Woodworking

The investment project of Hasslacherles LLC formulated as “Modernization of woodworking facilities and organization of production of components for wooden housing construction” obtained the status of a priority investment project of the Russian Federation in the forest sector....

Tilia LLC (the town of Chernushka, Perm region) is going to invest 100.4 million rubles in the organization of value-added processing of birch timber and the creation of furniture board production by 2023. 68.2 million rubles are supposed...

The value of investments in the modernization of Sveza’s plant in Uralsky in Q3 2020 amounted to 230 million rubles. 40 million rubles have been invested in the installation of a new press in the second plywood workshop....

Compared to the price one-year-ago, of US$402 mfbm, last week benchmark softwood timber item Western S-P-F KD 2×4 #2&Btr was selling for US$944 mfbm which is +$542, or +135% more. Unstoppable demand over the Holiday Season pushed prices...

Sveza Group signed a plywood supply agreement with Leroy Merlin, the largest DIY chain in Russia. For the company, this is the first direct contract with a retail client of such format. The volume of deliveries can amount...

In January-October 2020, the exports value of forest industry products totalled in real terms € 8.60 billion. Compared to the same period previous year the exports value decreased by 16% (deflated using wholesale price index). In January-October 2020,...

Ugra Timber Holding will put into operation an LVL beam impregnation line and modernize its boiler house. Investments will amount to 131.9 million rubles, of which 46.17 million rubles can be financed by the Industrial Development Fund (IDF)...

EvrofangruppSibir LLC (EFGS) invests 1.5 billion rubles in the construction of Anzhersk Plywood Mill (in the town of Anzhero-Sudzhensk, Kemerovo region). The start-up is scheduled for the end of 2021, the production capacity will be 60,000 m³ per...

The investment project is being implemented by Lesnoy Soyuz LLC. The enterprise is engaged in timber sawing and planing in the village of Novoslobodsk of the Kaluga region. The Industrial Development Fund (IDF) has approved a loan of...

Metrie, a North American manufacturer and distributor of interior millwork, has announced its acquisition of Pacific MDF Products Inc. and Canadian MDF Products Company, collectively known as Pac Trim, located in Rocklin, Calif., and Edmonton, AB, respectively. Metrie...

Imports of sawn tropical hardwood rose only 2% in October as imports for 2020 continue to lag far below those of 2019, reports ITTO. The 13,491 m³ imported was more than 38% below the volume imported in October of...

Russian retail prices for particleboards began to rise in November 2020. In Moscow, the price for particleboards of the most popular thickness among furniture makers – 16 mm – rose by 40% YoY to 13,578 rub. per m³...