Woodworking

The players of the domestic PB market in 2019 faced the somewhat sluggish demand for products in the domestic market. Money income of the population did not help to support the demand for furniture. For four years, starting...

Russian OSB market is quite young. The first imported products appeared in the late 1990s. In the period from 1997 to 2014 OSB demand has doubled annually (largely due to the low base effect). Until 2012 there was...

This transaction is aimed at enhancing the market positions of the largest wood processing enterprises from the Vologda Region by increasing board products output volumes and expanding the companies’ product range by producing MDF boards. Sheksna Wood Board...

Sberbank confirms financing of the construction of an export-oriented birch plywood plant LLC Plitwood in the Vologda Region which is the joint venture by SC “Company group “Vologodskiye lesopromyshlenniki” and JSC Cherepovets Plywood and Furniture Plant. Financing for...

The volume of MDF/HDF, fiberboard (all types of panels) production reached 3.7 million m³ (+ 6% vs 2018). Excluding from the calculations the mature segment of the wet fiberboard, the volume of MDF / HDF production, dry fiberboard...

The plant will be built in the Krasnoufimsk Municipal District within two years. The enterprise is supposed to process 100,000 m³ of veneer logs per year. The Sverdlovsk Region, the Perm Region and Bashkiria are going to be...

In 2019 plywood production in Russia did not change significantly compared to 2018 and was at the level of 4 million m³. Softwood plywood is produced by two factories located in Siberia – Ilim Timber in Bratsk and...

At a meeting on forest industry development and decriminalization, Russian President Vladimir Putin gave an instruction to launch subsidized loans for small and medium-size businesses starting from 2021, so that they could re-equip production sites and create value-added...

The plant is implementing several projects at once within an investment program. The value of investment in upgrading production capacities and improving work conditions will exceed 50 million rubles in Q3 2020. A new German-made drum chipper has...

Russian Timber Journal 09-2020: Vladimir Putin gave a directive to introduce a ban on exporting unprocessed or roughly processed timber products from Russian as of January 1, 2022, how this decision will impact the Russian timber industry; the Government of...

In September 2020, a record breaking greenfield investment in Lithuania has been presented in Akmenė – “Vakarų medienos grupė” officially opened one of the largest particle board factories in Europe, with the investment reaching a total of EUR...

Based on the results of 2018, the combined revenue of the Top 100 timber enterprises skyrocketed to the highest level in Russia’s contemporary history. The main reasons were high prices for timber products in global markets that sustained...