Tag: Segezha Group

Russian plywood prices grew for the first time since February 2019

According to the Federal State Statistics Service, the average producer’s price of Russian plywood in the domestic market in May increased by 7.8% YoY to 26,595 rubles / m³ ($ 365). Export prices up to 12.4% YoY to...

Segezha Group announces IFRS results for Q1 2020

The Company’s revenue dropped by 1.1% to RUB 14.3bn. OIBDA in Q1 2020 is down 33.6% YoY to RUB 2.6bn. The key factor that had a negative impact on the Group’s financial results is the decrease in paper...

In 1Q 2020, Sokolsky PPM sales rose by 8.7%

In 1Q 2020, sales profit of Sokolsky Pulp and Paper Mill (part of the Segezha Group) increased by 39.8% YoY to 35.2 million rubles. Revenues for the same period increased by 8.7% YoY to 295.2 million rubles. The...

In January-April 2020, Onega LDK (part of Segezha Group) increased the sawn timber export by 30%

In January-April 2020, Onega LDK increased the sawn timber production by 3.1% yoy to 79,344 m³, exports for the same period increased by almost 30% to 51,360 m³, Segezha Group reports. The plant ships sawn timber to containers...

Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...

Segezha Group is on the rise of log supply chain

At the beginning of 2020, Segezha Group acquired a sawmill asset of Karelian Wood Company, which has leased forest areas (please refer to the issue Russian Wood Resources Report 01-2020). In addition to additional 205,000 m3/y by AAC,...

Fuel Pellet Plant Second Stage Launched in Lesosibirsk

The second stage of KsilotekSibir LLC fuel pellet plant has been launched five months in advance of the project schedule at the manufacturing site of Lesosibirsky LDK No. 1 JSC, asset of Segezha Group (part of Sistema JSFC). The...

Ministry of Economic Development updated the list of systemic enterprises of Russia

The final list comprises 646 companies. Among timber companies, there are: Ilim Group Mondi Syktyvkar LPK Gotek Segezha Group Arkhangelsk Pulp and Paper Mill Dallesprom Kondopoga Sveza These companies will be eligible to apply for state aid; enlistment...

Russian Timber Journal 02-2020: Russia: wood pellet exports grew by 28% and totaled almost 2 million tons in 2019; the Russian Government to consider the creation of a separate forest ministry in Russia; abnormal temperature undermined harvesting enterprises of the Leningrad region; the Ministry of Industry and Trade is agreeing on the ban on government purchases of foreign furniture with other departments

Russian Timber Journal 02-2020: In 2019, wood pellet exports from Russia showed the highest growth pace among all export-oriented forest products; Mikhail Mishustin instructed the Government to consider the creation of a separate forest ministry in Russia; the...

Russian Timber Journal 01-2020: Russia: the strongest decline in exports of logs since 2008 continues; In 2019, exports of sawn timber from Russia to China exceeded 20 million m3; Uranium One Expands Geography of Wood Pellets Sales; Vietnam bans import of Chinese plywood

Russian Timber Journal 01-2020: Primary data on forest products production in 2019 shows a growth in the production of mechanically processed wood products amidst a decline in the pulp and paper industry by almost any measure. Russia continues...

Karelian Wood Company LLC Becomes Part of Segezha Group

Karelian Wood Company LLC, a logging and wood processing enterprise, has been officially included in the forest industry Segezha Group (part of Sistema JSFC), said Vladimir Vinogradov, member of the Board and Vice President for Strategy and Business...

Russian Timber Journal 12-2019: in 2019, plywood production in Russia showed a positive trend; U.S. and China reach “phase one” trade deal; WRQ: Q3’19 global softwood lumber trade on track to be higher than 2018; Moody’s 2020 outlook for the global paper and forest products industry remains negative

Russian Timber Journal 12-2019: in 2019, plywood production in Russia showed a positive trend; U.S. and China reach “phase one” trade deal; WRQ: Q3’19 global softwood lumber trade on track to be higher than 2018; Moody’s 2020 outlook...