Russian Timber Journal 08-2020: Ranking of Top 100 Russian timber industry companies in 2019: slowing down as global economy growth decelerates; interview with Management at Metadynea – Russia’s largest synthetic resins producer; the Russian wood-based panel sector is trying to recover from the recession of the coronavirus crisis
25 September 2020 ` 18:27
Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over the past 8 years; the wood-based panel sector is experiencing a boom in demand for its products and is trying to recover from the spring-summer lockout; US timber prices are trading at highs.
Featured Article:
— WhatWood Timber Industry Analytics Agency has prepared a fresh annual ranking of 100 Russian timber industry
companies.
— “The majority of the profit is attributable to timber industry clients; this is around 75%,” WhatWood spoke with Management at Metadynea (Metafrax Group) – Russia’s largest synthetic resins producer
— Will the wood-based panels sector be able to restore after the drop during the coronacrisis period based on the results of 2020?
Global Timber Markets News:
— Ponsse’s first half net sales decreased by 12.5%
— Roundwood prices decrease all over Sweden
— Finland reduced logging in July 2020
— In 1H 2020 Finland increased wood imports by 12%
— WRI: the Global Forest Industry 2 Q/2020
— Japan significantly reduced imports of Russian veneer logs
— Stora Enso invests in a new CLT production line in Czech Republic
— US timber prices at their peak
— Dieffenbacher to manufacture the world’s longest continuous press
— Russia is the largest supplier of sawnwood to China
— There has been a steady decline in the volume of Japan’s plywood imports in 1H 2020
— In July 2020, new home construction in Japan fell by 11.3% y / y. The decline has continued since July 2019.
— Norbord finished second quarter with an increased EBITDA
— Germany: Cheaper pellets in August
— Report predicts EU to have a pellet demand for 30.8 million metric tons in 2020
— Enviva Completes Acquisition of Georgia Biomass and its Waycross Production Plant
— In the Q2 2020, revenue of Pinnacle Renewable Energy increased by 27% y / y to $ 132.2 million
— UPM to restructure several paper businesses
— Stora Enso plans to shut down one standard newsprint paper machine in Sweden
— SCA intends to invest in pulp production and initiates consultations to discontinue publication paper
— Stora Enso invests in Forshaga to develop sustainable barrier solutions
— Södra to raise price of bleached softwood kraft pulp
— Valmet to supply new bleach plant and upgrade of batch cooking and fiberline to ITC’s Bhadrachalam pulp mill in India
— Metsä Spring and Valmet construct a pilot plant in Finland
— Svetlogorsk pulp and paper mill plans to produce kraft paper
— Stora Enso builds pilot facility for packaging foam material
— AF&PA July 2020 Printing-Writing Monthly Report Shows Total Shipments Decreased by 26%
— Malaysia: Exports of furniture did well in early part of the year
— Japan reduced imports of bedroom furniture by 10% in May 2020
Russian News:
— Three new Codes of Practice for the wooden housing construction industry will be developed in Russia in 2021
— Russian Ministry of Industry and Trade published a draft of new Timber Counting Rules
— Will the wood-based panels sector be able to restore after the drop during the coronacrisis period based on the results of 2020?
— Terneyles Group will increase sawn timber output by 127,000 m³ in 2021
— Russia reduced sawn timber exports by 4.9% in January – July 2020.
— Perm DSK is planning to launch plywood production
— Sawmill 25 increased timber sawing volume by 9%, reaching 965,000 m³ in H1 2020
— Cherepovets Plywood and Furniture Mill is purchasing 50% of shares in Sheksna Wood-Based Panels Plant
— A new chips production site for particleboard production is supposed to open in the Ulyanovsk Region
— Azimut is going to commission new sorting and sawmilling lines in Komi
— Karelia DSP filed a bankruptcy claim
— In H1 2020, wood pulp exports from Russia grew by 5.2%
— JSC Volga launched a new thermomechanical pulp line as a part of the foreground investment project implementation
— Segezha PPM reports record shipments in July 2020
— Sea Port of Saint Petersburg increased wood pellets transshipment by 45% in H1 2020
— “Wood Pellets Market in Russia” 08-2020: in August, prices for industrial-grade wood pellets remained at the minimum; the market was looking for growth drivers
— Eastern Trading Company is expanding production
— Wood briquettes production costing 211.8 million rubles will be launched in the Jewish Autonomous Region
— A new wood pellets production site has been commissioned in Komi
— Segezha Group is to build a wood pellet plant and a utilization boiler at the Sokolsky DOK site up to 4Q 2021
— Sveza Ust-Izhora launched production of fuel wood briquettes with the capacity of 5,000 tons per year
— Pellet production with the capacity of 10,000 tons per year was launched in Mordovia
— Solomensky Sawmill received a loan from VTB to implement a wood pellets production project
— In early 2021, PechoraEnergoResurs will commission an additional shop producing wood pellets with the capacity of 5 tons per hour
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