Russia reduces production of wood pellets by 10% due to lack of export markets
At the end of 2021, about 2.5 million tons of wood fuel pellets were produced in Russia. However, in 2022, local factories have significantly reduced production. Ekaterina Mikhailova, Executive Director of the Russian Pellet Union (RPS), says: “At the beginning of June, about 10% of pellet plants suspended production. There was a logistical collapse both in the water and automobile direction, and in the railroad. After July 10, there is a risk of suspension of 90% of production due to the lack of export prospects: the capacity of the available market in the eastern direction (South Korea ...
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