Woodworking

The investment project that includes creating comprehensive value-added wood processing, from timber harvesting to finished product, will be implemented by Evrosibdom LLC in Vinzili village, Tyumen Region. The planned investment value is currently 980 million rubles. At least...

GlobalPanels is a Mexican forest products trading company. WhatWood agency spoke to Ruben Colin, CEO of GlobalPanels, to learn about the main trends in the global forest industry markets, the impact of Covid-19, the specifics of working with...

Still pushing up at an unusual time of year, for the week of October 8, 2021 the price of Western S-P-F 2×4 #2&Btr KD (RL) was $580 mfbm, according to Madison’s Lumber Reporter. This is up by +$40, or...

The launch of a new automatic line will reduce the proportion of manual labor by 50% and increase the production efficiency. Investments in the project amounted to about 70 million rubles. Тhe key component of the new sorting...

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...