Woodworking

SCA Wood Supply UK Ltd, which is engaged in the manufacture and distribution of timber and associated products for the Home Improvement and Builders Merchant sector in the United Kingdom, has been divested to BSW Timber Ltd. SCA...

The revenue of Russian timber products manufacturer Segezha Group showed a year-on-year increase of 38% as of the end of September 2020, according to the company, which is part of Russian conglomerate Sistema. Segezha had a revenue of...

US’ hardwood timber giant Northwest Hardwoods has filed for Chapter 11 bankruptcy on November 23rd, saying difficulties from trade disputes with China and the weak markets impacted by COVID-19 pandemic had stunted its ability to service more than $420...

The U.S. Department of Commerce reduced its penalties against imports of Canadian timber, primarily from B.C. producers, in the softwood timber dispute. An administrative review of countervailing and anti-dumping duties reduced the tariffs to an average of 9%...

The new production began at Sokol CLT plant, where the first pilot CLT panel 3 by 6 m was produced. The plant equipment is capable of producing CLT panels up to 16 m long, 3.5 m wide and...

Upon signing a settlement between the plant owner, Lesprominvest and Regional Retail Company, production capacities were re-connected to electrical energy. Owners of Karelia DSP paid the first 1.5 million rubles out of 27 million rubles of debt to...

Kronospan intends to implement its second investment project on building a plant producing bases for wood-based panels from ready-made pulp by Ultra Decor Rus in the territory of Kaluga Special Economic Zone (SEZ). The respective agreement was signed...

Sveza Tyumen (previously Tyumen Plywood Plant, part of Sveza Group) reduced plywood production by 6% YoY in January – September 2020, down to 59,500 m³. Whereas the plant increased product sales by 2% YoY, reaching 59,800 m³ over...

Lesnoy Ural Lobva commissioned the second phase of value-added wood processing area. The company launched a continuous flow sawmilling shop with the capacity of up to 180 m³ of square edged timber per shift, a plant producing wood...

In October 2020, Vokhtogalesdrev (Vokhtoga village, Vologda Region) produced 1.2 million m² of laminated particleboard – this is record performance for the company. It is owned by Group Vologodskiye Lesopromyshlenniki and Cherepovets Plywood and Furniture Plant.

This possibility was discussed by Alexander Drozdenko, Governor of the Leningrad Region, and Alexey Mordashov, Chairman of the Board of Directors at Sveza. Sveza is currently selecting the project and the Russian region where the new production venue...

The Russian bank is going to fund construction of an export-oriented plant producing birch plywood in the Vologda Region at the premises of a joint venture of Plitwood created by Group Vologodskiye Lesopromyshlenniki and Cherepovets Plywood and Furniture...