Sveza started producing plywood with craft coating
July 27, 2020 ` 17:50
Sveza started producing craft-coated plywood popular in the USA. The new product called SVEZA Paint Kraft — plywood designed to be painted — will reduce the waste of surface preparation time by 70% and paint consumption, by up...
Setra to invest in new planning mill in Hasselfors, Sweden
July 24, 2020 ` 17:23
Setra is expanding its range of construction timber with a major investment in new planed products. Production will soon begin at the new planing mill in Hasselfors, Sweden. “Wood is the building material of the future and we...
New scarfing line launched at Sokolsky DOK
July 24, 2020 ` 15:53
A new scarfing line designed by Austrian-Slovenian Company Ledinek Engineering has become operational at Sokolsky DOK of Segezha Group (part of PJSC Sistema) in the Vologda region. The line capacity is 25 m³ of laminated products per hour....
WhatWood Timber Industry Analytics Agency has completed the update of the annual review Plywood market in Russia 2019-2020
July 24, 2020 ` 13:10
In June 2020, WhatWood Analytics Agency completed its annual analytic survey Plywood Market in Russia 2019-2020. Here is the summary and key conclusions. In 2019, plywood production in Russia basically remained at the last year’s level of 4...
Metadynea: production in timber industry may drop by 30%
July 23, 2020 ` 15:34
Metadynea is the largest Russian producer of synthetic resins for wood boards. The scope of construction industry, which is one of the biggest consumers of petrochemicals and gas-to-chemicals products, may drop by almost 50% in 2021 and its...
Plitny Mir completed overhaul of process flow 2 for fiberboard production
July 22, 2020 ` 17:39
On June 11, 2020, overhaul of process flow 2 producing fiberboard was completed at the plant owned by Plitny Mir LLC (located in Emva, Komi). In three weeks, a large scope of work was implemented to repair, do...
European Organization of the Sawmill Industry (EOS) anticipates double-digit production losses
July 20, 2020 ` 17:57
The situation of the European sawmill industry was analyzed by its representatives on June 10 during the first online general meeting of the European Organization of the Sawmill Industry (EOS). The effects of the coronavirus pandemic obviously determined...
Holmen acquires Martinsons
July 20, 2020 ` 16:22
Holmen signed an agreement to acquire Martinsons, one of Sweden’s leading players in sawn and processed wood products. The purchase price is SEK 1.0 billion ($110 million) for 100 per cent of the shares. The acquisition will almost...
EBRD will give loans to Belarus timber industry
July 17, 2020 ` 16:31
European Bank for Reconstruction and Development made a decision to support VMG Group’s business in Belarus. VMG Industry FLLC located in Mogilev Special Economic Zone and Swoods Export FLLC from Borisovo will receive loans. Specifically, the company from...
AVA Company assets were purchased by a new investor
July 17, 2020 ` 16:14
100% of the authorized capital of the woodworking plant, AVA Company LLC, which is currently undergoing bankruptcy proceedings, has changed hands, report several regional-level mass media. The former owner, Longoria Finance Corp. (BVI), sold the asset to Profit...
Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019 by final Rosleskhoz data
July 17, 2020 ` 15:28
Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019...
Setra announces its 2020 1H Results
July 13, 2020 ` 18:14
In 1H 2020, sales of the Swedish Setra Group decreased by 7.4% YoY to SEK 2,203 million ($ 239 million). Operating profit fell 49.6% YoY to SEK 59 million ($ 6,4 million). The effects of the COVID-19 virus continue...