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

Russian Timber Journal 05-2020: how the current decline in exports of timber products caused by COVID-19 is similar to the situation of the 2008-2009 crisis; the Russian Government granted a six-month deferral to priority investment projects in the forest sector; DNS Les started producing OSB in Primorsky region

Russian Timber Journal 05-2020: comparing the 2008-2009 crisis with the current decline of forest products exports during the pandemic; in the Russian Far East was opened the first OSB production; the Russian government has granted a six-month deferment to...

Russia: logs and woodworking products exports have been declining for two quarters

June 15, 2020 ` 10:12  
Two quarters in a row there is a decrease in Russian logs and woodworking products exports. In 4Q 2019, the decline was 6% YoY, and in 1Q 2020 was -7% YoY. It’s forecasted, 2Q 2020 is also disappointing...

Tomsklesprom Xudong LLC (China) will launch a plywood plant based on the Asinovsky LPK by the end of 2020

June 11, 2020 ` 15:40  
LLC Tomsklesprom Syudun was registered on May 28 in Asino. The founders were Xudong LLC (51%) and Henda-Sibir LLC (49%). Henda-Siberia LLC is registered in the Teguldetsky district of the Tomsk region and is engaged in logging. The...

Segezha Group announces IFRS results for Q1 2020

June 10, 2020 ` 17:41  
The Company’s revenue dropped by 1.1% to RUB 14.3bn. OIBDA in Q1 2020 is down 33.6% YoY to RUB 2.6bn. The key factor that had a negative impact on the Group’s financial results is the decrease in paper...

In January-April 2020, Onega LDK (part of Segezha Group) increased the sawn timber export by 30%

June 3, 2020 ` 14:57  
In January-April 2020, Onega LDK increased the sawn timber production by 3.1% yoy to 79,344 m³, exports for the same period increased by almost 30% to 51,360 m³, Segezha Group reports. The plant ships sawn timber to containers...

DNS Les launched the OSB production In the Primorsk region

June 3, 2020 ` 09:41  
June 2, 2020, DNS Les launched OSB production in Spassk-Dalniy, the design capacity of the plant is 60,000 m³/year. Investments for the implementation of the project amounted to 1.38 billion rubles. The Governor of Primorsk region Oleg Kozhemyako took...

Europe’s parquet markets are already feeling the effects of coronavirus

May 28, 2020 ` 18:02  
On April 2, 2020, the board of the European Federation of the Parquet Industry (FEP) discussed the effects of the coronavirus crisis on the European markets. These generally started well in 2020 and showed stable to slightly positive...

RosPlit LLC (Samara region) put up for auction

May 28, 2020 ` 17:42  
RosPlit LLC (until 2009 Samara Laminate) is part of the Versivo group and specializes in the production of plate materials for furniture and construction – particleboard, fiberboard, chipboard / LMF. Co-owners of the enterprise in equal shares are...

In 1Q 2020 Russian sawn timber exports to China decreased by 15%

May 27, 2020 ` 18:05  
The volume exports of Russian sawn timber to China in 1Q 2020 decreased by 15% QOQ to 3.9 million m³. The decrease in consumption in the Chinese market due to the restrictions introduced, against the backdrop of the...

The furniture and wood-based panels sectors are one of the most affected of the Russian timber industry during the COVID-19 period

May 25, 2020 ` 16:38  
It appears that the most affected sectors of the timber industry remain to be the production of furniture and wood-based panels. Diminution in demand for furniture, interior design items, and finishes is forcing Russian producers of particleboards, MDF,...

In Q1 2020 “Lesosibirsky LDK No. 1” (part of the Segezha Group) produced 136,800 m3 of sawn timber

May 22, 2020 ` 17:47  
This was a record for the last five years. Sawmill increased production by 135% from 1Q 2015 (57,900 thousand m3). 1Q 2020, the company delivered 235,400 m3 of raw materials (+ 43% yoy) to the plant through the...

Structure of investment in the Russian forest-industry sector in 2019

May 22, 2020 ` 17:24  
Starting from 2017, investments in the logging industry have been declining for the third year in a row. In 2019, the decline was 12% (yoy). up to 13.47 billion rubles. If in the year of 2018 logging companies...