Timber industry research & analytics 
Association of Furniture and Woodworking Enterprises of Russia: furniture production in Russia surged by 33% in 2023, up to 66.7 million pieces
January 22, 2024 ` 22:47
Production of kitchen furniture (tables, cabinets, etc.) soared the most—by 81%. The output increased by 23% YoY in monetary terms, up to 438 billion rubles (it was 356 billion rubles in 2022). Furniture prices in the domestic market...
A value-added wood processing plant for antioxidants and prebiotics extraction will be built in the Amur Region
January 22, 2024 ` 22:44
Ametis-Pharm, a new resident of the Amurskaya Advanced Development Territory, is implementing a project on building a value-added wood processing plant to extract unique natural substances from Dahurian larch — dihydroquercetin and arabinogalactan that have antioxidant and prebiotic...
Komi started producing laminated MDF
January 22, 2024 ` 22:41
A medium-density fiberboard plant in Zheshart, Komi, started producing laminated MDF. This is a new product and a new finishing material for the region as a whole. According to Vladimir Pelevin, Production Site Manager at Zheshart PBL, the...
Segezha Group started shipping laminated beams and CLT from Sokol to China
January 18, 2024 ` 23:27
In December, Segezha Group made the first shipment of laminated beams and CLT to Chinese customers. The train with two containers of laminated beams (105 m³) and two containers of CLT panels (100 m³) has already arrived in...
Particleboard producers are trying to load their laminating facilities as much as possible
January 18, 2024 ` 23:24
As of late December 2023, WhatWood estimates the 2023 particleboard output in Russia (including laminated particleboard) at 7.7 million m³ (+15 YoY). The annual utilization of production facilities was 86% (not counting non-operational facilities) compared to 74% in...
Financial performance of the Russian timber industry began to improve but is still far from the 2021 peaks
January 15, 2024 ` 20:59
Q1 2022 saw the historic high of timber enterprises’ quarterly revenue (740 billion rubles). The financial performance began to deteriorate drastically starting from Q2 2022 as European markets became unavailable. According to an estimate by WhatWood, in 2022,...
Russian Timber Journal 11-2023: Segezha Group’s financial and operating results for Q1-Q3, 2023 and scenarios for 2024; Financial performance of the Russian timber industry began to improve but is still far from the 2021 peaks; Rates of timber harvest decline relative to 2022 are decelerating; Russian plywood production reached 3 million m³ over 11 months of 2023; Construction of a packaging plant worth 19 billion rubles began in the Moscow Region; Ilim Group completed the construction of a pulp-and-cardboard mill
January 15, 2024 ` 10:40
Russian Timber Journal 11-2023: Segezha Group shared its performance over 9 months of 2023, WhatWood quotes the company’s key production and financial performance indicators and presents an adapted management report; According to an estimate by WhatWood, in 2022,...
A large particleboard production site is planned in the Penza Region
December 27, 2023 ` 19:04
RIA-Invest-Group LLC is planning to implement an investment project on building a woodworking plant in the Kuznetsky District of the Penza Region. During the first phase, the company intends to start up a laminated particleboard production line with...
Russian Timber Journal 10-2023: Interview with Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi; Russia’s wood pellet industry: from a rapid growth to challenging times; US housing starts unexpectedly rise to a six-month high; Russian roundwood price growth accelerated in November; A large particleboard production site is planned in the Penza Region; Russian plywood output increased in October 2023; Komi is planning to double its wood pellet consumption due to boiler houses upgrading
December 27, 2023 ` 15:59
Russian Timber Journal 10-2023: Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi: “Conversion from fuel oil and coal to biofuel will have a huge synergy effect”; Russia’s wood pellet industry: from a rapid growth to...
Demand for furniture boards exceeded the supply in October
December 18, 2023 ` 20:26
In October 2023, a regular high furniture season came, which coincided with the relatively high demand for furniture boards that had persevered throughout the summer. However, if the demand matched the supply of boards in summer, now the...
Altailes increased the value of investments in an MDF plant construction project in the Kemerovo Region
December 7, 2023 ` 23:15
Kemerovo Woodworking Plant (part of Altailes) continues implementing a previously announced new MDF production venue with a capacity of 250,000 m³ per year in the Kirovsky District of Kemerovo, as reported by Interfax referencing the regional Ministry of...
Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”
December 7, 2023 ` 17:31
Technonicol is an example of how large Russian companies are trying to diversify their businesses by investing in timber industry assets. In January 2023, the group purchased four woodworking enterprises in different Russian regions for a total of...
