Search Results for: russia

Russia’s invasion of Ukraine is likely to impact global trade in the coming months. Increased sanctions against trading with Russia and difficulty with financial transactions will probably interrupt and re-direct shipments of forest products throughout the world. As a result, trade with Russia will likely decline, impacting long-established international trade flows of forest products. Countries[…]

Metsä Group press release 3 March 2022 Metsä Group’s only plant in Russia, the Svir sawmill, has been suspended. Wood procurement in Russia for Svir sawmill and Metsä Group’s Finnish and Swedish factories has also been driven down. METSÄ GROUP Inquiries: Juha Laine, Communications Director, Metsä Group, tel. +358 10 465 4541 Metsä Group www.metsagroup.fi[…]

Ponsse Plc has decided today to discontinue temporarily all export operations to Russia and Belarus for both PONSSE forest machines and their spare parts. Also the Ponsse Group’s Russian subsidiary OOO Ponsse is discontinues temporarily its local spare parts and service operations. Sales in Russia and Belarus account for about 20 percent of the company’s[…]

Russian Luzales, one of the largest sawmill groups in the Komi Republic, invests in two more TC continuous kilns to its sawmill in Syvyktar. It is the group’s third investment in Valutec TC kilns in five years. ”Valutec is a reliable and time-tested partner. We get full-scale technical support, guaranteed value and immediate help with[…]

Ponsse has invested more than €2 million in the construction of a new service centre in Tomsk, West Siberian, Russia. The grand opening of the new service centre took place on 11 November 2021. Large stocks and an efficient logistics system guarantee customers short service times and fast spare parts deliveries. The investment aimed to create[…]

China is the world’s largest importer of softwood and hardwood logs, and for many decades, Russia has been a significant log supplier for them. This relationship may change in 2022 if Russia implements their proposed ban on exports of softwood logs and valuable hardwood logs, while also introducing export taxes on green lumber. All these[…]

On 25 February, Segezha Group President Mikhail Shamolin visited Sokol in Vologda Oblast to oversee the grand opening of Segezha Group’s cross-laminated timber (CLT) plant. The plant is the first industrial-scale production facility to manufacture the innovative building construction material. The factory is located at Sokol Woodworking Plant (S-DOK JSC), a leading producer of laminated[…]

Russia exported 15 million m3 of logs in 2020, which accounted for almost 12% of globally traded roundwood. Much of this trade may come to a halt next year when a new law proposed by Russia’s president will ban the exportation of softwood logs and high-value hardwood logs as of January 1, 2022. The Russian government is also considering new[…]

Russia’s ULK Group is investing close to 400 million euro in one of the country’s biggest sawmill investments in modern times. Their ambition is to have one of the world’s largest and most modern sawmills, with an annual capacity of more than 1 million cubic meters (425,000 MBF) sawn timber and 600,000 t pellets annually,[…]

Segezha Group, one of the leading Russian wood processing company, intends to build new CLT plant in Arkhangelsk region, said Mikhail Shamolin, president of Segezha, at the meeting with Arkhangelsk governor. Segezha expects a CLT plant to be operational by 2023 with capacity of 50 thousand m3. Company plans to spend $25.5 million (1.8 billion[…]