Tag: VLP Group

VLP Group shared the problems of timber cargo logistics with the State Duma

Representatives of VLP Group shared a number of problems with timber cargo logistics at a meeting of the Expert Board on Timber Industry, Woodworking and Pulp & Paper Industry Issues of the State Duma Committee on Industry and...

Russian Timber Journal 09-2024: Interview with Alexey Garmash, CEO, Novomorsnab LLC; Value of investment in the Russian timber industry grew by 40% in Q3 2024; In January—October, the Russian timber harvest increased by 4.2% YoY; Plywood production in Russia has been growing for three consecutive months; Russian furniture may become 15% more expensive because of duties imposed on Chinese hardware; Wood biofuel production in Russia over 10 months of 2024: a sharp surge of wood briquettes and a decline in wood pellet production; Segezha Group shared its financial performance over 9 months of 2024

Russian Timber Journal 09-2024: Interview with Alexey Garmash, CEO, Novomorsnab LLC; Value of investment in the Russian timber industry grew by 40% in Q3 2024; In January—October, the Russian timber harvest increased by 4.2% YoY; Plywood production in Russia...

VLP Podporozhye reached its design harvesting capacity

VLP Podporozhye is VLP Group’s harvesting enterprise in the Leningrad Region purchased from Metsä Group in May 2024. According to VLP’s press office, there are currently six harvesting machines involved in timber harvesting; the plan is to harvest...

VLP Group and Cherepovets Plywood and Furniture Plant will invest 8.5 billion rubles in expanding a particleboard production site at their joint venture

The capacity of Sheksna Wood-Based Panels Plant will almost triple due to implementation of a new investment project on renovating the particleboard production venue, according to VLP Group’s official VKontakte group. The corresponding Agreement was signed between the...

VLP Group purchased all assets of Metsä Group in the Leningrad Region

Vologodskiye Lesopromyshlenniki Group confirmed purchasing a 100% share of Russian assets previously owned by Metsä Group (Finland). The government commission and the Federal Anti-Monopoly Service of Russia approved the deal. The leasehold, harvesting operations, and a sawmill are...

Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third

Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...

VLP Group opened a new production site of planed goods at Kharovsklesprom

The new shop is designed for making planed structural sawn timber with preset parameters for a specific buyer. The investment value was 63 million rubles. The production capacity is 30,000 m³ of planed goods per year.

In 2023, VLP Group harvested 1.3 million m³ of roundwood

“Harvesting is currently in progress in 10 districts of the Vologda Region, in the Ustyansky District of the Arkhangelsk Region, in the Chukhlomskoy District of the Kostroma Region, and in the Malovishersky District of the Novgorod Region. Last...

Alexander Shangin has been appointed CEO of VLP Group

He previously held this office from January 2022 through January 2023.

Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported timber grew by 12.9% in 2023; VLP Group may purchase Metsä’s timber assets in Russia; Ufa Plywood Mill is listed for sale for 1 billion rubles; In 2023, timber transportation by the Russian Railways network reduced by 9.1%, down to 37.1 million t; As of January 1, 2024, the VAT rate for children’s furniture is reduced from 20% to 10%; Saint Petersburg R&D Institute levied 1.3 billion rubles from IKEA after it refused to build the Mega Shopping Mall

Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported...

VLP Group may purchase Metsä’s timber assets in Russia

Novy Prospect reports that negotiations are ongoing with several potential buyers of enterprises that used to be part of Metsä Group (Finland), referencing the Natural Resources Committee of the Leningrad Region. This information was confirmed by Oleg Malashchenko,...

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%

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...