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Tag: Russia

The USA has developed a draft bill prohibiting the import of Russian and Belorussian timber products

20 April 2022 ` 16:29  
The House of Representatives of the US Congress developed a draft bill prohibiting the import of Russian and Belorussian timber and products thereof. This document was submitted to the House of Representatives on April 7. Specific types of...

Huhtamaki to initiate process to divest its Russian operations

15 April 2022 ` 18:15  
Huhtamaki has decided to initiate the process to divest its operations in Russia. This follows an earlier decision to stop all investments in Russia. Huhtamaki considers that the current evolution of the situation and the long-term outlook in...

Koskisen exits its operations in Russia

15 March 2022 ` 18:57  
Koskisen has decided to discontinue its operations in Russia. The company will run down it’s Russian’s sawing operations and stop importing sawn goods and logs from Russia. The discontinuation of operations will be carried out with personnel and...

Komatsu to suspend shipments to Russia

10 March 2022 ` 18:43  
Due to the current supply chain disruption and the uncertainty of the financial and economic situation, the Japanese forestry equipment manufacturer Komatsu has decided to suspend shipments to Russia for the time being. In line with its crisis...

UPM will cease deliveries to Russia

4 March 2022 ` 14:15  
UPM will cease its deliveries to Russia for the time being. UPM businesses will keep the Russian customers and suppliers informed of the situation. In Russia, UPM employs 800 persons most of whom work at the Chudovo plywood...

IKEA pauses operations in Russia and Belarus

3 March 2022 ` 18:22  
Inter IKEA Group has taken the decision to pause all export and import in and out of Russia and Belarus. Inter IKEA Group has taken the decision to pause all IKEA Industry production operations in Russia. This also...

Ponsse discontinues all operations in Russia and withdraws its profit guidance

2 March 2022 ` 19:46  
Ponsse Plc has decided to discontinue temporarily all export operations to Russia and Belarus for both PONSSE forest machines and their spare parts. Also the Ponsse Group’s Russian subsidiary OOO Ponsse is discontinues temporarily its local spare parts...

Stora Enso stops all production and sales in Russia

2 March 2022 ` 17:51  
Stora Enso announced that they will stop all production and sales in Russia until further notice. Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia (according to WhatWood, the total annual sawn timber...

Russia increased sawn timber production in January 2022

1 March 2022 ` 16:16  
According to data from the Federal State Statistics Service (Rosstat) in January 2022, Russia increased sawn timber production by 2.3% YoY to 2.1 million m³.

Orsted stops buying wood pellets from Russia

1 March 2022 ` 12:13  
The largest Danish energy company Orsted has announced a halt in purchases of Russian coal and biomass (including wood pellets) for its power plants. In 2021, Denmark became the largest consumer with a market share of 39% of...

Russian plywood production down 3.2% in January 2022

26 February 2022 ` 01:36  
In January 2022, plywood production in Russia decreased by 3.2% YoY to 345,000 m³, according to Rosstat. Fibreboard production (including MDF/HDF/flooring) increased by 7.3% YoY to 62.5 million conventional m², the production of particleboard (including OSB) increased by...

Kazakh investor is planning to start producing OSB in Russia

25 February 2022 ` 18:21  
Mega Smart, a producer of furniture from particleboard and MDF from Kazakhstan, intends to build an OSB production plant in Bashkortostan, Rustam Muratov, First Deputy Prime Minister of the Bashkiria Government, declared. According to him, the new enterprise’s...