Tag: Technonicol
Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”
7 December 2023 ` 17:31
Technonicol is an example of how large Russian companies are trying to diversify their businesses by investing in timber industry assets. In January 2023, the group purchased four woodworking enterprises in different Russian regions for a total of... Russian Timber Journal 09-2023: Interview with Oleg Fokin, Director for Timber Export at Technonicol; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late 2022, when they reached record highs; Timber products export by trucks to Mongolia and China was allowed for two more years; Segezha Group announces financial and operating results for Q3/2023; Ministry of Industry and Trade suggested cancelling the export duty on pulp and paper products; Russian furniture output surged; Over 9 months of 2023, the Russian roundwood export to EEU countries grew by almost 15%
5 December 2023 ` 16:51
Russian Timber Journal 09-2023: Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late... Technonicol purchased a timber enterprise in Belarus
23 August 2023 ` 11:35
Technonicol closed the deal on purchasing SWOODS Export, a subsidiary of VMG Group (Lithuania) in Borisov (Minsk Region), as reported by the corporation’s press office. The company is considering the possibility of implementing technologies for production of planed... 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
9 February 2023 ` 12:57
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...