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Woodworking

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

In the Far East, an inventory of forests for investment projects is being carried out

August 9, 2019 ` 21:00  
Far East Investment and Export Agency is conducting an analysis of the state of forests and identifying areas for “forest investments” to launch projects for deep processing of wood. As noted by Deputy Director General Maxim Duz, such...

Japan: «The plywood market is undergoing major changes»

August 8, 2019 ` 12:30  
There are major changes taking place in Japan’s plywood importing sector brought on by falling production in Sarawak and to log supply issues in Indonesia, ITTO reports. The volume of May plywood imports dropped a massive 37% year...

The plant for the production of wood waste products will appear in Karelia

August 7, 2019 ` 08:54  
On July 24, 2019, the Ministry of economic development of the Russian Federation entered Laplandiya Trans LLC in the register of residents of the territory of advanced socio-economic development Kostomuksha. The company became the first resident of “Kostomuksha”. ...

The Ministry of economic development approved the application of PC “MDF” LLC for the implementation of the investment project in Sayansk, Irkutsk region

August 6, 2019 ` 11:54  
According to the Deputy Minister of economic development of the Irkutsk region Marina Petrova, the company became a resident of the territories of advanced socio-economic development of Sayansk and plans to implement a project to create a complex...

Sveza increases the supply of plywood for LNG carriers to Korea

August 5, 2019 ` 12:38  
Sveza continues to increase production and sales of SVEZA Gas. It is the plywood intended for production of the insulating panels of the supertankers transporting the liquefied natural gas (LNG). Sveza is currently the only company in Russia...

Sudima together with KGK plan to launch a project to create a timber processing complex in Primorye and Transbaikalia

July 30, 2019 ` 23:57  
The Singapore company Sudima together with the Indian partner KGK plans to launch a project to create a timber processing complex in Primorye and Transbaikalia. According to preliminary calculations, the volume of investments may exceed $200 million. The...

The wood-based materials manufacturer Egger Group recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million

July 27, 2019 ` 23:35  
Egger Group Management is satisfied with the sales of EUR 2,841.5 million achieved in the 2018/2019 financial year (+5.6% compared to the previous year) and the adjusted operating result (EBITDA) of EUR 425.0 million (-4.7% compared to the...

The investment project, the cost of which to 154.5 million rubles, launched in Primorsky Krai

July 26, 2019 ` 21:36  
The woodworking company “Zhunda” started production of OSB and plywood. The project was implemented under the agreement on investment activities in the free port of Vladivostok with Far East Development Fund JSC, 8 jobs were created, the number...

Sawmill 25 CJSC has increased the production volume for sawn timber by 25 % up to 883 thousand m3 for six months of 2019

July 25, 2019 ` 20:22  
In January – June 2019 CJSC “Sawmill 25” (a member of Titan Group) increased the volume of raw timber sawing by 25% up to 883 thousand m³ as compared to the same period of 2018. The production volume...

The government of the Republic of Komi and Mondi have signed a cooperation agreement for three years

July 24, 2019 ` 14:05  
Head of the Republic of Komi Sergey Gaplikov and General Director of Mondi SLPK Klaus Peller signed an agreement on cooperation and organization of relations between the plant and the government of the Republic. The new agreement is...

Belarus invests €21 million in the creation of a new sawmill and pellet production

July 23, 2019 ` 17:13  
Investors plan to complete the project by 2022. This was reported in the economic Department of the Bobruisk City Executive Committee. BR-Wood LLC will implement the project in Bobruisk. 26 real estate objects which are in property of...

Ust-Pokshengsky LPH spent 11 million rubles on a project to modernize logistics

July 22, 2019 ` 23:44  
In June 2019, the logging company, a member of the Titan Group of companies, Ust-Pokshengsky LPH (Pinezhsky district), completed a large-scale project to modernize the logistics system: a section of petroleum products  was put into operation. Investments in the...