4.4 billion rubles will be invested in plywood factory construction in the Pskov Region
June 1, 2021 ` 00:44
Lesprom is going to invest 4.4 billion rubles in building a plywood factory with a capacity of 60,000 m³ per year. This investment project was approved by the expert panel chaired by Mikhail Vedernikov, Governor of the Pskov...
Karelia DSP paid its salary debts in full
June 1, 2021 ` 00:39
The salary debt at Karelia DSP plant in Pindushi settlement has been paid in full, as reported by Artur Parfenchikov, Head of Karelia, on his VKontakte page. “They are now preparing to upgrade the production site, implementing environmentally...
Sawn timber prices in US rose again in mid-May 2021
May 31, 2021 ` 19:33
In the week ending May 14, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $1,650 mfbm. This is up by +$90, or +5%, from the previous week when it was...
Plans to launch OSB production in Komi
May 28, 2021 ` 21:05
Promtech-Invest is working on a project of building production facilities for OSB production at its site in Kunib village, Sysolsky District. The company also intends to launch production of glued laminated timber and prefabricated elements for house-building. The...
Luzales is planning to open an MDF production site in Komi
May 28, 2021 ` 21:02
According to Valentin Rozhok, Director General at Luzales, this is a new project for the company by all accounts – both by the investment value and by the product; the company has never produced MDF boards before. Whereas...
Segezha Group plans to consolidate 100% of CJSC Novoyeniseiskiy LHK
May 28, 2021 ` 20:59
On May 20, 2021, as a part of the phased consolidation of the assets of CJSC Novoyeniseiskiy LHK , Segezha Group signed an agreement on the acquisition of a minority stake in Tegli Holdings Ltd holding a 100% stake in...
A new plywood production site will be commissioned in the Vologda Region
May 27, 2021 ` 18:55
Bereznik has been building a plywood factory in Sokol industrial park since 2019. It is planned to commission a production site with a capacity of 40,000 m³ of birch plywood per year in early 2022. In 2025, this...
Assets of Russian Laminate are put up for bidding
May 27, 2021 ` 18:52
Bidding on the sale of the particleboard production plant with a capacity of 300,000 m³ per year that belongs to Russian Laminate Group is scheduled for April 20, 2021. The company is located in the Kholm-Zhirkovsky District of...
Glennon Brothers has entered into an agreement with SHV Energy to buy Balcas
May 27, 2021 ` 18:46
Balcas operates a sawmill in Enniskillen, County Fermanagh, Northern Ireland, producing quality sawn timber products for the fencing, landscaping, agricultural, construction, and pallet and packaging sectors. The company also operates two renewable energy plants at Enniskillen and Invergordon,...
The Ministry of Industry and Trade of Russia proposes to allow temporary restrictions on plywood and sawn timber export
May 26, 2021 ` 18:07
The Ministry proposes to add plywood (HS Code 4412) and sawn timber (HS Code 4407) to the list of products that are materially important for the domestic market of the Russian Federation and whose export may be temporary...
Russia increased wood-based panels production in January-April 2021
May 26, 2021 ` 12:52
According to data from the Federal State Statistics Service (Rosstat) in January-April 2021, plywood production in Russia increased by 16.1% YoY to 1.5 mln m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 18.4% YoY to 229...
Russia increased sawn timber production in January-April 2021
May 26, 2021 ` 12:36
According to data from the Federal State Statistics Service (Rosstat) in January-April 2021, Russia increased sawn timber production by 1.9% YoY to 9,7 million m³.