Tag: Segezha Group

Russian Timber Journal 09-2024: Interview with Alexey Garmash, CEO, Novomorsnab LLC; Value of investment in the Russian timber industry grew by 40% in Q3 2024; In January—October, the Russian timber harvest increased by 4.2% YoY; Plywood production in Russia has been growing for three consecutive months; Russian furniture may become 15% more expensive because of duties imposed on Chinese hardware; Wood biofuel production in Russia over 10 months of 2024: a sharp surge of wood briquettes and a decline in wood pellet production; Segezha Group shared its financial performance over 9 months of 2024

Russian Timber Journal 09-2024: Interview with Alexey Garmash, CEO, Novomorsnab LLC; Value of investment in the Russian timber industry grew by 40% in Q3 2024; In January—October, the Russian timber harvest increased by 4.2% YoY; Plywood production in Russia...

Russian Timber Journal 08-2024: Interview with Alexey Lyapunov, Head of Export Sales to Africa at Sveza; Sawlogs preservation experience of timber harvesting companies — analytical paper; European Union postponed the Deforestation-Free Regulation (EUDR) by one year; European Union launches anti-dumping investigation into Chinese plywood imports; Plywood production in Russia increased by 4.6% in January – September 2024; Over 9 months of 2024, furniture production in the Northwestern Federal District increased by 23% in monetary terms; Russian pellets will start supplying to China; Segezha Group intends to raise up to 101 billion rubles during the planned additional share issue

Russian Timber Journal 08-2024: Alexey Lyapunov, Head of Export Sales to Africa at Sveza: “Timber companies need reliable payment channels to enter new markets successfully”; Sawlogs preservation experience of timber harvesting companies — this material was prepared by WhatWood analysts...

Segezha Group is replacing parts for maintenance of European equipment at Segezhsky PPM

Segezhsky PPM is working on import substitution of spare parts and components for process equipment that have been purchased in EU countries earlier, according to the Telegram channel of Segezha Group, the mill’s parent company. One of the...

Segezha Group will install Russian equipment at sorting lines at Lesosibirsky LDK No.1

Lesosibirsky LDK No.1, one of the largest enterprises within Segezha Group in the Krasnoyarsk Region, started replacing the Almab plank quality assurance system at the dried sawn timber sorting line (by Almab Storvik AB, Sweden), says the Group’s...

Russian Timber Journal 07-2024: Interview with Timur Irtuganov, Director General, AFWIER; Slow economic revival in the Russian timber industry is beginning to fade; Russian plywood production grew by 3.9% over 8 months of 2024; Legal liquidation of Baykalsky PPM is completed; Retail furniture sales in Russia grew by 10% in H1 2024; Timber trading volume at SPIMEX exceeded 4 million m³; More than 3 million m³ of sawn timber has been exported from the Krasnoyarsk Region since the beginning of 2024; Birch plywood export from the Kirov Region to China increased by 5 times

Russian Timber Journal 07-2024: Interview with Timur Irtuganov, Director General, AFWIER; Slow economic revival in the Russian timber industry is beginning to fade; Russian plywood production grew by 3.9% over 8 months of 2024; Legal liquidation of Baykalsky PPM is completed; Retail...

Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader; Rosleskhoz published final harvesting volumes performance by Russian regions; U.S. nearly doubles duty on Canadian softwood lumber; Sveza purchased Kama PPM; Segezha Group will issue new shares; Ministry of Industry and Trade included a wood processing project by Forest Travel LLC in the list of priority projects; new plywood production facilities were commissioned in the Khabarovsk Region; a Chinese investor will start producing veneer and plywood in the Perm Region by the end of 2024; furniture production in the Northwestern Federal District grew by over 20% in H1 2024

Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader: “The supply of sawn timber currently exceeds the demand”; Rosleskhoz published final harvesting volumes performance by Russian regions: the Russian timber harvest has been reducing for...

Segezha Group will issue new shares

During a teleconference with investors about the Q2 2024 financial reporting indicators, Alexander Kreshchenko, President of Segezha Group, reported that the Group’s management team had decided to issue new shares. The details are to be provided in the...

Segezha Group and KAMAZ signed a letter of intent on supplying and developing a line of harvesting machines

Segezha Group and KAMAZ signed a letter of intent on pursuing mutually beneficial cooperation within the program of testing, fine-tuning pilot specimens, supplying, and organizing maintenance of harvesting machines. The interaction between the two companies will mostly be...

Segezha Group: the Chinese market remains one of the company’s priority sales destinations

Most of the company’s products are represented in the Chinese market, as shared by Segezha Group’s press office in the corporate Telegram channel. This is primarily sawn timber, for which China is in fact the key market, accounting...

Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”

In Q1 2024, the Russian timber industry was still recovering after the shocks of 2022. Nevertheless, some positive trends of leaving the sanctions-related crisis behind are gradually emerging in the industry. This has been noted by major timber...

Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third

Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...

Russian Timber Journal 03-2024: Interview with Evgeny Peshin, Head of Neoparma LLC; a shortage of high-quality raw material for plywood may emerge in the Russian market; Segezha Group published its financial and operational performance results for Q4 2023; International Paper acquires DS Smith for $7.2 billion; Russian timber harvest reached 188 million m³ in 2023; built-in furniture may be included in the mortgage amount; in 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t; in 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles

Russian Timber Journal 03-2024: Evgeny Peshin, Head of Neoparma LLC: “Our line is designed for small and medium companies, and this category of entrepreneurs has no access to investment funds”; a shortage of high-quality raw material for plywood may emerge...