Timber industry research & analytics 
Russian Timber Journal 11-2023: Segezha Group’s financial and operating results for Q1-Q3, 2023 and scenarios for 2024; Financial performance of the Russian timber industry began to improve but is still far from the 2021 peaks; Rates of timber harvest decline relative to 2022 are decelerating; Russian plywood production reached 3 million m³ over 11 months of 2023; Construction of a packaging plant worth 19 billion rubles began in the Moscow Region; Ilim Group completed the construction of a pulp-and-cardboard mill
January 15, 2024 ` 10:40
Russian Timber Journal 11-2023: Segezha Group shared its performance over 9 months of 2023, WhatWood quotes the company’s key production and financial performance indicators and presents an adapted management report; According to an estimate by WhatWood, in 2022,...
A large particleboard production site is planned in the Penza Region
December 27, 2023 ` 19:04
RIA-Invest-Group LLC is planning to implement an investment project on building a woodworking plant in the Kuznetsky District of the Penza Region. During the first phase, the company intends to start up a laminated particleboard production line with...
Russian Timber Journal 10-2023: Interview with Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi; Russia’s wood pellet industry: from a rapid growth to challenging times; US housing starts unexpectedly rise to a six-month high; Russian roundwood price growth accelerated in November; A large particleboard production site is planned in the Penza Region; Russian plywood output increased in October 2023; Komi is planning to double its wood pellet consumption due to boiler houses upgrading
December 27, 2023 ` 15:59
Russian Timber Journal 10-2023: Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi: “Conversion from fuel oil and coal to biofuel will have a huge synergy effect”; Russia’s wood pellet industry: from a rapid growth to...
Demand for furniture boards exceeded the supply in October
December 18, 2023 ` 20:26
In October 2023, a regular high furniture season came, which coincided with the relatively high demand for furniture boards that had persevered throughout the summer. However, if the demand matched the supply of boards in summer, now the...
Altailes increased the value of investments in an MDF plant construction project in the Kemerovo Region
December 7, 2023 ` 23:15
Kemerovo Woodworking Plant (part of Altailes) continues implementing a previously announced new MDF production venue with a capacity of 250,000 m³ per year in the Kirovsky District of Kemerovo, as reported by Interfax referencing the regional Ministry of...
Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”
December 7, 2023 ` 17:31
Technonicol is an example of how large Russian companies are trying to diversify their businesses by investing in timber industry assets. In January 2023, the group purchased four woodworking enterprises in different Russian regions for a total of...
Russian furniture output surged
December 5, 2023 ` 19:31
In January—September 2023, the Russian furniture output surged by 27.3% YoY, reaching 46.7 million pieces, as reported by Rossiyskaya Gazeta referencing the Association of Furniture and Woodworking Enterprises of Russia. In September 2023, the furniture output increased by...
Russian Timber Journal 09-2023: Interview with Oleg Fokin, Director for Timber Export at Technonicol; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late 2022, when they reached record highs; Timber products export by trucks to Mongolia and China was allowed for two more years; Segezha Group announces financial and operating results for Q3/2023; Ministry of Industry and Trade suggested cancelling the export duty on pulp and paper products; Russian furniture output surged; Over 9 months of 2023, the Russian roundwood export to EEU countries grew by almost 15%
December 5, 2023 ` 16:51
Russian Timber Journal 09-2023: Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late...
Tomlesdrev is planning to invest 5.5 billion rubles in plywood production in the Omsk Region
December 4, 2023 ` 17:30
Tomlesdrev (Tomsk Region) intends to build two plywood mills in the northern parts of the neighboring Omsk Region. According to Evgeny Kovtun, Director General at Agency for Development and Investment of the Omsk Region, the total value of...
Dmitry Zachko, CEO at Plitwood: “The domestic demand needs to be incentivized. This will increase the sales of high-quality products within the country.”
December 4, 2023 ` 17:23
On September 22, 2023, Plitwood officially launched a plant producing large-sized plywood with a capacity of 180,000 m³ per year in Vokhtoga, a settlement in the Vologda Region. The investment value reached 12.5 billion rubles. The project was...
A woodworking complex worth 8.5 billion rubles will be created in the Krasnoyarsk Region
December 1, 2023 ` 19:25
Bazis LLC presented a priority investment project on creating a new production site that will make OSB, sawn timber, and wood pellets in Lesosibirsk, Krasnoyarsk Region, as reported by the press office of the Russian Forest National Association...
In January-October 2023, sawn timber production in Russia decreased by 5%
December 1, 2023 ` 19:20
The volume of Russian sawn timber production in January-October 2023 decreased by 5% YoY, to 24.3 million m³, according to Rosstat. At the same time, the output of sawn timber in October 2023 increased by 6.6% compared to October...
