Russian Timber Journal 11-2021: Interview with Metin Mete, General Manager at HAYAT Russia; U.S. has decided to almost double the duties on Canadian softwood lumber; U.S. homebuilding surged to an eight-month high in November 2021; Government of the Russian Federation approved the purchase of 75% of RFP Group by a Japanese investor; Russian Railways reports a significant reduction of timber cargo export from Russia in December
Russian Timber Journal 11-2021: Metin Mete, General Manager at HAYAT Russia: “The whole market of paper tissue products is growing by an average of 5% a year”; U.S. has decided to almost double the duties on Canadian softwood lumber from most producers from 9 to 17.9%; U.S. homebuilding surged to an eight-month high in November 2021 amid an acute shortage of properties on the market; the Government Committee on Foreign Investments Control approved the sale of 75% of RFP Group to Iida Group Holdings; Russian Railways that over 19 days of December, timber cargo loading to be exported from the Russian Federation reduced by 13.5% in the railway network
Featured Article:
– Interview with Metin Mete, General Manager at HAYAT Russia
– U.S. has decided to almost double the duties on Canadian softwood lumber
– U.S. homebuilding surged to an eight-month high in November 2021
– Government of the Russian Federation approved the purchase of 75% of RFP Group by a Japanese investor
– Russian Railways reports a significant reduction of timber cargo export from Russia in December
Global Timber Markets News:
– Rising logging volume in Finland
– West Fraser completes OSB mill acquisition
– UPM to invest €10 million in Joensuu plywood mill
– Greenply orders MDF and HDF plant from Siempelkamp
– Egger announces investments in North Carolina facility
– West Fraser completes acquisition of Angelina Forest Products
– Södra Wood reduces production in December 2021
– US lumber prices up 27% in a week
– Junnikkala is building a new sawmill in Oulu
– Drax announces plans to double pellet production capacity by 2030
– Swiss pellet prices rise in December 2021
– Vietnam: The export wood chips earns nearly half a billion USD per year
– New pellet production opened in Belarus
– In November 2021, the growth of wooden housing construction continued in Japan
– US reduced furniture imports in October 2021
– Kruger Products to invest in Sherbrooke plant
– Sonoco Agrees to Acquire Ball Metalpack
– Waste paper export licensing was extended in Belarus
– Essity acquires advanced wound care company in US
– Sappi Europe has announced that price increases of 10%-25% would be implemented by the beginning of February 2022
– European magazine paper demand declined in October 2021
– Demand for newsprint continues to decline in Europe
– Iceland freezes use of unnecessary plastic with launch of paper packaging from Mondi
Russian News:
– The Government of the Russian Federation endorsed the form of an electronic accompanying document for timber transportation
– Government of the Russian Federation endorsed the procedure of determining timber properties and measuring it
– Arkhangelsk Pulp and Paper Mill will invest 500 million rubles in building a new tree seed center
– Over 11 months of 2021, Russia equaled its record plywood output of 2019 – 4.1 million m³
– Segezha Group completes acquisition of Inter Forest Rus
– 3.8 billion rubles will be invested in OSB and glued wooden structures production in the Vologda Region
– Sveza is planning to complete Novator +52 project in spring 2022
– Kronospan created an MDF production facility costing more than 15 billion rubles in the Kaluga Region
– VTB will provide 1.5 billion rubles for upgrading Vyshnevolotskoy Lespromkhoz (Tver Region)
– Sveza ships specialized plywood to a manufacturer of cargo containers
– Lesosibirsky LDK No.1 has completed procurement procedures for modernization equipment
– Over 10 months of 2021, the Russian sawn timber export to Europe increased by almost 1 million m³
– Vologodsky Les is planning to invest 3.5 billion rubles in expanding its woodworking facilities
– Krasny Oktyabr will start producing plywood
– A woodworking production site will be upgraded in the Tver Region
– Valmet will supply €23.6 million worth of equipment to Arkhangelsk Pulp and Paper Mill
– Ilim Group may make an IPO
– In 2022, Pulp Mill Holding will invest 4.5 billion rubles in Arkhbum
– Segezha Group is growing its assets in the Krasnoyarsk Region
– The Vladimir Region is planning to invest 15 billion rubles in producing cardboard goods
– Pulp Mill Holding will build the second corrugated cardboard plant for Arkhbum in Voronezh
– ULK Group upgraded its wood pellet equipment at Ustyanovsky LPK
– Segezha Group will ship 400,000 tons of pellets in 2022
– Segezha Group announced a project of first multi-storey houses made of CLT panels in Russia
– An investment project on comprehensive private housing development using MHM technology began in Irkutsk
– Sakhalin Engineering will open a new house kits production venue in the Khabarovsk Region
– Wooden house kits will be produced in the Nizhny Novgorod Region
– In January-October 2021, Russia increased furniture import by 30.7%
– China limited timber cargo shipments at two railway border crossings with Russia
– In January-October 2021, wood pulp export from Russia decreased by 10.7%
– In January-October 2021, Russian plywood export increased by 5.1%
– In January-October 2021, Russia reduced its export of sawn timber by 5.2%
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