Russian Timber Journal 05-2020: how the current decline in exports of timber products caused by COVID-19 is similar to the situation of the 2008-2009 crisis; the Russian Government granted a six-month deferral to priority investment projects in the forest sector; DNS Les started producing OSB in Primorsky region
Russian Timber Journal 05-2020: comparing the 2008-2009 crisis with the current decline of forest products exports during the pandemic; in the Russian Far East was opened the first OSB production; the Russian government has granted a six-month deferment to priority investment projects in the in the forest sector.
Featured Article:
– How the current decline in exports of timber products caused by COVID-19 is similar to the situation of the 2008-2009 crisis
– The Russian Government granted a six-month deferral to priority investment projects in the forest sector
– DNS Les started producing OSB in Primorsky region
Global Timber Markets News:
– In Q1 2020, Pinnacle Renewable Energy (Canada) revenue up 22.4% to $ 109.7 million
– Belarus: In the next two years, another 5-7 wood pellet plants will be built in the forestry units
– In May 2020, the price of wood pellets in Germany fell by 6.4% to 230.22 euros per tonne (DEPV)
– The Mozyr experimental forestry of Belarus plans to establish pellet production in the first half of the year
– Luke: in Finland, wood fuel use reaches record highs over year
– UPM Plywood is planning to scale down plywood production in Finland
– In March 2020, Japan increased plywood imports by 20%
– New U.S. Home Construction in April Slumps by Most on Record
– In the 1st quarter 2020 China reduced plywood exports by 85%
– Weyerhaeuser Sales Up 5.2% in 1Q 2020
– WRI: The Coronavirus has not stopped the global trade of forest products
– In April 2020, the number of new homes in Japan fell by almost 10% YoY. This is the ninth monthly decline in a row
– Norske Skog revenue declines by almost 14%
– Svetlogorsk pulp mill (Belarus) plans to launch coated cardboard production by the end of 2020
– Stora Enso introduces low-carbon paperboard for chocolate packaging
Russian News:
– The Ministry of Industry and Trade of the Russian Federation began accepting documents of lending institutions under the program of wooden housing construction soft lending
– The Russian Government included mass media in the list of affected industries
– The federal budget received 6% less payments for the use of forests than due
– The Government tightened requirements of the customs declaring procedure for exported timber
– Up to 80% of businesses’ expenses for the transportation of their products can be reimbursed
– Rus.Kit.Les to open a veneer plant in the Ulyanovsk region
– Investment projects of Les-Export and Sibirles being Implemented in the Tomsk region are included in the list of priority ones in the forest sector
– Tomsklesprom Syuydun LLC (China) to put into operation a plywood plant at the premises of Asinovsky LPK by the end of 2020
– ULK Group completed all works at Pestovsky LPK
– Selena LPK (Bashkortostan) bought a sawmill from Kador LLC (Poland)
– Trust Les LLC to start production of wooden veneered panels in the Leningrad region
– Production operations of Zelenodolsk Plywood Factory (Tatarstan) are suspended
– Holz House to invest over 213 million rubles in the expansion of its production in the Kirov region
– Volzhskaya Kartonnaya Manufaktura launched its new corrugated cardboard production in May 2020
– Kraslesinvest announced an invitation to tender for the design of a pulp mill in the village of Boguchany (Krasnoyarsk region)
– FBB production to be launched at the site of Kama PPM in autumn 2020
– Pulp Mill Holding: We intend to implement two projects for the construction of new plants in the Kaluga region for the confidence in preferences for investors
– Recycled cardboard plant to open in the Khabarovsk region
– The number of applications for the construction of wooden houses increased by 30% YoY in March 2020
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