Russia, an oil giant, goes big on timber

Segezha Group was already a leader at home and abroad in paper-based packaging and various wooden construction products. Now it has launched the first factory in Russia to manufacture cross-laminated timber (CLT) panels, which thanks to the layers of wood being glued at right angles, are rigid enough to build multi-storey buildings. The use of CLT for buildings is increasingly popular in Europe but still niche in Russia, where firms hope it will be approved by regulators in the coming months. In the meantime, Segezha is busy exporting to Germany, Austria, Italy and Japan.

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