Tag: Stora Enso

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...

Stora Enso stops all production and sales in Russia

Stora Enso announced that they will stop all production and sales in Russia until further notice. Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia (according to WhatWood, the total annual sawn timber...

Russian Timber Journal 12-2021: the Ministry of Industry and Trade of the Russian Federation discussed the industry’s acute issues with the biggest wood-based panels producers; Ukraine introduces anti-dumping duties on import of particleboards from Russia and Belarus; U.S. homebuilding increased to a nine-month high in December 2021; Kazakh investor is planning to start producing OSB in Russia; sawn timber prices remain at a consistently high level in Russia

Russian Timber Journal 12-2021: the biggest producers of wood-based panel products from Russia discussed their industry’s acute issues and potential solutions with high-ranking officials from the Ministry of Industry and Trade; the Interdepartmental Commission on International Trade of...

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...

Russian Timber Journal 05-2021: Interview with Vadim Vodolazko, General Director of Schmidt & Olofson; The European Commission introduces temporary anti-dumping measures against the import of birch plywood from Russia; Russian Government introduces duties on the export of timber with a moisture content of over 22%; Smurfit Kappa to invest over 1 billion rubles to expand its production in the Leningrad region; Segezha Group and the Republic of Karelia confirm intention to construct a pulp and paper industrial complex

Russian Timber Journal 05-2021: Vadim Vodolazko, General Director of Schmidt & Olofson: “According to our estimates, 10-15% of harvested timber is lost en route from the forest log depot to the mill log yard”; information on preliminary anti-dumping duties...

Russian Timber Journal 04-2021: Possible scenarios of Russia’s unprocessed wood balance after imposing a ban on exports of softwood and hardwood logs; a state company for roundwood export will be established in Russia by the end of 2021; Segezha Group announces pricing of IPO and listing on Moscow Exchange; the European Commission published tentative anti-dumping duties for Russian producers of birch plywood

Russian Timber Journal 04-2021: WhatWood agency about possible scenarios of Russia’s unprocessed wood balance after imposing a ban on exports of softwood and hardwood logs; Yury Trutnev, Deputy Prime Minister and Presidential Envoy in the Far East, declared that...

Stora Enso launches new bio-based binder system

NeoLigno is Stora Enso’s latest addition to the range of products. It is a fully bio-based binder system without formaldehyde and isocyanates. Initial target applications are in particleboards and insulation materials used in the building and construction industry....

Stora Enso launches plan to permanently close pulp and paper production at mills in Kvarnsveden and Veitsiluoto

Stora Enso will enter into co-determination negotiations with employees at the mills in Kvarnsveden in Sweden and Veitsiluoto in Finland regarding a plan to permanently close the pulp and paper production at both plants. The planned closures would...

Setles LLC completed a priority investment project in the forest sector in Karelia

The value of investments in the assets of Stora Enso amounted to 459 million rubles: 388 million rubles were invested in a sawmill and 71 million rubles – in the development of the forest infrastructure. In total, the...

Stora Enso abandoned the intention to expand its production facilities in the Novgorod region

The Finnish company abandoned the intention to update and expand the production facilities of Setnovo LLC, its subsidiary company in the Novgorod region. Investments in the project were estimated at 520 million rubles. According to Novy Prospekt, the...

Russian Timber Journal 03-2021: interview with Oleg Fokin, Commercial Director of Sudoma Sawmill; markets of South Korea and Japan: prospects for the development of wood pellet exports from Russia; U.S. softwood sawn timber prices unchanged from the previous week; timber exporters from Irkutsk are experiencing difficulties in shipping products to China; investments in the Russian forest industry decreased by 9.8% in 2020

Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...