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Woodworking

News on Russian lumber, panel, construction, and biofuel industry.

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an order from Siempelkamp

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an...

WestRock sells South Carolina sawmill to Interfor for $59 million in cash

March 12, 2021 ` 10:50  
British Columbia-based Interfor, one of North America’s largest lumber producers, has bought WestRock’s South Carolina sawmill for $59 million in cash. The sawmill is located 65 miles southwest of Interfor’s existing Georgetown, S.C. mill and 115 miles northeast...

In January 2021, Russian plywood export increased by 2.4%

March 11, 2021 ` 20:38  
In January 2021, Russia increased its plywood export volume by 2.4% YoY, reaching 224,800 m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 21.7% YoY...

EU27 tropical sawnwood imports fall 16%

March 11, 2021 ` 18:11  
In quantity terms, EU27 imports of tropical sawnwood declined 16% to 726,200 m³ in the first eleven months of 2020. Imports fell sharply from all major supply countries; down 18% from Cameroon to 257,700 m³, 13% from Brazil...

Subsidiary of UFP Industries announces agreement to acquire the net operating assets of Spartanburg Forest Products and its affiliates

March 11, 2021 ` 15:30  
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,...

N. American lumber prices at record levels

March 11, 2021 ` 14:04  
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 announces the acquisition of GT Timber

March 4, 2021 ` 19:12  
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...

Segezha ClearPly Hits International Markets on a Large Scale

March 4, 2021 ` 18:35  
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...

Segezha Group launched the first industrial production line for CLT panels in Russia

March 1, 2021 ` 15:07  
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...

Three large investment projects in the forest sector completed in Komi

February 26, 2021 ` 19:24  
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...

IDF expanded the range of soft loans for wood processing projects

February 26, 2021 ` 19:19  
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...

US hardwood plywood imports rose in 2020

February 26, 2021 ` 17:33  
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...