In Russia OSB will substitute low grade lumber.

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Pöyry: in 2017-2022 AAGR in Russian OSB market estimated at 5%

Russia is decreasing its share in world plywood production, reported Lesnaya Industriya Daily quoting Cormac O'Carroll, Head of Management consulting in woodworking at Pöyry. 'Russia has all opportunities to supply production with birch logs and to increase production volumes', - said Cormac O'Caroll. In 2017-2022, Pöyry expects 4.2% average annual growth rate of particle board market in Europe and 2.7% in Russia. Company forecasts the AAGR in Russian OSB market of 5%.'In Russia OSB will substitute low grade lumber. According to Pöyry, the consumption of lumber in Russia is estimated at 10 million m3. 'OSB wins at lumber on the manufacturing expenses. And "bite off" of these 10 million m3 - very profitable', said Cormac O'Caroll.