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Russia

Ilim Group invests US$ 1 billion in its Ust-Ilimsk mill in Russia

Ilim Group launches integrated investment project Big Ust-Ilimsk at Ilim's Mill in Ust-Ilimsk, Russia.    [...]

Global softwood lumber prices keep on going up during Q1/2018

Global softwood lumber prices continued their two-year climb in the 1Q/18 with the pace being higher in North [...]

Russian lumber exports grew by 19% during January-April 2018

During the first four months of 2018, the lumber exports from Russia grew in value and in volume. The country [...]

Hasslacher Group to double capacity at Russian sawmill in Malaya Vishera

On the occasion of the state visit of Russian President Putin to Vienna on 5 June, Christoph Kulterer, CEO of [...]

Segezha Group builds CLT plant in Vologda region, Russia

Segezha Group will start the construction of a new CLT-panel plant in Sokol, Vologda region, as it has been [...]

Global trends for the forestry industry in Q1/2018

The Global Sawlog Price Index (GSPI) jumped 5.1% q-o-q in the 1Q/18 to reach its highest [...]

Russia and Japan to collaborate on the construction of a new wood pellet plant

As part of the Russia-Japan Investment Fund (RJIF), the Russian Direct Investment Fund (RDIF) and JBICIG Partners (a subsidiary [...]

World furniture production grows 3% in 2017

According figures presented at the recent CSIL World Furniture Outlook  seminar, world furniture production amounted to over USD 400 billion [...]

Ilim Timber invests in the modernization of 3 kilns at its mill in Russia

Ilim Timber chose Valutec to modernize three of its progressive kilns. Valutec will convert three of Ilim’s existing 1 [...]

Exports of logs from Russia slapped with export duties

Logs exiting Russia’s Far East have been slapped with a 6.5 per cent export duty since last December [...]