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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.

Ivanovo Timber Industry Company invested 300 million rubles in its production in 2 years

April 27, 2021 ` 17:04  
The press office of the government of the Ivanovo region reports that Ivanovo Timber Industry Company, with the support of the Industrial Development Fund, implemented an investment project in 2020, thanks to which the enterprise increased the output...

Ladozhsky DSK started producing CLT

April 26, 2021 ` 17:59  
Ladozhsky DSK launched CLT production in the village of Avrovo (Leningrad region). The installed equipment was manufactured by Minda, a German company. Upon reaching the design capacity, the enterprise will produce products worth 19 billion rubles per year....

Stora Enso abandoned the intention to expand its production facilities in the Novgorod region

April 26, 2021 ` 17:50  
The Finnish company abandoned the intention to update and expand the production facilities of Setnovo LLC, its subsidiary company in the Novgorod region. Investments in the project were estimated at 520 million rubles. According to Novy Prospekt, the...

Segezha Group announces Q1 2021 IFRS results

April 23, 2021 ` 20:48  
In 1Q 2021, Segezha Group’s revenue grew by 27.4% YoY to RUB 18.2 bn. OIBDA grew by 93.5% YoY to RUB 5.0 bn. The OIBDA margin was 27.6%, up 9.2 p.p. YoY.

In January-February 2021, Russian plywood export increased by 4.5%

April 22, 2021 ` 16:24  
In January-February 2021, Russia increased its plywood export volume by 4.5% YoY, reaching 481,700 m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 17.7% YoY...

Russia reduced its export of sawn timber by 15.7% in January-February 2021

April 21, 2021 ` 13:32  
In January-February 2021, the volume of sawn timber exported from Russia reduced by 15.7% YoY and totaled 2.7 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

Segezha Group announces indicative price range for IPO and planned listing on Moscow Exchange

April 21, 2021 ` 10:46  
Segezha Group announces the indicative price range for its initial public offering and planned listing of ordinary shares on Moscow Exchange, and the publication of the offering memorandum in relation to the offering. The indicative price range in...

US housing starts move higher in March 2021

April 20, 2021 ` 17:43  
A report released by the Commerce Department on Friday showed a substantial rebound in new residential construction in the U.S. in the month of March 2021. The Commerce Department said housing starts skyrocketed by 19.4% to an annual...

US sawn timber prices show all-time highs

April 20, 2021 ` 15:50  
In the week ending April 16, 2021, the price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr rose another +$80, or +6%, to $1,210 mfbm ($465 per m³), from $1,130 the previous week, said Madison’s...

Eacom Timber Corporation invests $8.9M in Elk Lake (Canada) sawmill upgrade

April 19, 2021 ` 21:06  
Eacom Timber Corporation announces an investment of $8.9 million to equip its Elk Lake sawmill with a new, state-of-the art continuous dry kiln (CDK). Expected to be fully operational by early fall, the CDK will allow for continuous...

In 2020, China reduced imports of sawnwood by 11%

April 16, 2021 ` 17:25  
According to data from China’s Customs, 2020 sawnwood imports totalled 33.86 million m³ valued at $7.68 billion, a year on year decrease of 11% both in volume and in value. Of total sawnwood imports, sawn softwood imports fell...

In 1Q 2021, wood pulp production slightly decreased in Russia

April 16, 2021 ` 14:44  
According to the data of the Federal State Statistics Service (Rosstat) in 1Q 2021, the output of Russian wood pulp grew by 0.1% YoY to 2.2 million tons. Paper and cardboard production increased over the reporting period by...

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.