Timber industry research & analytics News 
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
Governmental commission approved the sale of a share in Ilim by International Paper
April 10, 2023 ` 11:29
A subcommission of the governmental commission on foreign investment control allowed International Paper (USA) to sell 50% of shares in Ilim SA, a Swiss group, which, in its turn, owns 96.37% of Ilim Group, as reported by Ilim’s... 
Owner of Leroy Merlin will hand over its Russian business to the management team
April 10, 2023 ` 11:26
ADEO (France), owner of the DIY franchise Leroy Merlin, intends to hand over the governance of the Russian company to the local management team, as reported by RBC referencing a company representative. The RBC’s source emphasizes that this... 
Russian plywood output rose in February
April 10, 2023 ` 10:59
According to the data published by the Federal State Statistics Service (Rosstat), the output of Russian plywood grew by 21% in February 2023 compared to the previous month, reaching 245,000 m³. This is the highest monthly output since... 
Russian Timber Journal 03-2023: interview with Pavel Kunin, Commercial Director at Doza-Gran; Russia exports almost no unprocessed timber; list of assignments given by the President of the Russian Federation as a follow-up to a meeting on the development of the Russian timber industry; China plans to increase plywood production capacity in 2023; Association of Furniture and Woodworking Enterprises of Russia suggests increasing the import duty on European furniture to 50%; owner of Leroy Merlin will hand over its Russian business to the management team; Governmental commission approved the sale of a share in Ilim by International Paper; large timber enterprises of the Tomsk Region are suspending production; Russian plywood output rose in February; Segezha Group sold its European assets that produce paper packaging; in 2022, the Russian export of wood and articles of wood dropped by almost one-fourth
April 10, 2023 ` 10:32
Russian Timber Journal 03-2023: Pavel Kunin, Commercial Director at Doza-Gran: “From the financial and time perspective, a wood pellet line is the most lucrative kind of investment associated with recycling sawmilling waste”; in 2022, the volume of roundwood export... 
Kronospan confirms the separation of its business in Russia
April 6, 2023 ` 12:49
Over the past year Kronospan has completed a strategic review of its business activities in Russia and decided to separate out all business activities in Russia to Causa Foundation, according to the press office of the Austrian holding... 
Association of Furniture and Woodworking Enterprises of Russia suggests increasing the import duty on European furniture to 50%
April 5, 2023 ` 15:28
The Ministry of Industry and Trade received a proposal from the Association of Furniture and Woodworking Enterprises of Russia to increase import duties on wooden and cushioned furniture and mattresses from Europe from 8.5-12% to 50%. The increased... 
Segezha Group announces financial and operating results for 2022
April 3, 2023 ` 20:43
Segezha Group announces its consolidated audited IFRS financial results and operating results for the 12 months of 2022. Revenue was up 15% YoY to RUB 106.8 billion, driven mostly by the consolidation of the assets of NLHK and... 
UPM has sold all its business operations in Russia to Gungnir Wooden Products Trading
April 3, 2023 ` 20:34
UPM has completed withdrawal of its businesses from Russia by selling all its Russian operations, including the Chudovo plywood mill, to Gungnir Wooden Products Trading. The parties have agreed not to disclose the details of the transaction. UPM... 
Perm Pulp and Paper Mill: virgin wood fiber can withstand up to eight recycling cycles, and this number can be increased to 12 by stock sizing
March 21, 2023 ` 19:27
Perm Pulp and Paper Mill conducted a study to identify the life cycles of corrugated cardboard. The company’s laboratory proved that corrugated cardboard can be recycled for up to 12 times, whereupon the fiber becomes unfit for use.... 
The first Russian plant producing microcrystalline cellulose is due to open in the Samara Region
March 21, 2023 ` 19:21
The plant will operate in the Tolyatti Special Economic Zone. The building’s frame and outdoor utilities are completed by now, and interior finishing is in progress. 80% of the equipment (mostly made in Russia) has been purchased, and... 
Segezha Group may reorient the Segezha West project to new products
March 21, 2023 ` 19:10
It was reported by TASS referencing an announcement by Oleg Ermolaev, Minister of Economic Development and Industry of Karelia. The Segezha West project in Karelia could be implemented by a different schedule because some specific features of production... 
Problems of big data analytics in the timber trade industry
March 20, 2023 ` 17:49
As the timber trading industry continues to evolve, the importance of data analytics is becoming increasingly clear. Big data analytics has become a valuable tool for companies to optimise their operations, make informed decisions, and stay competitive in... About WhatWood project
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
