Tag: sawn timber

The first loan under a program of subsidized funding for timber enterprises was granted in the Khabarovsk Region

Forpostles is planning to purchase new drying kilns to reduce sawn timber moisture content to 12-15% with the subsidized loan, in order to export its products in the future. The upgrading is going to cost approximately 40 million...

Microtec is going to install Finscan sorting systems at Pinezhsky LPK

Finscan is an automatic sawn timber sorting system using Buzzard – an artificial intelligence-based application. Besides identifying wood defects, the system is capable of identifying knots and rot with high precision, improving the quality and output of produced...

Segezha Group begins upgrade of Onega LDK plant in Arkhangelsk region

Segezha Group has begun a full upgrade of equipment at Onega LDK, the Company’s wood-processing asset in Arkhangelsk region. The project will be completed over a period of 2.5 years and will receive investment totaling more than RUB...

Segezha Group continues the modernization of the Karelian Wood Company, a logging and wood processing enterprise

More than RUB 100 million has already been invested in the plant’s modernisation. Moving forward, the company plans to expand its production capacity and secure further investments to the tune of RUB 350 million. The details of the...

Russia increased sawn timber production in 1H 2021

According to data from the Federal State Statistics Service (Rosstat) in 1H 2021, Russia increased sawn timber production by 2.7% YoY to 14.8 million m³.

Russia reduced its export of sawn timber by 3.9% in January-May 2021

In January-May 2021, the volume of sawn timber exported from Russia reduced by 3.9% YoY and totaled 8.78 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

Russia increased sawn timber production in January-May 2021

According to data from the Federal State Statistics Service (Rosstat) in January-May 2021, Russia increased sawn timber production by 2.6% YoY to 12.2 million m³.

Terneyles to invest 1.7 billion rubles to upgrade its dry sawn timber production facilities 

In March 2021, the company signed a contract for the supply and installation of three drying tunnels with a capacity of 300,000 m³ of dry sawn timber per year. It is also planned to supply three lines of...

Russia reduced its export of sawn timber by 5.2% in January-April 2021

In January-April 2021, the volume of sawn timber exported from Russia reduced by 5.2% YoY and totaled 6.8 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

Sawn timber prices in US rose again in mid-May 2021

In the week ending May 14, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $1,650 mfbm. This is up by +$90, or +5%, from the previous week when it was...

Glennon Brothers has entered into an agreement with SHV Energy to buy Balcas

Balcas operates a sawmill in Enniskillen, County Fermanagh, Northern Ireland, producing quality sawn timber products for the fencing, landscaping, agricultural, construction, and pallet and packaging sectors. The company also operates two renewable energy plants at Enniskillen and Invergordon,...

The Ministry of Industry and Trade of Russia proposes to allow temporary restrictions on plywood and sawn timber export

The Ministry proposes to add plywood (HS Code 4412) and sawn timber (HS Code 4407) to the list of products that are materially important for the domestic market of the Russian Federation and whose export may be temporary...