Woodworking

Pulp Mill Holding intends to invest more than 160 billion rubles in the modernization of its Russian production facilities. The priority of the strategic agenda of the holding activity will be a new large-scale investment project – construction...

In 1H 2021, Russia increased its plywood export volume by 12.9% YoY, reaching 1.587 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 40.7%...

In 1H 2021, the volume of sawn timber exported from Russia reduced by 0.3% YoY and totaled 15.413 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

Forpostles is planning to purchase new drying kilns to reduce sawn timber moisture content to 12-15% with the subsidized loan, in order to export its products in the future. The upgrading is going to cost approximately 40 million...

The new owner invested 1 billion rubles in repurposing the plant for birch plywood (exterior grade plywood) production. Plywood lamination line and RUF fuel briquettes production was also started up. Prior to the reconstruction that finished in 2018,...

Finscan is an automatic sawn timber sorting system using Buzzard – an artificial intelligence-based application. Besides identifying wood defects, the system is capable of identifying knots and rot with high precision, improving the quality and output of produced...

Based on April 2021 performance, OSB export from Russia to the USA reached unprecedented volumes – 9,568 m³ by volume and $4.53 million by value. As a result, the US share in the export structure of Russian OSB...

Osko-Invest launched edged boards production in Spasovshchina village in the Pskov region within the first stage. The investment value was 1.5 billion rubles, about 150 jobs were created. The plant had been previously working in a test run...

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 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...

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 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...