Segezha
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Segezha inaugurates Galich plywood mill in Russia; considers selling its European assets
Segezha Group officially opened the Galich plywood mill, which is one of the largest greenfield projects in the Russian timber industry, the company's press service reports. The total investment amounted to more than 12 billion rubles (EUR 163 million). This is the first production of plywood in the size "maxi" (7x13 feet) in Russia. The design capacity is 125 thousand m³ of products per year. Taking into account logging and reforestation, the enterprise will provide jobs for about 1 thousand people. To provide the plant with timber, the company leases in the Kostroma region. about 700 thousand hectares of the forest fund with an allowable cutting area of about 1.5 million m³ of wood per year. In related news, Segezha Group is considering selling its European assets or forming joint ventures with a minority stake. The company has already received three offers from... Continue reading →
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December 20, 2022
Segezha inaugurates Galich plywood mill in Russia; considers selling its European assets
Segezha Group officially opened the Galich plywood mill, which is one of the largest greenfield projects in the Russian timber industry, the company's press service reports. The total investment amounted to more than 12 billion rubles (EUR 163 million). This is the first production of plywood in the size "maxi" (7x13 feet) in Russia. The design capacity is 125 thousand m³ of products per year. Taking into account logging and reforestation, the enterprise will provide jobs for about 1 thousand people. To provide the plant with timber, the company leases in the Kostroma region. about 700 thousand hectares of the forest fund with an allowable cutting area of about 1.5 million m³ of wood per year. In related news, Segezha Group is considering selling its European assets or forming joint ventures with a minority stake. The company has already received three offers from... Continue reading →
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December 20, 2022
Segezha inaugurates Galich plywood mill in Russia; considers selling its European assets
Segezha Group officially opened the Galich plywood mill, which is one of the largest greenfield projects in the Russian timber industry, the company's press service reports. The total investment amounted to more than 12 billion rubles (EUR 163 million). This is the first production of plywood in the size "maxi" (7x13 feet) in Russia. The design capacity is 125 thousand m³ of products per year. Taking into account logging and reforestation, the enterprise will provide jobs for about 1 thousand people. To provide the plant with timber, the company leases in the Kostroma region. about 700 thousand hectares of the forest fund with an allowable cutting area of about 1.5 million m³ of wood per year. In related news, Segezha Group is considering selling its European assets or forming joint ventures with a minority stake. The company has already received three offers from... Continue reading →
Popular this Month
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November 15, 2021
Segezha to build new glulam plant in Karelia, Russia -
October 13, 2021
Segezha to become a global forestry giant with Bonum acquisition -
June 7, 2021
Segezha Group sends first lumber container train from Russia to China
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June 7, 2021
Segezha Group sends first lumber container train from Russia to China
On May 21, the Arkhangelsk-based company Onega Sawmills - part of the Segezha Group - sent its first high-speed container train via Grodekovo to Ganzhou Guojigang. Sixty-two forty-foot containers, carrying a total of 2,850 cubic meters of export lumber, were shipped to the Chinese customers. Haulage is organized by Swift-Rus Ltd. Once the containers reach the border, they will be loaded onto Chinese rail cars which will take them to their destination. "The dispatch of the first container train to China by Onega Sawmills is an important step, which allows to switch part of the cargo traffic to direct railway communication and remove the corresponding cargo volumes from the traditional sea route through St. Petersburg”, comments Andrey Yudin, Director of Logistics of Segezha Group PJSC. "The container train to China consists of several batches of lumber for different customers... Continue reading →
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December 20, 2022
Segezha inaugurates Galich plywood mill in Russia; considers selling its European assets
Segezha Group officially opened the Galich plywood mill, which is one of the largest greenfield projects in the Russian timber industry, the company's press service reports. The total investment amounted to more than 12 billion rubles (EUR 163 million). This is the first production of plywood in the size "maxi" (7x13 feet) in Russia. The design capacity is 125 thousand m³ of products per year. Taking into account logging and reforestation, the enterprise will provide jobs for about 1 thousand people. To provide the plant with timber, the company leases in the Kostroma region. about 700 thousand hectares of the forest fund with an allowable cutting area of about 1.5 million m³ of wood per year. In related news, Segezha Group is considering selling its European assets or forming joint ventures with a minority stake. The company has already received three offers from... Continue reading →
Popular this Month
-
November 15, 2021
Segezha to build new glulam plant in Karelia, Russia -
October 13, 2021
Segezha to become a global forestry giant with Bonum acquisition -
June 7, 2021
Segezha Group sends first lumber container train from Russia to China