The auction to sell Ugra Timber Holding and Ugra-Plit plant was declared void due to the absence of eligible participants
April 24, 2020 ` 11:23
The auction was attended by only one potential investor: TLD-Expo, a company from Tomsk. However, it was not allowed to participate since the receipt of the deposit to the account within the time specified had not been confirmed....
Sveza may suspend plywood production
April 23, 2020 ` 17:19
During the coronavirus pandemic, Sveza is considering several options for stress testing its plywood business, starting from a 20% cut production to a complete shutdown. Anatoly Frishman, CEO of Sveza, said this in an interview to RBC. In...
In 2019, exports of sawn timber from Russia to China exceeded 20 million m3
April 23, 2020 ` 16:05
Russia continues to increase sawnwood exports. Despite the low prices that persisted throughout 2019 on world markets, Russian sawmills did not reduce sales and did not suspend production. In 2019, the volume of sales of softwood and hardwood...
Pestovsky LPK shipped over 18,000 m3 of sawn timber in February 2020
April 22, 2020 ` 02:22
In February, the plant sawed 46,000 m3 of roundwood, dried 22,000 m3 and sorted over 20,000 m3 of sawn timber. ULK Group is continuing the modernization of Pestovsky LPK. In 2020, it has completed the construction of a...
Russian Forest Industry Review 2019-2020: downward price trends, lower financial indicators, a slowdown in the Russian timber industry, and new ‘black swans’
March 23, 2020 ` 10:40
During the entire year of 2019, prices for forest products were remaining on a downtrend appeared at the end of Q3 2018. ‘Super profits’ received by timber enterprises at peak prices of Q1-Q3 2018 allowed companies to form...
Ilim Timber to revamp the sawmilling site of its branch in Ust-Ilimsk
March 19, 2020 ` 13:40
Ilim Timber signed a contract with AriVislanda, a Swedish manufacturer of sawmill equipment, for the supply of processing equipment to replace frame head rig sawing lines at its sawmilling site in Ust-Ilimsk in the Irkutsk region. The purpose...
France requires public buildings to be at least 50% wood
March 17, 2020 ` 13:00
According to the newspaper Times of London, President Macron has ordered that new public buildings financed by the French state must contain 50% wood or other organic material by 2022 under an ambitious government plan for a greener...
Russian Timber Journal 02-2020: Russia: wood pellet exports grew by 28% and totaled almost 2 million tons in 2019; the Russian Government to consider the creation of a separate forest ministry in Russia; abnormal temperature undermined harvesting enterprises of the Leningrad region; the Ministry of Industry and Trade is agreeing on the ban on government purchases of foreign furniture with other departments
March 16, 2020 ` 15:40
Russian Timber Journal 02-2020: In 2019, wood pellet exports from Russia showed the highest growth pace among all export-oriented forest products; Mikhail Mishustin instructed the Government to consider the creation of a separate forest ministry in Russia; the...
Russia: the strongest decline in exports of logs since 2008 continues
February 22, 2020 ` 13:05
In 2017, the Russian Government introduced quotas and imposed duties on exports of roundwood of Far Eastern species (Government Decrees No. 1521 and No. 1520 dated December 12, 2017). Tariff quotas were introduced for Yezo spruce, Khingan fir,...
The auction to sell Ugra Timber Holding is scheduled for March 20, 2020, the initial price is 3.1 billion rubles
February 21, 2020 ` 13:44
Auction House of the Russian Federation will hold the auction to sell Ugra Timber Holding and its subsidiary Ugra-Plit on March 20, 2020. 100% of the shares of both enterprises are offered as a single lot. 100% of...
Vietnam bans import of Chinese plywood
February 19, 2020 ` 11:31
On the 12th of November 2019 the Vietnamese Minister of Industry and Trade of Vietnam signed and announced Circular No. 22/2019/TT-BCT on Temporary Suspension of border-gate transfer business and temporary import of plywood (HS 44.12) into Vietnam for...
Russian Timber Journal 01-2020: Russia: the strongest decline in exports of logs since 2008 continues; In 2019, exports of sawn timber from Russia to China exceeded 20 million m3; Uranium One Expands Geography of Wood Pellets Sales; Vietnam bans import of Chinese plywood
February 14, 2020 ` 20:06
Russian Timber Journal 01-2020: Primary data on forest products production in 2019 shows a growth in the production of mechanically processed wood products amidst a decline in the pulp and paper industry by almost any measure. Russia continues...