Tag: corrugated packaging

Sibtara Company is planning to increase its production capacity

Sibtara Company LLC (Altay Region) that produces corrugated packaging intends to commission a new production line by the end of 2023, reports Interfax Siberia referencing Yury Skhomenko, founder of Sibtara. After the expansion, the production output will increase...

A new corrugated packaging production site worth 4 billion rubles to open in Adygea

As the press office of the head of Adygea reports, SFT Group is going to build a new corrugated packaging plant in an industrial park in the Takhtamukaysky district. According to the company’s management, the new enterprise will...

Stora Enso divests its packaging operations in Russia

Stora Enso has divested its three corrugated packaging plants in Russia. The Company’s Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management. Stora Enso’s assessment is that due to the uncertainties in the Russian market,...

JSC Volga posted an annual report for 2020

According to the results of the Company’s work in 2020, the EBITDA indicator under IFRS amounted to 1.5 billion rubles. Revenue from product sales – 9.4 billion rubles, net profit – 0.9 billion rubles. In 2020 JSC Volga...

International Paper sells its corrugated packaging business in Turkey to Mondi Group

International Paper has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately € 66 million. The Olmuksan business includes corrugated packaging facilities in Turkey with an approximate annual revenue of TRY 1,093...

SFT Group may build a plant producing corrugated packaging in Yablonovsky Industrial Park (Adygea)

This subject was discussed at the working meeting between Murat Kumpilov, Head of Adygea, and representatives of SFT Group — Sergey Pogodin, Executive Director at Kartontara LLC, and Denis Belkovsky, Director of Corrugated Division at SFT Group. Its...

The Ulyanovsk Region and Arkhbum JSC signed an investment agreement

On July 9, 2020, an agreement was signed between the region and Arkhbum JSC on the implementation of the investment project at the Representational Office of the Ulyanovsk Region in Moscow. The document was signed by Sergey Morozov,...

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log price index in Russia

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log...

Perm pulp and paper company presented the first in the Russian market of corrugated packaging free mobile application

At the international exhibition of the packaging industry RosUpack, which was held from June 18 to June 21, 2019, the high level of customer service of the group of enterprises “Perm pulp and paper company” was demonstrated to...

Naberezhnye Chelny cardboard and paper mill will produce large corrugated packaging on the Italian line

The plant signed a contract with Engico in March 2018 for the supply of Jumbo line for the manufacture of large corrugated packaging, the corporate press service reported. The new project focuses on the production of the Chinese...

Mondi invests €30 million into one of its most innovative factories for the production of corrugated packaging

About €30 million will be invested in the modernization of the Mondi factory in Ansbach in southern Germany, including the installation of a modern corrugated unit, which is planned to be completed in 2020. This will allow the...

Russian timber industry news #19-2016

– Arkhangelsk pulp and paper mill and the Finnish Valmet Corporation have signed a contract worth €50 million to supply equipment for upgrading the board machine No. 2. This is the main part of the second phase of...