A new veneer surfacing-and-jointing line put into operation at Sveza’s mill in St. Petersburg
June 17, 2021 ` 16:44
The value of investments in the project amounted to about 50 million rubles. The new line is capable of “sewing” up to 10,000 m³ of veneer per year, which will increase the annual output of large-sized plywood. The...
Segezha Group to increase the capacity of Vyatsky Plywood Mill by a third
June 17, 2021 ` 16:37
As the Kommersant newspaper reports, Segezha Group is going to invest 6 billion rubles to increase the production capacity of its plant in Kirov to 255,000 m³ of plywood per year. The production site is scheduled to be...
Government of the Tver region to allocate 189 million rubles from the regional public funds to support investment projects in the field of value-added wood processing
June 16, 2021 ` 18:47
The funds are intended to facilitate the development of the timber industry in the region. Starting from 2021, timber enterprises will be provided with soft loans for the purchase of industrial and harvesting equipment and the construction of...
Korol Divanov LLC to start producing plywood and particleboard in the Kirov region
June 16, 2021 ` 18:38
The Russian manufacturer of upholstered furniture is ready to start construction of the production facility at the end of 2021. The investments will amount to over 500 million rubles. It is estimated that the tax revenues will exceed...
Sveza Mill in Sverdlovsk region to invest RUB 100 million in reconstruction of raw material heating system
June 16, 2021 ` 14:11
Sveza Mill in Verkhnyaya Sinyachikha, Sverdlovsk region, has started an investment project related to reconstruction of raw material heating ponds. The reconstruction program covers fourteen ponds of a production site and is divided into four stages and is...
Terneyles to invest 1.7 billion rubles to upgrade its dry sawn timber production facilities
June 15, 2021 ` 18:36
In March 2021, the company signed a contract for the supply and installation of three drying tunnels with a capacity of 300,000 m³ of dry sawn timber per year. It is also planned to supply three lines of...
US lumber prices fell sharply
June 15, 2021 ` 18:08
After some waffling by suppliers, sharply decreased sales volumes, and strong push-back from customers, this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June 11,...
Russian Timber Journal 05-2021: Interview with Vadim Vodolazko, General Director of Schmidt & Olofson; The European Commission introduces temporary anti-dumping measures against the import of birch plywood from Russia; Russian Government introduces duties on the export of timber with a moisture content of over 22%; Smurfit Kappa to invest over 1 billion rubles to expand its production in the Leningrad region; Segezha Group and the Republic of Karelia confirm intention to construct a pulp and paper industrial complex
June 14, 2021 ` 21:06
Russian Timber Journal 05-2021: Vadim Vodolazko, General Director of Schmidt & Olofson: “According to our estimates, 10-15% of harvested timber is lost en route from the forest log depot to the mill log yard”; information on preliminary anti-dumping duties...
Russia reduced its export of sawn timber by 5.2% in January-April 2021
June 10, 2021 ` 16:33
In January-April 2021, the volume of sawn timber exported from Russia reduced by 5.2% YoY and totaled 6.8 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...
In January-April 2021, Russian plywood export increased by 9.9%
June 10, 2021 ` 15:22
In January-April 2021, Russia increased its plywood export volume by 9.9% YoY, reaching 1.062 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 26.4%...
Mayr-Melnhof Holz invests in CLT production in Austria
June 8, 2021 ` 17:06
Mayr-Melnhof Holz is investing €150 million in its plant in Leoben and wants to create an additional 50 jobs there. The plan is for the new cross-laminated timber plant to go into full operation in just under two...
Plyterra commissioned the second plywood production line in Mordovia
June 1, 2021 ` 19:48
Artem Zdunov, Acting Head of Mordovia, participated in commissioning a new automatic veneer drying and sorting line. The investment value was 2.25 billion rubles; 999 million of these are loans at 1% per annum from the Industrial Development...