Tag: China

The timber holding Segezha Group and the Russian branch of the Chinese Bank Industrial and Commercial Bank of China (ICBC) signed an agreement on the opening of a revolving credit line for two years with a limit of 2 billion rubles

This was reported on the official website of Segezha Group. The company needs the money to Finance the current activities of Segezha Group and is attracted in rubles. “We consider the opening of a credit line in a...

Russian Timber Journal №01-2019: the eight-year work of the existing head of Rosleskhoz was assessed as unsatisfactory; WhatWood summarizes the preliminary results of the LPK for 2018; the company “Solikamskbumprom” took a loan of 27 million euros; Segezha Group completed the design of a new pulp and paper mill in the Krasnoyarsk region; prices and volumes of production of LPK in Russia for 4Q 2017-2018

Russian Timber Journal №01-2019: summed up the first results of the LPK for 2018; basic prices for round wood and lumber; prices for the products of LPK in Russia for 2017-2018; exchange rates to the US dollar from...

Lesosibirsk LDK №1 broke the record of January shipments of sawn timber over the past 10 years

January 2019 became the most productive month since the beginning of the year for Lesosibirsk LDK No. 1 (Segezha Group, part of Sistema) in the last 10 years. This was reported by the press service of Segezha Group....

In the Far East, they plan to create a timber cluster and produce cardboard for Chinese online stores

Cardboard for the delivery of parcels from online stores of China are planning to produce in the Far East, which decided to create a cluster for processing wood, said in an interview with RIA “Novosti” the head of...

The total volume of timber imported to China in 2018 by Segezha Group woodworking enterprises amounted to 340 000 cubic meters

For the third year in a row Segezha Group (part of Sistema) is awarded the title of unconditional leader among suppliers of the largest manufacturer of building materials in China – Xiamen BNBMG (a structural unit of the...

Representatives of the Ilim Group at a meeting with Chinese partners spoke about their main investment projects to increase the volume of production of their own products

In Dalian (China) on January 11, a meeting of representatives of Ilim Group with packaging manufacturers of the North-Eastern region of Republic of China was held, according to the press center of JSC “Ilim Group”. Speaking at the...

Russian Timber Journal 07-2018: WhatWood interview with Ali Kiliç, General Director of Kastamonu in Russia; the minimum growth rate of sawnwood exports from Russia in the last seven years; and sawn softwood exports from Russia to China, Japan, Europe by producers

The devaluation of the ruble has led to a deplorable state of the already unsteady economy in our country. However, the reliance on import substitution stimulates domestic enterprises not to stop in development. And while large companies continue...

In 2017, sawn timber producers everywhere encountered a shortage of raw timber linked with the weather conditions unfavorable for logging

The Chinese market has been and remains a driver of demand for sawn timber all over the world. According to Dmitry Krylov, the general director of  “Sawmill 25” (located in the Arkhangelsk region), practically all the additional volume...

Russian Timber Journal 02-2018: China is increasing the import of birch veneer logs from Russia while Russian timber supplies to Finland are shrinking

In 2017, China reduced purchasing roundwood from Russia by 0.8% yoy, but the demand for Russian birch veneer logs increased by 23% yoy. Export of pine roundwood decreased by 8%. Finland also reduced purchasing of roundwood from Russia...

China withdraws benefits for railway transportation of timber cargoes

Since October 31, 2017, in Manchuria, Suifenhe and other dry ports, benefits for railway transportation are withdrawn, as a result is the logistic component of selling price has increased and quantity of deliveries has decreased. For example, volume...

Lumber Report No.5 (21): The Russian government strengthens requirements to sawnwood manufactures; in Japan, consumption of Russian sawnwood decreases; China sets records on demand

Read in the latest issue of the monthly review of the Russian sawmilling industry WhatWood Russian Monthly Lumber Report No.5 (21) – May 2017: Laws On May 12, 2017, the Russian government expanded the list of forest products, which are...

In March 2017, Russian softwood lumber exports reached its historic peak of 2.5 million m3 (+11% yoy)

In the first quarter of 2017, high demand for softwood lumber was registered in the global markets. Russian export sales grew 16% on-year to reach 6.1 million m3, worth $761 million (+26% yoy). Softwood lumber exports from Russia...