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Tag: Russia

UK detects Russian origin of imported Chinese plywood

6 September 2022 ` 22:27  
Timber Development UK (TDUK), has issued a trade alert urging vigilance to ensure no plywood offered by Asian manufacturers to UK importers contains birch originating in Russia. TDUK note that a worrying development has emerged in recent weeks...

In January-July 2022, sawn timber production in Russia decreased by 4.8%

26 August 2022 ` 11:51  
According to Rosstat, the production of Russian sawn timber in January-July decreased by 4.8% YoY to 17.8 million m³. In July, sawn timber production continues to decline: -13.3% YoY, -6.4 MoM.

In July 2022, Russian plywood production fell by more than 40%

26 August 2022 ` 11:36  
According to Rosstat, in July 2022, Russia reduced plywood production by 42.4% YoY, producing just over 220,000 m³. In January-July 2022, Russian plywood production decreased by 20.9% YoY to 2.12 million m³.

US hardwood plywood imports continue downward

24 August 2022 ` 16:20  
US imports of hardwood plywood fell for a third straight month, declining by 9% in June, ITTO reports. The 296,900 m³ imported was the lowest volume month of the year and was 2.3% less than the previous June. Imports...

Mondi sells Mondi Syktyvkar for €1.5 billion

15 August 2022 ` 16:33  
Mondi PLC announced it had entered into an agreement to sell Syktyvkar mill, its most significant facility in Russia, for around €1.5 billion. The disposal is conditional on the approval of the Russian government. The deal is also...

Timber harvesting in Russia increased by 3.7% in 2021

5 August 2022 ` 14:58  
According to Rosleskhoz, in 2021, timber harvesting in Russia increased by 3.7% YoY to 225 million m³. Almost a third of all harvested timber in 2021 came from the Siberian Federal District.

Russia has sharply increased the import of Turkish furniture

3 August 2022 ` 17:05  
Russia is increasing imports of furniture from Turkey. The import of these products for the first six months of 2022 increased by 88.1% and reached $65 million. At the same time, according to the Anadolu agency, experts believe...

Tetra Pak to exit Russia

26 July 2022 ` 18:09  
Tetra Pak today announced that it will be exiting its remaining operations in Russia. This is due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, as a result of...

Raute’s profitability has been negatively impacted from scaling down the deliveries to Russia during H1 2022

26 July 2022 ` 14:46  
Raute’s net sales volume in Russia in 1H 2022 almost halved to €16.1 million (1H 2021 — €31.6 million). The share of the Russian market in total net sales for the reporting period decreased from 53% to 23%....

Rehau to withdraw business in Russia

4 July 2022 ` 17:03  
The Rehau Group has announced the intention to sell its business in Russia to local management and will withdraw completely from the country. The company says a corresponding preliminary agreement has now been signed by both parties. Rehau...

Stora Enso divests its packaging operations in Russia

4 July 2022 ` 15:52  
Stora Enso has divested its three corrugated packaging plants in Russia. The Company’s Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management. Stora Enso’s assessment is that due to the uncertainties in the Russian market,...

Valmet’s withdrawal from Russia is progressing

28 June 2022 ` 17:13  
Valmet has progressed in reviewing its operations in Russia and implementing its exit plan. Already in the spring, the company decided not to make any new sales projects in Russia. In addition, it canceled €70 million of its...