Tag: capacities

RusForest sold Shenkursk and Ust-Ilimsk sawmills as non-core assets

Swedish company RusForest operating in Russia has closed the sale of Shenkursk sawmill in Arkhangelsk region for $1 million. The sawmill has an annual capacity of 80,000 cubic metres of sawnwood, but it has no forestry leases nearby...

Global Trends Review, May 13-19, 2013: OSB demand in China predicted to grow; new board capacities to appear in China and India

In the latest contracts concluded with buyers in East Asia, Baltic shippers have agreed increases of €25-30/m3 on the softwood lumber prices that applied in the first quarter, EUWID Wood reported. In North Africa, prices in the hitherto...

Board chairman of Solombala pulpmill: “We need a new mill and have a ready project of it”

The management of Solombala pulpmill notified the Employment Centre and the trade union organization of the forthcoming reduction of staff numbers. On July 10, 2013, the company will cut 974 employees. The department for biological treatment of industrial...

Kondopoga newsprint mill is bankrupted, plans to launch second paper machine in mid-March

Petrozavodsk, March 13. Arbitrage court of Karelia regarded Kondopoga mill’s request on bankruptcy on March 06 and approved to introduce bankruptcy administration at the mill, with Andrei Yenkov appointed external mill manager. Liabilities of the mill exceed 13...

Enterprises of global forest industry leaders in Russia

In this new piece of visual graphics we tell about production capacities of global forest industry leaders in Russia. A detailed article on the matter is available in the recent issue of our WhatWood Weekly. Click on the...

Estonian investors to build a sawmill in Kirov region

Kirov, January 17. New lumber mill will be launched in Oparinskiy municipality of Kirov region. The project is originated by Lesnoy Put LLC and funded by private investors from Estonia. Total investment scope of the project is around...

Pilomaterialy Krasnyi Oktyabr to launch new sawmill line in May 2013

Perm, January 17. In May 2013, Pilomaterialy Krasnyi Oktyabr company (Perm region) is going to launch new sawmill line. Investments into the project exceeded 700 million Rubles (€17.4 million) and were mainly funded with state support. Sweden’s Söderhamn...

UPM to close and sell Pestovo mill site in Novgorod region

Novgorod, January 14. UPM announces a production curtailment at its Pestovo sawmill in Novgorod region and begins negotiations with employees. The negotiations will affect all of the approximately 180 sawmill employees. Starting today, production at the mill will...

Ilim Timber increased plywood capacities by 25%

Ilim Bratsk LDZ (Bratsk, Irkutsk region, belongs to Ilim Timber company) launched two veneer lines, as reported by the company. New equipment will allow to increase market plywood production by 25% to 200,000 cu m annually and will...