Tag: Stora Enso

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 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported timber grew by 12.9% in 2023; VLP Group may purchase Metsä’s timber assets in Russia; Ufa Plywood Mill is listed for sale for 1 billion rubles; In 2023, timber transportation by the Russian Railways network reduced by 9.1%, down to 37.1 million t; As of January 1, 2024, the VAT rate for children’s furniture is reduced from 20% to 10%; Saint Petersburg R&D Institute levied 1.3 billion rubles from IKEA after it refused to build the Mega Shopping Mall

Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported...

Russian Timber Journal 07-2023: interview with Segezha Group President Mikhail Shamolin after the announcement of the company’s financial and operating results for Q2 2023; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces agreement to sell Mondi Syktyvkar; transaction on International Paper stake buyout by Russian shareholders is closed; Cherepovets Plywood and Furniture Plant and VLP Group have completed a major investment project on building a plywood mill in the Vologda region; Association of Furniture and Woodworking Enterprises of Russia: in H1 2023, the Russian furniture output increased; President of the Russian Federation instructed to accelerate the issuance of documents for building multi-story wooden houses

Russian Timber Journal 07-2023: Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces that it has entered into an...

Russian Timber Journal 05-2023: interview with Andrey Yudin, Logistics Director of Segezha Group; regional authorities ask to support the Russian timber enterprises due to the persisting tense situation in the industry; the Government of the Russian Federation extended the list of checkpoints along the land border with Kazakhstan authorised to process exports of timber products; Ilim Group became the largest timber harvesting enterprise in Russia in 2022; VLP Group to invest 2.6 billion rubles in Hasslacherles’ former enterprise; Segezha Group sold its European paper packaging enterprises for €100 million; L-PACK to invest over 10 billion rubles to build a corrugated cardboard plant in the Moscow region

Russian Timber Journal 05-2023: Andrey Yudin, Logistics Director of Segezha Group: “We are witnessing a serious imbalance between the freight traffic flows and the availability of transport means”; the Arkhangelsk Regional Assembly of Deputies (AOSD) held an expanded meeting of...

Russian Timber Journal 02-2023: interview with Yuri Strezhen, CEO at Praktika Group; state support measures for the Russian timber industry affected by the sanctions pressure; China reduced log imports from all the main suppliers in 2022; Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber; the Government of the Russian Federation increased the maximum amount of compensation for the expenses of timber enterprises for the transportation of their products; in 2022, Russia reduced the volume of logging by 13.5% to 194.6 million m³, according to Roslesinforg; Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan; International Paper reaches agreement to sell ownership interest in Ilim joint venture; Segezha Group may reorient the Segezha West project to new products; the volume of furniture export from Russia dropped by 39% YoY in 2022, down to 29.5 billion rubles; Luzales and Slotex acquire Russian assets of IKEA

Russian Timber Journal 02-2023: Yuri Strezhen, CEO at Praktika Group: “This is a good time to improve the efficiency of both production and administrative processes of enterprises”; support measures mentioned by the business, relevant agencies, regions, the Government...

Russian Timber Journal 01-2023: interview with Valeriy Sergeevich Sukhanov, D. Eng., Honored Worker of the Russian Forest Industry; in 2022, the sawn timber export from Russia dropped to an 8-year low; North American companies continue to cut sawn timber production; the Government of Russia allowed transportation of roundwood and sawn timber to EAEU countries; in 2022, the Russian export of timber products reduced by two times and railway transportation, by 22%; over 25 billion rubles’ worth of transportation costs of industrial products export will be subsidized in 2023

Russian Timber Journal 01-2023: Valeriy Sergeevich Sukhanov, D. Eng., Honored Worker of the Russian Forest Industry: “The Russian timber industry has degraded”; in 2022, the export of sawn timber from Russia dropped by 22% YoY, down to 23.5 million...

Russian Timber Journal 10-2022: Top 100 Russian timber industry companies in 2021; sawn timber transit through Kazakhstan is banned for Russian exporters; Government of the Russian Federation is planning to set the priorities of sawn timber transportation eastwards by railway; Russia increased its plywood production for the first time in a long while; timber harvest in the Vologda Region dropped by a third in Q2 – Q3 2022; Pestovsky LPK suspends production

Russian Timber Journal 10-2022: WhatWood Analytics Agency prepared the next rating of TOP 100 Russian timber industry companies in 2021; Russian timber enterprises are asking the authorities to lift the restrictions on transiting dried sawn timber through Kazakhstan...

Russian Timber Journal 09-2022: Interview with Vadim Fidarov, Government Relations Manager, Wooden Housing Construction Association; will the Russian market of wooden housing construction be able to compensate for the lost export of sawn timber; EU bans imports of wood pulp and paper from Russia; Egypt imports Russian plywood at record-setting rates; over 9 months of 2022, Russian plywood output reduced by a fourth; Segezha Group reviewed the priority of building new pulp and paper mills in Karelia and the Krasnoyarsk Region; Russian printing houses may shut down due to a shortage of western equipment

Russian Timber Journal 09-2022: Vadim Fidarov, Government Relations Manager, Wooden Housing Construction Association: “Private housing projects are a market of cut-throat competition”; will the Russian market of wooden housing construction be able to compensate for the lost export...

Stora Enso divests its packaging operations in Russia

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,...

Russian Timber Journal 05-2022: interview with Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users operating LesEGAIS; plywood production continues to decline in Russia; Valmet’s withdrawal from Russia is progressing; Rehau to withdraw business in Russia

Russian Timber Journal 05-2022: Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group: “Substantial assistance to systemically important federal-level enterprises is currently non-existent”; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users...

Stora Enso divests its sawmills and forest operations in Russia

Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through...

Russian Timber Journal 02-2022: interview with Jean-Francois Guilbert, Managing Director of FrenchTimber; survey of WhatWood clients on 2021 performance and prospects for 2022; how anti-Russian sanctions will affect the Russian timber industry; Government of the Russian Federation articulated support measures for the timber industry; ULK Group suspends construction of Pinezhsky LPK; some foreign timber companies suspend their activities in Russia

Russian Timber Journal 02-2022: Jean-Francois Guilbert, Managing Director of FrenchTimber: “Sawn timber prices have been stable for 20 years so they’re catching up now”; WhatWood surveyed its clients — actors in the Russian timber industry market – in order...