Tag: investments

New investment project in the Kostroma region: more than 1 billion rubles will be invested in timber processing

The new enterprise will be created by combining the capacities of the logging company “Dom-Stroy” and the wood processing enterprise “GK Forest”. Plans to create a new timber industry complex Governor Sergei Sitnikov discussed with the owners of...

Andritz to supply new HERB recovery boiler to Ilim Group’s “Big Ust-Ilimsk Project” in Russia

The Andritz HERB recovery boiler will have a black liquor combustion capacity of 1,950 tds/d, with start-up planned in the second half of 2021. The order is part of the one billion US dollar “Big Ust-Ilimsk Project” that...

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log price index in Russia

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log...

Otkritie Bank opened a credit line to ULK Group of companies in the amount of $725 million

The line is open for three years, until December 25, 2026. These funds will be used for current business and investment projects of ULK Group – the Russian largest timber procurement and production holding. For 2020, ULK Group plans...

$10 million will be invested in the construction of a pellet plant in Buryatia

The government of Buryatia on June 14, 2019 the Head of the Republic of Buryatia Alexey Tsydenov and the General Director of Monpellet U. Ankhbileg signed an agreement on cooperation in the sphere of development of fuel and...

21 billion rubles will be invested in the construction of OSB-plant in Bashkortostan

In the House of Republic on 17 June 2019, the acting Head of Bashkortostan Radium Khabirov and the founders of SibaiPlitProm Sergey Kurenkov and Vsevolod Chirkovskiy signed an investment agreement between the government of the Republic and the...

Since the beginning of 2019, Kastamonu has allocated more than 19 million rubles for environmental activities

At the end of the first five months of 2019 Kastamonu allocated more than 19 million rubles for environmental activities. In total, several dozens of measures were implemented to protect air, water, soil and land resources, to protect...

Holz House launched the production of laminated veneer lumber in the Kirov region

According to the press service of the regional government, the second stage of production of houses made of laminated veneer lumber was launched in Luzа as part of the investment project. After the implementation of investment projects, more...

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and imports for 4 years; Sawmill profit margins fell substantially in North America

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and...

VEB.RF declared a strategic partner for the construction of a new pulp and paper mill in Krasnoyarsk region

VEB.RF and the investment company Rockwell Capital signed a Memorandum of intent to establish a holding company as part of the implementation of a joint strategy in the timber processing complex of Russia. As the first project, the...

The plant for the production of torrefied pellets will be built in the Novgorod region

The agreement on the implementation of the investment project for the construction of a plant of torrefied pellets was signed on June 6, 2019, by Governor Andrei Nikitin and General Director of Sila Prirodu LCC Leonid Kondrashov. Under...

In the Vologda region, three investment projects for the development of forests are recommended for completion

According to Roman Markov, head of the Department of the forest complex of the Vologda region, the company “Nikolsky les” fulfilled its obligations to create capacities for deep processing of wood. The volume of investments in the project...