Tag: lumber

Lesnoy Mir to build woodworking mill in Kaliningrad region

Lesnoy Mir OJSC is going to build large woodworking mill in Kaliningrad region, as Vedomosti business paper reported. The project of constructing the mill, as well as customs & logistics terminal and warehouses, was presented on 7 June...

Global Trends Review, June 10-16, 2013: lumber outlook, pellet and chip consumption surging, plastics & chemicals from wood

The 35,000 members of the European Organisation of the Sawmill Industry (EOS) produced 75.7 million m3 of softwood lumber in 2012 – 4.5% less than the year before, Holzkurier reported. A challenging situation on the log procurement front...

Global Trends Review, June 03-09, 2013: surging lumber prices in Japan; growing export wood trade in early 2013; further shift of board & paper capacities

To stop long lasting deflation, Japanese government took monetary easing policy, which depreciated yen’s exchange rate sharply in short time, ITTO reported. The yen/dollar rate was 78 last autumn, now it plunged to 102. Also the yen depreciated...

20 ideas of 3rd Global Softwood Log and Lumber Conference (Vancouver)

We present some major ideas of 3rd Global Softwood Log & Lumber Conference held in Vancouver on May 8 by one of our media partners, Canadian company International Wood Markets. Full version of the article is available in...

RusForest managed to increase revenue and average lumber prices in Q1 2013

RusForest, a Swedish forestry company with operations in Russia, released its first quarter 2013 interim report. Revenue increased by 43% to SEK 156.9 million (€18.26 million), net profit after the bond restructuring amounted to SEK 188.1 million (€21.89...

Igirma lumber mill to reach rated capacity in 2013

Irkutsk region governor Sergei Yeroschenko visited Igirma sawmill on May 27 where priority investment project is being implemented. According to deputy CEO of the mill Viktor Mukorez, in 2013 Igirma mill is to reach full capacity. The company...

Global Trends Review, May 27 – June 02, 2013: Top 20 softwood lumber producers in Europe; sawlog and pulpwood price trends in Q1

Sawlog prices were up in practically all regions in the 1Q/13, but they were still generally lower than they were a year ago, as reported in WRQ report by Wood Resources International. The biggest increases from the previous...

Global Trends Review, May 20-26, 2013: J-grade demand to decline slightly in Q3; high prices may cut Chinese deliveries of Canadian lumber in mid-term

Weaker lumber prices may hinder any further sawmill start-ups in North America, as reported by International Wood Markets. Until prices in North America stabilize, buyers in China and Japan are likely to act defensively, buying only fill-in quantities....

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...

5 ideas of Sampsa Auvinen, Norvik Timber CEO

Full text of the interview with Mr. Auvinen is available in #67-68 of our Weekly. “Japan has been surprisingly good as the demand seem to continue strong. Maybe one reason is the planned increase of the VAT in...

Global Trends Review, May 06-12, 2013: OSB prices plateaued; China’s GDP slowed down

The slight decline in North American OSB and softwood plywood prices seen in the first half of April has intensified in the past fortnight, EUWID Wood reported. The slump in OSB prices, in particular, is being attributed mainly...