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.
Stora Enso divests its sawmills and forest operations in Russia
April 26, 2022 ` 16:04
Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through... WhatWood announces publication of an annual analytic review “OSB Market in Russia in 2021 – 2022”
April 25, 2022 ` 18:19
The Russian OSB market can still be called a developing one. This year marks the 10th anniversary of the emergence of domestic OSB production in Russia. Until 2012, when private Russian investors decided to create small production venues... Government of the Russian Federation allowed a deferral of payments to companies implementing priority investment projects in the timber industry
April 20, 2022 ` 17:57
As a government support measure, timber enterprises implementing priority investment projects in the forest sector are allowed to delay fulfillment of their investors’ obligations. As per Decree No. 492 dated March 28, 2022, the Government of the Russian... The USA has developed a draft bill prohibiting the import of Russian and Belorussian timber products
April 20, 2022 ` 16:29
The House of Representatives of the US Congress developed a draft bill prohibiting the import of Russian and Belorussian timber and products thereof. This document was submitted to the House of Representatives on April 7. Specific types of... US housing starts rose more than expected in February
April 15, 2022 ` 18:56
Construction of new homes in the US rose in February more than reversing a decline registered the previous month according to data from the U.S. Department of Commerce. Housing starts increased 6.8% in February over January, to a... Huhtamaki to initiate process to divest its Russian operations
April 15, 2022 ` 18:15
Huhtamaki has decided to initiate the process to divest its operations in Russia. This follows an earlier decision to stop all investments in Russia. Huhtamaki considers that the current evolution of the situation and the long-term outlook in... Industrial Development Fund will grant a loan of 490 million rubles to Plitwood
April 5, 2022 ` 18:11
The expert board of the Industrial Development Fund (VEB.RF Group) approved a loan of 490 million rubles for implementing a project on building a birch plywood production plant in the Vologda Region, at the premises of Plitwood joint... Ugra Timber Holding increased production output in 2021
April 5, 2022 ` 18:13
Based on 2021 performance, Ugra Timber Holding increased its sawn timber output by 4.5% YoY, up to 151,500 m³, according to the group’s information disclosure form. Particleboard and laminated particleboard output also grew (+11.1% YoY, up to 272.6... Kastamonu delivered 100 million m² of laminate flooring to the Russian market
April 5, 2022 ` 16:39
Kastamonu has produced 100 million m² of laminate for the Russian market, as reported by the press service of the Turkish company. The mark was reached in February 2022 in 7.5 years. Most deliveries were made for laminate... Kastamonu will start producing particleboard in Tatarstan
April 1, 2022 ` 17:15
Kastamonu will start up a new particleboard production line costing 30 billion rubles at its venue in Alabuga Special Economic Zone, as reported by the company’s press office. Starting up the new line will bring the company’s total... Jean-Francois Guilbert, Managing Director of FrenchTimber: “Sawn timber prices have been stable for 20 years so they’re catching up now”
April 1, 2022 ` 16:45
FrenchTimber, an association founded in 2001 by the National Timber Federation (Fédération Nationale du Bois, FNB). The association is developing the French export of sawn timber and French processed wood products: it helps its members ship their products... Segezha Group announces operating and financial results for FY 2021
April 1, 2022 ` 14:07
Segezha Group announces its consolidated audited IFRS financial results and operating results for the 12 months of 2021 (FY 2021). Revenue totalled RUB 92.4 billion, a 34% YoY increase, amid a recovery in global demand and higher average... 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.