Woodworking

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The purchase price for Spartanburg’s property,...

To the astonishment of all, in the week ending Feb. 19, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr climbed +$20, or +2%, to US$1,012 mfbm, from $992 the previous week. Last...

James Jones & Sons Ltd has announced the acquisition of GT Timber Ltd, the holding company of Taylormade Timber Products Ltd and Kerr Timber Products Ltd which operate sawmills at Sherburn Hill, Durham and Annan respectively. The acquisition...

Late 2020 saw Segezha Group, a Sistema company, launch its domestic plywood product Segezha ClearPly across a wide range of international markets. The product’s quality and usability have already been noted by customers in North America, Australia, and...

On 25 February, Mikhail Shamolin, the president of Segezha Group, visited Sokol in Vologda region to oversee the grand launch of the Sokol CLT plant (Segezha Group is a subsidiary of Sistema JSFC). The plant is the first...

Enterprises have invested a total of about 4 billion rubles. When these enterprises reach their full design capacity by 2023, the volume of harvested timber will increase by over 2.3 million m³ per year and the output of...

Within the framework of Leasing Projects program, the Industrial Development Fund has begun to grant loans for the purchase of harvesters and forwarders on finance lease basis at 1% per annum to woodworking enterprises (code No. 16 as...

Despite an 18% drop in December 2020, US imports of hardwood plywood ended 2020 up 6% in volume over the previous year. Imports from China were down 35% in 2020 while imports from Indonesia and Ecuador both increased...

Sawmill 25 (part of Titan Group) increased the output of export sawn timber by 6% YoY to 887,000 m³ in 2020. The output of wood pellets amounted to 193,000 tons in the same year.

The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant. At the Uva location, Uvadrev replaces an existing plant with the new complete particleboard plant made by Siempelkamp, which contains a Generation 9 ContiRoll...

LLC “Unionsped” signed an agreement with the administration of the Lipetsk region. The company is implementing an investment project for the production of timber, joinery and pellets. On a 5 hectares land plot in two stages there will...

The Vyatka Plywood Mill (Segezha Group, AFK Sistema) has been officially admitted to the European Federation of the Parquet Industry (FEP). The FEP’s technical committee has reviewed and approved the specifications for Segezha Ecofloor, one of the products...