Tag: UPM

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 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...

Unscheduled stops at two UPM pulp mills in Finland

The tightness that can be witnessed on the European pulp market has been aggravated after two pulp mills of UPM had to temporarily stop production. Due to technical problems, UPM had to suspend production at two Finnish pulp...

Russian Timber Journal 01-2021: Dmitry Rudenko, Vice President of Segezha Group: demand for wooden houses currently exceeds the productive capacity; the Ministry of Industry and Trade of Russia held the IV LPK 360° Timber Industry Forum themed A New Era of Development as part of the measures for the development of the timber industry; the Government approved the RF Forest Sector Development Strategy until 2030; how soon will Russia become the world’s largest wood pellet supplier?

Russian Timber Journal 01-2021: WhatWood Agency interviewed Dmitry Rudenko, Vice President of Segezha Group, about the expectations for wooden housing construction and the CLT construction technology that is relatively new for Russia; WhatWood Agency summarizes key theses of the plenary...

UPM plans a new biorefinery

Forest company UPM is starting the basic design phase of a new biorefinery. The design examines the attractiveness of the business, selects the technology option and assesses the need for investment. In addition, two main location options are...

Russian Timber Journal 12-2020: Andrey Konoplev, General Director of Group Vologodskiye Lesopromyshlenniki, on the implications of the roundwood export ban being introduced from 2022 onwards; Luzales plans to build an MDF plant worth 5 billion rubles; the Ministry of Industry and Trade may introduce a temporary ban on the export of particleboards from Russia; analysis of the current situation in the particleboard, laminated particleboard, MDF market

Russian Timber Journal 12-2020: WhatWood interviewed Mr. Andrey Konoplev, General Director of Group Vologodskiye Lesopromyshlenniki, about the ban on the export of unprocessed timber to be introduced from 2022; Luzales agreed on the conditions for the construction of an MDF...

Russian Timber Journal 11-2020: projected construction of a timber industry complex on the Sakhalin island, Russia, will have the capacity to process over 1.2 million m³ of raw material per year; a significant rise in prices for particleboards is being observed in Russia; interview with Yury Shishkunov, Head of LesoTorgovaya Companiya LLC; Russian sawn timber exports to Japan in 2020, results and outlook

Russian Timber Journal 11-2020: by the directive of the Sakhalin regional government, it is planned to construct one of the largest wood processing centers in all of Russia; Russian retail prices for particleboards began to rise; Yury Shishkunov: “If...

Russian Timber Journal 09-2020: how a ban on exports of softwood and hardwood logs and precious hardwood will impact the Russian timber industry; the Government of the Russian Federation is adopting measures to encourage wood processing; interview with Alexey Ryzhikov, Saint Petersburg International Mercantile Exchange (SPIMEX) CEO; EU to launch anti-dumping procedure for birch plywood imports from Russia

Russian Timber Journal 09-2020: Vladimir Putin gave a directive to introduce a ban on exporting unprocessed or roughly processed timber products from Russian as of January 1, 2022, how this decision will impact the Russian timber industry; the Government of...

Russian Timber Journal 08-2020: Ranking of Top 100 Russian timber industry companies in 2019: slowing down as global economy growth decelerates; interview with Management at Metadynea – Russia’s largest synthetic resins producer; the Russian wood-based panel sector is trying to recover from the recession of the coronavirus crisis

Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over...

UPM to restructure several paper businesses

To ensure future competitiveness of UPM Communication Papers, UPM announces plans for permanent closing of UPM Kaipola paper mill in Finland, sale of UPM Shotton paper mill in Wales and streamlining Communication Papers business function teams. In addition,...

Russian Timber Journal 07-2020: small enterprises are mastering OSB production; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime Minister, proposes to combine the powers of forestry and timber industry in one federal body

Russian Timber Journal 07-2020: small enterprises are mastering OSB production, interview with the head of Rozas LLC, an OSB production newcomer; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime...

UPM: Sales decreased by 20% to EUR 2,077 million in Q2 2020

Sales decreased by 20% to EUR 2,077 million due to lower deliveries of graphic papers and lower pulp and paper sales prices. Comparable EBIT decreased by 41% to EUR 203 million, and was 9.8% of sales.