Woodworking

AFK Sistema holds negotiations with VTB bank to acquire Investlesprom holding, one of the largest Russian forest industry companies, as RBK St. Petersburg agency said quoting major Sistema’s shareholder Vladimir Evtushenkov. He said the value of the deal...

Today’s infographics is dedicated to the market of imported softwood lumber in Japan: major commodity streams and price dynamics are presented. You can learn more on Japanese lumber import volumes and prices for planed and non-planed lumber of...

The official opening ceremony of a new sawmilling complex at Lesosibirsk LDK-1 (Krasnoyarsk region) is scheduled for 20 June. Annual raw wood consumption at the mill will grow to Russia’s record 1.5 million m3. Until recently, the mill...

Lesnoy Mir OJSC is going to build large woodworking mill in Kaliningrad region, as Vedomosti business paper reported. The project of constructing the mill, as well as customs & logistics terminal and warehouses, was presented on 7 June...

Biofuel boilers maker, Kovrovskie Kotly company based in Vladimir region, has concluded development & supply contract with SalimCarbEco Green Technology Pte Ltd. (Singapore) to deliver biofuel-powered mini-CHP with capacity of 6000 kWt. Electric energy will be generated with...

Active Energy Group plc (AEG, United Kingdom) has entered into a conditional agreement to acquire the entire issued share capital of Nikofeso Holdings, a Cypriot-registered trading and holding company with its principal subsidiary company, Nikwood, which specialises in...

AS Hekotek company will build a wood pellet production facility at RusForest’s LDK-3 sawmill in Arkhangelsk. The Swedish company has completed a review of its Arkhangelsk assets and has identified the region as a core focus. Following the...

In this new visual graphics, export market for wood chips made in Russia is presented: major consuming countries and average statistic export prices in 2012, as well as price fluctuations for Russian wood chips in Finland in 2012-2013....

RusForest, a Swedish forestry company with operations in Russia, released its first quarter 2013 interim report. Revenue increased by 43% to SEK 156.9 million (€18.26 million), net profit after the bond restructuring amounted to SEK 188.1 million (€21.89...

Irkutsk region governor Sergei Yeroschenko visited Igirma sawmill on May 27 where priority investment project is being implemented. According to deputy CEO of the mill Viktor Mukorez, in 2013 Igirma mill is to reach full capacity. The company...

At the website of the Russian Government, the Decree #419 as of May 15, 2013 is published. In accordance with the decree, the list of equipment which has no analogues produced in Russia and is therefore not subject...

Swedish company RusForest operating in Russia has closed the sale of Shenkursk sawmill in Arkhangelsk region for $1 million. The sawmill has an annual capacity of 80,000 cubic metres of sawnwood, but it has no forestry leases nearby...