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Tag: timber

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

19 August 2021 ` 11:48  
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 

16 June 2021 ` 18:47  
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%

15 June 2021 ` 10:19  
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

24 May 2021 ` 23:23  
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

18 May 2020 ` 17:39  
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

15 July 2019 ` 13:53  
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

7 July 2019 ` 16:51  
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

24 June 2019 ` 09:15  
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

16 June 2019 ` 10:45  
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...

In the Pestovskiy timber industry complex it will launch a line for the cutting of thick timber

12 May 2019 ` 12:30  
All mechanical and electrical work completed, the press service of the GC “ULK”. In Мay 2019, the employees of the complex will start commissioning, after which the Brenta sawmill will reach its full capacity. Recall that the total...

American manufacturer of sawmill and woodworking equipment Wood-Mizer announces the expansion of production in Indiana

14 March 2019 ` 19:00  
According to the corporate press service, Wood-Mizer announces plans to expand its production facility in Batesville, Indiana. The expansion project, which is scheduled to begin in March 2019, will increase production areas by 53 thousand square feet. Wood-Mizer...