Tag: investments

Altailes increased the value of investments in an MDF plant construction project in the Kemerovo Region

Kemerovo Woodworking Plant (part of Altailes) continues implementing a previously announced new MDF production venue with a capacity of 250,000 m³ per year in the Kirovsky District of Kemerovo, as reported by Interfax referencing the regional Ministry of...

Kronospan created an MDF production facility costing more than 15 billion rubles in the Kaluga Region

The new plant by Kronospan Kaluga is built on the premises of Kaluga Special Economic Zone. The venue is going to produce at least 600,000 m³ of fiberboards (MDF and HDF) per year. Investments in the project exceeded...

Segezha Group to install cutting-edge wastewater treatment facilities at Sokol Pulp and Paper Mill

Segezha Group is planning to construct its own treatment facilities at Sokol Pulp and Paper Mill in the Vologda Region. Investments in the project which includes the construction works are estimated at around RUB 2 billion. The biological...

Automatic plywood sorting line installed at Cherepovets Plywood and Furniture Mill

The launch of a new automatic line will reduce the proportion of manual labor by 50% and increase the production efficiency. Investments in the project amounted to about 70 million rubles. Тhe key component of the new sorting...

Sveza will increase fuel wood briquettes output

The company started hiring staff to produce fuel wood briquettes of sawdust at its plant in Novator settlement, Vologda Region. The line commissioning is scheduled for fall 2021. Investments in the new production line will exceed 20 million...

In 1H 2021, “Sveza” increased production volumes by 11%

In 1H 2021, Sveza’s sales volume was 655,000 m³, which was 7% higher than in 1H 2020. During the reporting period, the company produced 662,000 m³ of products, exceeding the figures for the same period last year by...

Smurfit Kappa to invest over 1 billion rubles to expand its production in the Leningrad region

Smurfit Kappa Group will upgrade its sites in Kommunar and Vsevolozhsk. The investments in the project will total over 1 billion rubles of own funds. It is scheduled to start the works in the summer of 2021. Thanks...

Segezha Group increases plywood production capacity

Segezha Group, as part of its plywood production development strategy, is investing in the Vyatsky Plywood Mill capacity expansion project. The company has upgraded existing equipment, and new units have been selected for installation. The design is almost...

Government of the Tver region to allocate 189 million rubles from the regional public funds to support investment projects in the field of value-added wood processing 

The funds are intended to facilitate the development of the timber industry in the region. Starting from 2021, timber enterprises will be provided with soft loans for the purchase of industrial and harvesting equipment and the construction of...

Valmet is a supplier of paper machine for the 2nd line of Arkhbum Tissue Group LLC

The main supplier of the process equipment for the 2nd line of Arkhbum Tissue Group LLC (Vorsino industrial park, Kaluga region, part of Pulp Mill Holding) is Valmet Finland and FIS Impianti Italy is a supplier for the...

Russian Timber Journal 03-2021: interview with Oleg Fokin, Commercial Director of Sudoma Sawmill; markets of South Korea and Japan: prospects for the development of wood pellet exports from Russia; U.S. softwood sawn timber prices unchanged from the previous week; timber exporters from Irkutsk are experiencing difficulties in shipping products to China; investments in the Russian forest industry decreased by 9.8% in 2020

Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...

Investments in the Russian forest industry decreased by 9.8% in 2020

In 2020, investments in the Russian forest industry decreased by 9.8% YoY to RUB 136.7 billion. Investment in pulp and paper industry decreased by 20.8% YoY to RUB 22.55 bln; investments in forest harvesting fell by 5% YoY...