Russia continues expanding presence in Asia with Sylva Wood

Sylva Wood 2018, the international wood products exhibition, has concluded. Held in Shanghai from the 25th to the 27th of June, the tradeshow brought 116 timber processing companies from China, the United States (U.S.), Canada, Sweden, Malaysia, France, among others together.

From Russia, large companies and manufacturers presented their deep processing timber products ranging from glued laminated timber, construction materials for wooden house construction, pellets, plywood, OSBs, MDFs, finishing floor and wall materials.

Successfully presenting under the banner “Russian Timber Industry”, once again, participants noted the advantages of operation in this format: The single stand allows Russian companies to stand out against other suppliers.

“In the next decade, the demand for wooden products will grow, mainly in the Asia-Pacific countries. Today, for the export of Russian deep-processing timber products, this is a priority. In this regard, the participation of our companies in Sylva Wood is another step towards expanding the strategic partnership for Russia,” Viktor Evtukhov, State Secretary, Deputy Minister of Industry and Trade of the Russian Federation emphasised.

Much like in 2017, the 2018 exhibition proved its worth for Russian companies. A number of successful negotiations with foreign partners took place, with a signed between Russian manufacturing company Ustyanskiy Timber Industry Complex LLC (RusTimber™) and the large Chinese company Xiamen BNBM Group for the supply of 10,000 m3 of spruce timber for a total of $2.7 million.

During the visit to China, Russian companies also visited port warehouses in Taicang, Suzhou, where a business meeting was held with representatives of Taicang Timber & Wood Products Distribution Association.