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Tag: Norske Skog

Russian Timber Journal 10-2020: European Union is going to conduct an anti-dumping investigation in relation to birch plywood import from Russia, EU may impose duties; interview with Ilya Korotkov, Director General at Cherepovets Plywood and Furniture Mill; Russia is consistently growing the export of larch sawn timber

Russian Timber Journal 10-2020: the European Commission reported the start of the investigation that will determine whether Russian birch plywood import is subject to dumping and whether the European Union industry was harmed; WhatWood Agency had a conversation...

Norske Skog: demand drop due to corona pandemic

27 July 2020 ` 19:08  
Norske Skog’s EBITDA in 2Q 2020 was NOK 138 million ($14.9 million), a decrease from NOK 379 ($41 million) in 1Q 2020, mainly due to national restrictions on movement of goods and people following the outbreak of the...

Norske Skog revenue declines by almost 14%

19 June 2020 ` 14:13  
Norwegian timber holding company published a report on the results of work in 1 quarter. 2020, Norske Skog revenue declined 13.7%. The company’s revenue for the reporting period amounted to about $ 284.4 million. EBITDA for the first...

Russian Timber Journal 05-2020: how the current decline in exports of timber products caused by COVID-19 is similar to the situation of the 2008-2009 crisis; the Russian Government granted a six-month deferral to priority investment projects in the forest sector; DNS Les started producing OSB in Primorsky region

Russian Timber Journal 05-2020: comparing the 2008-2009 crisis with the current decline of forest products exports during the pandemic; in the Russian Far East was opened the first OSB production; the Russian government has granted a six-month deferment to...

Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...

Global timber market review #15\16-2015

3 August 2015 ` 19:22  
– Poland has expressed interest in selling the state-owned plywood manufacturer Sklejka Orzechowo SA (formerly OZPS), Fordaq reported. It is one of the last domestic timber enterprises fully owned by the State Treasury. The privatization process is associated...

Global Trends Review, April 07-20, 2014: raw wood concerns around the world; lumber production in Finland predicted to grow 2% in 2014

24 April 2014 ` 21:01  
According to the latest Eurostat figures quoted by Fordaq, in 2013 not only the sawmills from Europe made their presence obvious on the Chinese market, but also EU’s softwood log exporters more than tripled their deliveries compared to...

Global Trends Review, December 16-22, 2013: construction volume to drop by 3% in Europe this year, to grow 0.9% in 2014

27 December 2013 ` 14:01  
Euroconstruct forecasts a decline of 3% by comparison to the preceding year in European construction output to €1.3 billion, reports EUWID Wood. This estimation made at the end of November reflects a slight adjustment downwards from the estimation...

Global Trends Review, October 07-13, 2013: EU lumber prices growing, Japan seems oversaturated, South Korea emerging

16 October 2013 ` 04:01  
According to Fordaq, first-class lumber on ex-works terms in France costs €240-245 in October, second-class squared timber – €187-193, so generally lumber is 1-3% more expensive than in January 2013. The French sawyers doubt whether the upward trend...

Global Trends Review, July 15-21, 2013: sawmillers and pulp makers predict volatile but better market environment in the second half-year

23 July 2013 ` 05:51  
In the construction sector, seasonally adjusted production fell by 0.3% in the Eurozone and by 0.2% in the whole European Union area in May 2013, compared with the previous month, according to first estimates released by Eurostat. With...

Global Trends Review, June 17-23, 2013: Asian market drives European sawmilling, first wooden skyscraper planned to be built in Sweden

24 June 2013 ` 13:12  
Many sawmills in Northern Europe have expanded their lumber sales outside the Europe market the past few years resulting in an increase in non-European exports from 27% of total exports in 2007 to 43% in 2012, as reported...