Tag: timber

Government of the Russian Federation amended the procedure of identifying checkpoints for exporting certain types of timber

Decree No. 2133 dated 24.11.2022 introduces changes in some statutory instruments to specify the checkpoints for exporting certain types of timber from Russia. The Decree comes into effect on December 26, 2022. Specifically, a new subparagraph amends Decree...

The Government of the Russian Federation endorsed new rates of customs duties for exporting certain types of timber

From January 2 to December 31, 2022, higher export rates will be applied to certain types of timber with moisture content over 22% and thickness and width over 10 cm. For instance, export duties for softwood are established...

1H 2021 timber transportation market review: Growth due to increased demand for forest and pulp & paper produce

According to TransLes analytics center, during 1H 2021 railway timber transportation experienced growth due to an increase in demand for timber and pulp & paper products both in external and domestic markets. As a result, the total volume...

Government of the Tver region to allocate 189 million rubles from the regional public funds to support investment projects in the field of value-added wood processing 

The funds are intended to facilitate the development of the timber industry in the region. Starting from 2021, timber enterprises will be provided with soft loans for the purchase of industrial and harvesting equipment and the construction of...

Russian Government introduces duties on the export of timber with a moisture content of over 22%

The duty rates for softwood and oak timber will be 10% but not less than €13 and €15 per 1 m³ respectively. Earlier, there were no duties for these categories. The export duty rates on beech and ash...

US timber prices hit record high again

Softwood timber and panel (plywood and OSB) prices rose by even more the week of May 7 than they did the week before, indicating that demand for construction framing wood products is not slowing down. In the week...

The situation on the forest products market in 2019 – 1Q 2020 in Russia and the world

In 2019 slowdown in the global economy, geopolitical tensions have pulled a decline in demand for forest products. Prices for most forest products remained at low bases. Only to 1Q 2020, prices on world markets for pulp, plywood,...

From 2023, the Group of companies “ULK” will harvest 6 million cubic meters of wood

Since 2023, ULK Group of companies will harvest 6 million cubic meters of wood, process 4.5 million sawlogs and produce 900 thousand tons of pellets. This was stated by Vladimir Butorin, the owner of the Group of companies...

Otkritie Bank opened a credit line to ULK Group of companies in the amount of $725 million

The line is open for three years, until December 25, 2026. These funds will be used for current business and investment projects of ULK Group – the Russian largest timber procurement and production holding. For 2020, ULK Group plans...

The Ministry of industry and trade included the investment project of TPK “Vostok-Resurs” in the list of priorities

On June 11, 2019, the Minister of industry and trade of the Russian Federation Denis Manturov signed the corresponding order on inclusion of the investment project of TPK “Vostok-Resurs” LLC in the list of priority projects in the...

May 2019 was a record month for Lesosibirsky LDK №1 for the main production indicators for the last three years

More than 76 thousand cubic meters of roundwood were used for sawmill production, which is 20% more than in May 2016.  The best indicators were also the volume of drying and shipment of finished products – more than...

Russian Timber Journal №04-2019: In 2018, the world sawn timber trade fell for the first time in five years; analytical study of WhatWood on the market of raw timber in Russia; decline in prices and volumes of trade in sawn timber on world markets; another record of China’s imports of round timber

Russian Timber Journal №04-2019: Russian Timber Journal 04-2019: In 2018, the world sawn timber trade fell for the first time in five years; WhatWood’s interview with CEO of RFP Group Dmitry Valtfogel; disbalance between the demand and supply...