increasing plywood output

July 26, 2021 ` 14:42  
Industrial Development Fund approved a loan of 129.9 million rubles for Orion LLC. The company is going to purchase new equipment and expand its operating plywood and curved parts production under “Leasing” program. The enterprise capacity is going...

Segezha Group continues the modernization of the Karelian Wood Company, a logging and wood processing enterprise

July 26, 2021 ` 12:14  
More than RUB 100 million has already been invested in the plant’s modernisation. Moving forward, the company plans to expand its production capacity and secure further investments to the tune of RUB 350 million. The details of the...

Russia increased sawn timber production in 1H 2021

July 23, 2021 ` 15:53  
According to data from the Federal State Statistics Service (Rosstat) in 1H 2021, Russia increased sawn timber production by 2.7% YoY to 14.8 million m³.

Russia substantially increased wood-based panels production in 1H 2021

July 23, 2021 ` 14:06  
According to data from the Federal State Statistics Service (Rosstat) in 1H 2021, plywood production in Russia increased by 15.4% YoY to 2.3 mln m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 25.7% YoY to 355...

Prices for Russian wood-based panels continue to grow rapidly in June 2021

July 20, 2021 ` 21:21  
In June 2021, prices for wood-based panels continued growing in the Russian market of construction materials. According to “Market of Wood-Based Panels in Russia” review, OSB made by Kronospan became 58% more expensive in retail compared to last...

European Commission approves the introduction of preliminary anti-dumping duties on birch plywood from Russia

July 20, 2021 ` 21:14  
The European Commission approved for 6 months the introduction of preliminary anti-dumping duties on birch plywood from Russia. Individual duties are set for four Russian manufacturers: 15.7% for Vyatsky FC (part of the Segezha Group) and the Russian...

Russia reduced its export of sawn timber by 3.9% in January-May 2021

July 13, 2021 ` 08:29  
In January-May 2021, the volume of sawn timber exported from Russia reduced by 3.9% YoY and totaled 8.78 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...