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Woodworking

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

In the first half of 2019, investments in the modernization of Sveza in Uralskiy exceeded 1.1 billion rubles

August 14, 2019 ` 18:33  
For the last 6 months at the plant they carried out replacement of the equipment on conveyors of production on giving of raw materials, automated processes on loading of raw materials and packages on plywood production, replaced part...

Kraslesinvest plans to launch a new pellet plant

August 13, 2019 ` 23:48  
In the near future, a new plant of fuel pellets will be launched as part of the Kraslesinvest timber industry complex, the corporate press service reports. In the spring of 2019, a program for the formation of a...

Segezha Group and TransLes have pioneered innovative timber-carrying platform to transport lumber

August 11, 2019 ` 21:58  
In the framework of long-term cooperation of  TransLes LLC and Segezha Group (part of AFK “Sistema”) has successfully sent the first batch of innovative timber-carrying platforms (model 13-6923) lumber production of  Lesosibirsky LDK №1 JSC the purpose of...

Belarus has opened a new woodworking shop for the production of sawn timber up to 700 cubic meters a month

August 10, 2019 ` 23:44  
A significant event occurred in the GLHU “Loevsky leshoz”. Loevsky foresters expect that all costs for the creation woodworking will pay off. The first products of the new shop have already been sold on the stock exchange. Earlier...

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...