Timber industry research & analytics 
Metsä Group’s sales drop in Q1 2020
April 29, 2020 ` 16:45
According to the official website of the Metsa Group, in the first quarter of 2020, sales amounted to EUR 1.253 billion, which is 12.9% less than a year earlier. Operating profit for the reporting period decreased by 66.7%...
Runko Group doubled the output of firewood and wood briquettes in 2019
April 29, 2020 ` 11:08
In monetary terms, its total production output reached 667 million rubles. In particular, the company produced 2,450 tons of wood briquettes worth 13.8 million rubles and 12,500 m3 of firewood (worth 52 million rubles). The output of sawn...
Russian Forest Industry during the pandemic
April 28, 2020 ` 17:32
The Russian timber industry slowed down in 2019, but not as much as it could have decelerated in such circumstances. However, export earnings of the Russian timber industry in 2019 decreased by 8.36% totaling $12.27 billion. The output...
Kronospan may purchase assets of Russian Laminate
April 28, 2020 ` 12:36
Russian Laminate owns two particleboard production sites in Smolensk and Moscow regions with a total capacity of 480,000 m3 per year. Its MDF production equipment with a capacity of 400,000 m3 per year at the production site of...
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...
