Tag: Rusforest

Russian timber industry news #21-2016

– AFK Sistema owned by billionaire Vladimir Yevtushenkov made a public proposal of the purchase of all shares of Finnish house-building company Honkarakenne at the price of €1.5 per share. According to Finnish newspaper Helsingin Sanomat, the CEO...

Russian timber industry news #14-15-2016

– Egger launched an MDF/HDF production line in the Smolensk region with a capacity of 350,000 m3. It will produce MDF of standard quality and for deep milling (for hypermarket networks selling construction materials and for the furniture...

Russian timber industry news #12-2016

– The Far Eastern company Arkaim is going to open plant for the production of antioxidants from raw wood in bonded zone Xinglong in China’s Changchun. “We plan to process here larch into antioxidants and prebiotics. These products...

Russian timber industry news #9-2016

– The Central Asian and Northern African markets remained difficult in the Q1 2016, as Rusforest mentioned in its quarterly report. However, the company managed to redirect more low-quality product sales to the Japanese market instead. – Pomorskaya...

Russian timber industry news #21-2015

– RusForest announced preliminary Q3 2015 production and sales results. Sales to the Japanese market grew, and prices increased slightly, however, overall sales volumes of both sawnwood and sawlogs decreased due to sustained unfavorable market conditions in the...

Russian timber industry news #17-2015

– RusForest announces plans to develop harvesting operations in its Ust-Ilimsk forest lease areas. The company has recently been subcontracting forest lease areas in Ust-Ilimsk for harvesting by third party. While the subcontracted volumes have been successfully increased,...

Russian timber industry news #2-2015

RusForest announced preliminary 2014 results: sawlog harvesting in Magistralny decreased 10.7% to 278,896 m3, compared with 312,228 m3 in 2013. For large-scale modernization of Arkhangelsk LDK-3, an increase in the allowable cut to 2 million m3 will be...

Russian timber industry news #1-2015

-In 2014, Lesozavod 25 increased production of export-grade lumber by 19.36% -RusForest has engaged Hekotek to build a wood pellet plant at the Magistralny sawmill -LesResurs company opened a pellet production in the Irkutsk region -Belozersky forest enterprise...

RusForest sold Arkhangelsk assets and may consolidate with Lesresurs

Swedish company RusForest announced sale of Arkhangelsk assets in Northwest Russia for approximately $31 million, including the related debt. The company executed a definitive sale and purchase agreement with several buyers, including Lesozavod 25 (Arkhangelsk, belongs to Titan...

RusForest announced first shipment of pellets from Arkhangelsk LDK-3 mill

RusForest recently shipped more than 6,000 tonnes of wood pellets produced at the company’s LDK-3 mill in Arkhangelsk. The pellets are expected to be used as fuel for a European coal-fired power plant. The pellet mill passed the...

RusForest opened pellet production at its LDK-3 mill in Arkhangelsk

RusForest announced the start of wood pellet production at the company’s LDK-3 sawmill in Arkhangelsk. The plant is now in the test-production phase, with full capacity expected by the end of March 2014. Most of the pellets will...

Hekotek to build pellet mill for RusForest in Arkhangelsk

AS Hekotek company will build a wood pellet production facility at RusForest’s LDK-3 sawmill in Arkhangelsk. The Swedish company has completed a review of its Arkhangelsk assets and has identified the region as a core focus. Following the...