Russian timber industry news #20-2015

– Lesozavod 25 (Sawmill 25) has signed a contract for the supply of Springer and Linck equipment and modernization of the sorting and sawing line at the LDK-3 mill in Arkhangelsk.

– The second phase of the Egger plant in Gagarin (Smolensk region) worth EUR 200 million is completed by 55%, as the company said in a press release. In the new buildings, installation of production lines has already started.

– The Russian company Sibirsky Les and China CAMC Engineering Co., Ltd. (CAMCE) have signed a contract for the construction of a pulpmill in the Yenisei district of the Krasnoyarsk region. Investment volume of the project is $2 billion.

– On October 14, 2015, Bionet pellet mill was officially opened in Onega (Arkhangelsk region) with planned capacity of 150,000 tonnes, worth RUR 2 billion.

– Kastamonu has shipped the first batch of laminate flooring to China from its factory in Elabuga, Tatarstan.

More detailed news of the Russian timber industry and review of global market trends of roundwood, lumber, wood panels and pellets; exclusive articles and interviews; over 25 pages of price charts are available in our digital Russian Timber Journal.