Russian Timber Journal 10-2019: Top 100 Russian timber industry companies in 2018: the highest total revenue in recent history; Russian Government can introduce export customs duties on sawn timber; about 70% of China’s wood processing mills can be closed; Segezha Group to invest over 500 million rubles in timber harvesting in Siberia and Arkhangelsk Region

Russian Timber Journal 10-2019: WhatWood Timber Industry Analytics Agency has prepared a fresh annual ranking of the 100 largest timber companies in Russia. Their combined revenue in 2018 totaled 1.16 trillion rubles, which at current prices is 26% higher than in 2017. The total revenue of the Top 100 Russian timber industry companies has almost doubled in the past five years.; the Russian Government may introduce export customs duties on lumber; due to new environmental regulations, many wood processing mills in China have stopped production.

Featured Article:

– Rating Top 100 Russian timber industry companies in 2018
– Possible introduction by the Government of the Russian Federation of customs duties on exported lumber
– China: estimates suggest 70% of wood processing mills closed

Global Timber Markets News:

– China: sharp decline in China’s wood furniture exports to US
– China: Output of wood-based panels rises slightly
– Kronospan started particleboard production at its Oxford, Alabama site
– Pfleiderer delisted from Warsaw Stock Exchange
– Norbord to curtail Line 1 at its Cordele OSB mill
– Czech State Forests reports 300,000 m3 of stormwood due to Mortimer
– Canfor reports third quarter results
– Pinnacle signs off-take contract with Mitsui
– LUKE (Finland) predicts weak market conditions for forest products till the end of 2020

Russian News:

– Governor of Khabarovsk Region proposed to limit tax benefits for harvesting enterprises
– Segezha Group to invest over 500 million rubles in timber harvesting in Siberia and Arkhangelsk Region
– FSC-certified forest areas in Russia reached historic highs
– Ministry of Industry and Trade of Russia to support companies implementing CCEP
– Two timber enterprises from the Irkutsk Region will receive loans from the Federal Industrial Development Fund (IDF)
– Asinovsky Forest Industry Park (Tomsk Region) to be officially completed by the end of 2019
– STOD leaves Titanium Valley in the Sverdlovsk Region
– Owner of Kronospan held a working meeting with the Governor of Penza Region on the construction of a particleboard plant
– Authorities of the Khanty-Mansiysk region to sell Ugra-Plit particleboard plant again
– Les-Export to be launched in Tomsk Region in 2022
– Karelia Pulp strengthens its raw material stability
– The Federal Agency for State Property Management held a meeting on provision of land to Vologda-Pulp for its investment project in Vologda Region