Sveza Verhnaya Sinyachiha is upgrading production capacities
October 26, 2020 ` 19:19
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: how a ban on exports of softwood and hardwood logs and precious hardwood will impact the Russian timber industry; the Government of the Russian Federation is adopting measures to encourage wood processing; interview with Alexey Ryzhikov, Saint Petersburg International Mercantile Exchange (SPIMEX) CEO; EU to launch anti-dumping procedure for birch plywood imports from Russia
October 23, 2020 ` 17:31
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...
VMG opened one of the largest particle board factories in Europe
October 21, 2020 ` 18:04
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...
Top 100 Russian timber industry companies by revenue and share
October 20, 2020 ` 18:43
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...
Raute receives EUR 55 million order in Russia
October 20, 2020 ` 16:24
Raute Corporation has received orders worth approximately EUR 55 million from Russia’s LLC Plitwood. The scope of orders includes all machinery and equipment for the production process of an entire plywood mill and also services related to the...
Russian Timber Journal 08-2020: Ranking of Top 100 Russian timber industry companies in 2019: slowing down as global economy growth decelerates; interview with Management at Metadynea – Russia’s largest synthetic resins producer; the Russian wood-based panel sector is trying to recover from the recession of the coronavirus crisis
September 25, 2020 ` 18:27
Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over...
Chinese imports of logs drop sharply in 1H 2020
September 10, 2020 ` 12:22
China’s log imports fell sharply in 1H 2020 to 24.51 million m³ valued at US$3.558 billion, down 60% in volume and 62% in value from the same period of 2019. Of total log imports, softwood log imports fell 61%...
Stora Enso invests in a new CLT production line in Czech Republic
September 10, 2020 ` 11:20
Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT) at its Ždírec sawmill in the Czech Republic. Production is scheduled to begin during the third quarter of...
Stunning Vietnamese wood product exports in 1H 2020
September 8, 2020 ` 18:18
According to Vietnam Customs, at the end of June 2020, wood and wood product (W&WP) export revenues amounted to US$4.903 billion, 4% up compared to the same period of 2019 and 22% higher than in May. The W&WP...
North American softwood timber prices continue to climb, demand tempers
September 7, 2020 ` 18:00
The latest U.S. and Canadian home building, sales, and prices data has shown remarkable — indeed record-breaking — activity, with absolutely no signs of slowing down. In fact, the business of real estate across North America can truthfully...
Switzerland is working on a new timber trade regulation
September 4, 2020 ` 11:07
Since the Swiss obligation to declare wood and wood products, which has been in force since 2012, follows a completely different approach than the EU Timber Trade Regulation (EUTR) that came into force in 2013, a Swiss Wood...
Region-Les started the construction of a wood pellet workshop, the next step is the construction of a sawmill
September 4, 2020 ` 12:51
Region-Les has started the construction of a wood pellet workshop, its design production capacity is 80,000 tons per year. Production start-up is scheduled for November 2020. The next phases provide for the creation of a sawmill with a...
Timber industry research & analytics 