Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)
Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved a list of systemic timber enterprises, 35 timber enterprises and 18 furniture companies have been included in the list of systemic enterprises of the country; updated data on the impact of COVID-19 affects operations of world timber companies.
Featured Article:
– How Russian timber merchants solve problems in the context of the spread of coronavirus in Russia and the world
– The Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them
– How the spread of COVID-19 affects operations of world timber companies (update)
Global Timber Markets News:
– Europe’s parquet markets are already feeling the effects of coronavirus
– Egger temporarily stops production at Hexham mill in UK
– SCA considers temporary layoffs at Ortviken mill in Sweden
– Brands calls for 50 per cent rent reduction
– Italian PM dashes design sector’s hopes
– Bergs Timber to make temporary adjustments to their production
– Norske Skog curbs output at Saugbrugs and Tasman paper mills
– Arauco to close an MDF plant in the United States
– North American softwood lumber prices fall more slowly or remain steady
– Australia: 50% decline in sawn timber demand for domestic sawmills over next six months
– Mild winter causes earlier bark beetle infestation in Austria
– LUKE: forest industries’ wood consumption decreased in 2019
– Enviva: Pellet production, shipments not impacted by COVID-19
– April pellet price low in Germany
– Prodesa to build two wood pellet plants in Belarus (near the cities of Vitebsk and Polotsk) with a capacity of 20 tons per hour each
– Chinese forest products imports drop sharply in Jan.-Feb. 2020
– UPM: Sales decreased by 15% to EUR 2,287 million in Q1 2020
– Stora Enso’s Q1 sales drop 16%
– In February 2020, demand for newsprint in Europe fell by 10.5%
– In 1Q 2020, Valmet’s orders received increased to EUR 1.2 billion and Comparable EBITA to EUR 52 million
Russian News:
– REC and the Ministry of Industry and Trade prepared amendments to the state subsidy program simplifying access of companies to the mechanism of CCEP
– Government of Irkutsk Region approved a list of 100 systemic (socially important) organizations of the region by Decree No. 30-rep
– Harvesting enterprises of Segezha Group in Vologda Region to update their fleet of forest machines
– Russian suppliers of sawn timber to China failed to gain a foothold at the upper price level: contract prices decreased in May
– WRI: at the beginning of 2020, Russia’s share in the Chinese softwood lumber market grew by 2 pp
– In 2020, Karelian Wood Cоmpany (part of the Segezha Group) to invest 100 million rubles for modernization
– Sievezh LLC (Vologda Region) completed a priority investment project in the forest sector
– In Q1 2020 “Lesosibirsky LDK No. 1” (part of the Segezha Group) produced 136,800 m3 of sawn timber
– VTB Bank asks to recognize businessman Kamil Ablyazov a bankrupt for a debt of 100 million rubles
– ULK Group to complete the construction of a new wood processing plant in Karpogory (Arkhangelsk Region) by the end of 2023
– RFP Group, the largest company in the Russian Far East, may change of ownership
– RosPlit LLC (Samara region) put up for auction
– In the coming year, the freight railcar leasing market will get “depressed”
– Amid the coronavirus pandemic, Syassky PPM has increased the output of sanitary tissue products by 50%
– In March 2020, Freight One increased the volume of transportation of products produces by the plants of Ilim Group in the Irkutsk Region by 15% YoY to 76,500 tons
– A trial run a new thermomechanical pulp line took place at JSC Volga
– Furniture producers warn: 70% of enterprises may go bankrupt
– RF Government signed a decree restricting import purchases for municipal and public needs
– (KomSLDKi) obtained EN Plus certificate
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