China significantly increased supplies of Russian plywood in Q1 2024
June 21, 2024 ` 18:53
According to China Customs, in Q1 2024 plywood imports totalled 86,550 m³, up 109% over the same period of 2023. Russia was the largest supplier of China’s plywood imports in Q1 2024. China’s plywood imports from Russia rose...
Zheshart PBL commissioned a new veneer peeling line
June 18, 2024 ` 17:34
With the new equipment, the company intends to increase the production volume of lengthwise rotary-cut veneer and subsequently ramp up the output of lengthwise 8×4 size plywood, Proderevo reports. Some of the investment was provided as a loan from...
After a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April
June 18, 2024 ` 17:28
According to a quick-look estimate by the Federal State Statistics Service (Rosstat), the Russian plywood production reached 303,000 m³ in April 2024 (+7.3% YoY, -6.2% MoM). In January–April 2024, the plywood production in Russia grew by 14.5% YoY,...
Birch veneer export from the Vologda Region surged by almost one third
June 17, 2024 ` 18:12
Since the beginning of 2024, producers of birch veneer from the Vologda Region increased the export of this product by 24% YoY, up to 10,100 m³, as reported by the press office of the North Western Inter-Regional Administration...
Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third
June 17, 2024 ` 16:40
Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...
An MDF production plant will open in the Moscow Region
May 21, 2024 ` 18:33
Ultradecor LLC continues the construction of an MDF production plant with a capacity of 350,000 m³ per year in Elektrogorsk, as reported by the Main Administration of the State Construction Supervision of the Moscow Region. The construction of...
Russian Timber Journal 03-2024: Interview with Evgeny Peshin, Head of Neoparma LLC; a shortage of high-quality raw material for plywood may emerge in the Russian market; Segezha Group published its financial and operational performance results for Q4 2023; International Paper acquires DS Smith for $7.2 billion; Russian timber harvest reached 188 million m³ in 2023; built-in furniture may be included in the mortgage amount; in 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t; in 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
May 2, 2024 ` 15:49
Russian Timber Journal 03-2024: Evgeny Peshin, Head of Neoparma LLC: “Our line is designed for small and medium companies, and this category of entrepreneurs has no access to investment funds”; a shortage of high-quality raw material for plywood may emerge...
In 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
April 18, 2024 ` 18:59
The value of investments in the Russian timber industry reduced by 4.8% in 2023 compared to the record-setting performance of 2022; it amounted to 188.8 billion rubles, which is comparable to the 2021 level, according to Roslesinforg. Over...
Japan imposes a ban on exports of woodworking equipment to Russia
April 16, 2024 ` 15:36
Japan has imposed additional sanctions on Russia, prohibiting the export of 164 types of goods, according to the Ministry of Economy. The list includes woodworking equipment.
Furniture producers from the Kaliningrad Region are requesting to impose a bankruptcy moratorium
March 26, 2024 ` 17:09
The Association of Kaliningrad Furniture Producers filed a request to Anton Alikhanov, Governor of the Kaliningrad Region, to impose a region-wide 1-year moratorium on initiating bankruptcy cases in relation to debtors from the furniture industry. Industry representatives note...
WhatWood: Positive trends of improving prospects for Russian sawn timber exporters emerge in the Chinese market
March 26, 2024 ` 16:58
Firstly, the stock of imported sawn timber in China’s major sea ports has been continuously declining for 6 consecutive months. Secondly, industry sources in the port of Taicang report that in January 2024, the daily sales of sawn...
90% of Russian sawn timber is sold in two markets—the domestic and the Chinese
March 19, 2024 ` 19:36
Nowadays, Russia is probably a unique case in the global market of sawn timber. Russian Sawn Timber Market, a monthly price review by WhatWood, reports that, on the one hand, the country is separated from the cash-flush European...