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

Russian Timber Journal 07-2020: small enterprises are mastering OSB production; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime Minister, proposes to combine the powers of forestry and timber industry in one federal body

Russian Timber Journal 07-2020: small enterprises are mastering OSB production, interview with the head of Rozas LLC, an OSB production newcomer; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime...

JAF Group to close raw veneer plant in Braşov, Romania

August 12, 2020 ` 13:19  
Due to the challenging market situation relating to raw veneers, the JAF Group has decided to provisionally discontinue its production of raw veneers at the Group’s J.F.Furnir plant in the Romanian city of Braşov with effect from October....

Russia – the largest supplier of sawnwood to China

August 11, 2020 ` 19:12  
China’s 1H 2020 sawnwood imports totalled 13.83 million m³ valued at US$2.90 billion, a year on year decline of 64% in volume and 66% in value in 1H 2020. Most suppliers saw a sharp fall in sawnwood exports...

Russian plywood exports grew by 4.7% in 1H 2020

August 10, 2020 ` 17:49  
According to the Federal Customs Service of Russia, in 1H 2020, the volume of plywood exports increased by 4.7% YoY to 1.416 million m³. At the same time, in value terms, Russian plywood supplies fell by 3.2% YoY to $ 570.2...

Norbord reports 2Q 2020 earnings

August 10, 2020 ` 12:12  
Norbord Inc. reported Adjusted EBITDA of $84 million for 2Q 2020 compared to $75 million in 1Q 2020 and $36 million in 2Q 2019. The quarter-over-quarter increase was primarily due to lower manufacturing costs, partially offset by lower...

In 1H 2020, Lesozavod 25 increased the volume of sawmilling by 9% to 965,000 m³

August 7, 2020 ` 20:30  
Sawn timber exports increased by 12% YoY to 425,000 m³. Volume of wood pellets production in 1H 2020 increased by 0.9% YoY to 95,000 tons, the volume of production of industrial wood chips increased by 17% YoY to...

Kaamos Timber to establish a new sawmill in Belarus

August 6, 2020 ` 18:06  
The Estonian wood industry company Kaamos Timber entered into a 15 million € loan agreement with the European Bank for Reconstruction and Development (EBRD) whose support will be used to establish a new sawmill owned by the Estonian...

Segezha Group is selling Medvezhyegorsky LPH for 102 million rubles

August 4, 2020 ` 18:52  
Segezha Group put up for sale Medvezhyegorsky LPH — a sawn timber production plant located in Medvezhyegorsk, Karelia).  The holding estimates its asset at 102 million rubles. The total land plot area exceeds 172,000 m², the production capacity...

Japan’s plywood imports from China over 20% lower in May 2020

August 4, 2020 ` 18:26  
Until March 2020 Japan reported a slight increase imports of plywood from the top three shippers, Indonesia, Malaysia and China. Starting in April and so far statistically recognized also in May import volumes trended down. Plywood imports from...

Luzales continues implementation of large-scale investment projects

July 30, 2020 ` 17:33  
The coronavirus situation slowed down some activities but the work at company’s plants never stopped, Valentin Rozhok, Director General at Luzales LLC, reports. “We are continuing construction and startup of new facilities. An area for dry sawn timber...

Mikhail Gavrilov, Vice President at Saint Petersburg Bank, became a majority co-owner of Soyuz Group

July 29, 2020 ` 16:25  
Mikhail Gavrilov owns a 55% share. The remaining 45% belongs to Yulia Bagieva, niece to Anatoly Serdyukov, report several federal-level mass media. Since 2015, Mikhail Gavrilov has owned a share in Karelia Pulp LLC (the largest Russian exporter...

Kastamonu to start producing 34 class laminate flooring

July 28, 2020 ` 14:41  
Kastamonu plans to launch on the market a line of laminate flooring of 34 class of wear resistance, the press service of the company reports. Previously, the manufacturer’s product range was represented by laminate flooring only in the...