Alexander Shangin has been appointed CEO of VLP Group
March 18, 2024 ` 19:30
He previously held this office from January 2022 through January 2023.
Sveza completed the Novator +52 project
March 18, 2024 ` 19:23
The upgraded production venue will make it possible to increase the annual plywood output at this plant to 200,000 m³. The investment value was 6.5 billion rubles.
Sveza will invest 600 million rubles in its plants in the Kostroma Region
March 18, 2024 ` 19:20
In 2024, Sveza is planning to invest over 600 million rubles in its two plants in the Kostroma Region, which is three times more than its 2023 investments. As reported by the company’s press office, the money will...
Russian plywood production increased by one-fourth in January 2024
March 15, 2024 ` 19:45
According to the Federal State Statistics Service (Rosstat), the Russian plywood production surged by 25% YoY in January 2024, up to 254,000 m³. Such a high growth rate was caused by extremely poor performance in January 2023 (203,000...
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported timber grew by 12.9% in 2023; VLP Group may purchase Metsä’s timber assets in Russia; Ufa Plywood Mill is listed for sale for 1 billion rubles; In 2023, timber transportation by the Russian Railways network reduced by 9.1%, down to 37.1 million t; As of January 1, 2024, the VAT rate for children’s furniture is reduced from 20% to 10%; Saint Petersburg R&D Institute levied 1.3 billion rubles from IKEA after it refused to build the Mega Shopping Mall
February 20, 2024 ` 19:12
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported...
Russ Taylor: In 2024, it will definitely be a buyer’s market in China
February 21, 2024 ` 19:47
Although Russia’s share of international sawn timber trade does not exceed 16%, Russian products remain an important part of the global market, despite isolated European markets. For Russian sawmills, the focus of international trade is now on the...
Ufa Plywood Mill is listed for sale for 1 billion rubles
February 8, 2024 ` 17:21
The property portfolio of Ufa Plywood Mill LLC (a subsidiary of Bashkirskaya Timber Company) in Bashkortostan was put up for bidding because of bankruptcy. The initial value of the lot that includes almost 1,700 items exceeds 1 billion...
Rosleskhoz: the volume of transported timber grew by 12.9% in 2023
February 8, 2024 ` 16:57
In 2023, the total volume of timber transported in Russia increased by 12.9% YoY, reaching 355.7 million m³, as reported by the Federal Forestry Agency (Rosleskhoz). Over 7.6 million electronic accompanying documents for timber transportation were created in...
Rosleskhoz approved 27 investment projects on timber industry development in 2023
February 8, 2024 ` 16:53
In 2023, The Federal Forestry Agency (Rosleskhoz) approved 27 investment projects on timber industry development (reviewing 15 new applications and endorsing amendments in 12 more projects). These investment projects are aimed at creating new timber processing facilities and...
A sawn timber production project by Kizirlesprom worth over 3 billion rubles was recognized as a priority project
February 7, 2024 ` 15:27
In March 2023, Yenisey Siberia Development Corporation announced the launch of a major investment project on sawn timber production in the south of the Krasnoyarsk Region. In January 2024, the Ministry of Industry and Trade included this project...
VLP Group may purchase Metsä’s timber assets in Russia
February 7, 2024 ` 15:20
Novy Prospect reports that negotiations are ongoing with several potential buyers of enterprises that used to be part of Metsä Group (Finland), referencing the Natural Resources Committee of the Leningrad Region. This information was confirmed by Oleg Malashchenko,...
Russian producers continue to report consistently high MDF/HDF sales
January 23, 2024 ` 19:26
As of late December 2023, WhatWood estimates the Russian output of MDF/HDF and fiberboard in 2023 at 3.8 million m³ (+7% YoY), as reported in the monthly price review Market of Wood-Based Panels in Russia. This performance will...