Tag: Segezha Group

Segezha Group is growing its assets in the Krasnoyarsk Region

Segezha Group purchased Taiga LLC and Yeniseyskiye Polya in the Krasnoyarsk Region from Rockwell Capital via Segezha Sibir, its subsidiary, in order to build a pulp and paper mill in Lesosibirsk, as reported by RBC referencing a Segezha...

Russian Timber Journal 11-2021: Interview with Metin Mete, General Manager at HAYAT Russia; U.S. has decided to almost double the duties on Canadian softwood lumber; U.S. homebuilding surged to an eight-month high in November 2021; Government of the Russian Federation approved the purchase of 75% of RFP Group by a Japanese investor; Russian Railways reports a significant reduction of timber cargo export from Russia in December

Russian Timber Journal 11-2021: Metin Mete, General Manager at HAYAT Russia: “The whole market of paper tissue products is growing by an average of 5% a year”; U.S. has decided to almost double the duties on Canadian softwood lumber...

Segezha Group confirms the quality of its CLT panels by obtaining the Conformité Européenne (CE) certificate

The Sokol CLT plant belonging to Segezha Group has successfully passed Conformité Européenne certification for its cross-laminated timber (CLT) panels. The CE certificate was obtained after a field audit performed by employees of HolzForschung Austria, the largest Austrian...

Sistema completes sale of minority stake in Segezha Group

Sistema PJSFC announces the closing of the sale of 8.7% of the ordinary shares of PJSC Segezha Group to Bonum Capital Ltd for $150 million. Following the closing of the transaction, Sistema PJSFC stake in the share capital...

Segezha Group completes acquisition of Inter Forest Rus

Segezha Group announces that it has completed the acquisition of LLC Inter Forest Rus from Bonum Capital Ltd. Inter Forest Rus, which comprises 24 forest industry assets and a substantial forest resource base in the Krasnoyarsk and Irkutsk...

Lesosibirsky LDK No.1 has completed procurement procedures for modernization equipment

Lesosibirsky LDK No.1 JSC (Segezha Group) has concluded the entire scope of contracts for the supply of equipment to build new and modernize the existing production facilities at the mill. The cost of the equipment exceeds 3 billion...

Segezha Group announced a project of first multi-storey houses made of CLT panels in Russia

Mikhail Shamolin, President of Segezha Group, announced at “Russian Forest” 26th International Forum and Exhibition that the Group was going to build a residential estate of two four-storey houses in Sokol, Vologda Region, for their employees’ families. The...

Segezha Group expands biofuel production in Siberia

Lesosibirsk Sawmills and Woodworking Plant (LDK No.1), part of Segezha Group, has signed a contract with AS Hekotek, Estonia, for supplying a set of equipment for its pellet production facility. The launch of the facility is planned for...

Segezha Group to build a new glulam plant in Karelia

Segezha Group is planning the construction of a glued laminated timber plant in the town of Segezha in the Republic of Karelia. Investment in the project will amount to some RUB 13.4 billion. The plant’s output will be...

Segezha Group to install cutting-edge wastewater treatment facilities at Sokol Pulp and Paper Mill

Segezha Group is planning to construct its own treatment facilities at Sokol Pulp and Paper Mill in the Vologda Region. Investments in the project which includes the construction works are estimated at around RUB 2 billion. The biological...

Segezha Group introduces CLT to the European market

The Sokol CLT plant located in Vologda Oblast is the first Russian enterprise to pass the European Technical Assessment (ETA) on product performance. The ETA of the plant has been conducted by the Austrian Institute of Construction Engineering...

Russian Timber Journal 09-2021: Interview with Tapani Kiiski, President and CEO of Raute Corporation; current situation in the roundwood market, industry’s opportunities and restrictions from 2022; Segezha Group agrees to acquire forestry assets in Siberia for $515 million; Ikea expects shortages due to supply-chain crisis until mid-2022; Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region

Russian Timber Journal 09-2021: Tapani Kiiski, President and CEO of Raute Corporation: “The Russian market has been among the most important ones for Raute over the past 10 years”; current situation in the roundwood market, industry’s opportunities and restrictions...