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Pulp & Paper

News on Russian pulp and paper industry.

Kama PPM started producing base paper for wallpaper production

August 27, 2020 ` 18:38  
The company’s press office informs that papermaking machine No. 7 of Kama PPM (Krasnokamsk, Perm region) produced the first batch of base paper for wallpaper production weighing 80 g/m². New products in batches of 40, 100, and 160...

UPM to restructure several paper businesses

August 27, 2020 ` 18:02  
To ensure future competitiveness of UPM Communication Papers, UPM announces plans for permanent closing of UPM Kaipola paper mill in Finland, sale of UPM Shotton paper mill in Wales and streamlining Communication Papers business function teams. In addition,...

SCA intends to invest in pulp production and initiates consultations to discontinue publication paper

August 26, 2020 ` 18:43  
SCA intends to invest SEK 1,45bn (US $165 million) in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken paper mill in Sundsvall. In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue...

Wood pulp production increased by 6.4% in Russia in Jan-Jul 2020

August 18, 2020 ` 17:13  
According to the data of the Federal State Statistics Service (Rosstat) in Jan-Jul 2020, the output of Russian wood pulp grew by 6.4% YoY to 5.1 million tons. Paper and cardboard production increased over the reporting period as...

Segezha PPM sets a record of paper shipments in July 2020

August 14, 2020 ` 16:30  
In July 2020, Segezha Pulp and Paper Mill (Segezha Group, part of AFK Sistema) increased paper shipments by 50% YoY to 36.000 tons, the press service of Segezha Group reports. The company’s management notes that this is a...

Russian Timber Journal 07-2020: small enterprises are mastering OSB production; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime Minister, proposes to combine the powers of forestry and timber industry in one federal body

Russian Timber Journal 07-2020: small enterprises are mastering OSB production, interview with the head of Rozas LLC, an OSB production newcomer; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime...

COVID-19 impacts revenue and earnings of the Lenzing Group in 1H 2020

August 13, 2020 ` 10:20  
In 1H 2020, the Lenzing Group faced a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis. As a result, revenue declined by 25.6% from EUR 1.09 billion to EUR 810.2...

In 1H 2020, Russian wood pulp exports grew by 5.2%

August 10, 2020 ` 19:03  
According to the Federal Customs Service of Russia, in 1H 2020, the volume of wood pulp exports increased by 5.2% YoY to 1.087 million tons. In value terms, exports fell by 19% YoY to $ 469.1 million. Over...

Andritz had solid business development in 2Q 2020

August 6, 2020 ` 18:31  
The international technology group Andritz reports a largely solid business development for 2Q 2020 taking into consideration the very difficult general economic conditions. While incoming orders fell sharply YoY (-42.2% to € 1.18 billion), sales rose slightly (5.7%...

International Paper reports 2Q 2020 results

August 4, 2020 ` 19:08  
International Paper Company IP reported 2Q 2020 net sales declined to $4,866 million in 2Q from the year-ago quarter’s $5,667 million. The reported figure also missed the Zacks Consensus Estimate of $5,124 million. Adjusted cost of sales was...

Mondi Paper Bags acquires paper bag lines from cement producers in Egypt

July 29, 2020 ` 16:17  
Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will...

Norske Skog: demand drop due to corona pandemic

July 27, 2020 ` 19:08  
Norske Skog’s EBITDA in 2Q 2020 was NOK 138 million ($14.9 million), a decrease from NOK 379 ($41 million) in 1Q 2020, mainly due to national restrictions on movement of goods and people following the outbreak of the...