Tag: Mondi Syktyvkar

Russian Timber Journal 07-2023: interview with Segezha Group President Mikhail Shamolin after the announcement of the company’s financial and operating results for Q2 2023; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces agreement to sell Mondi Syktyvkar; transaction on International Paper stake buyout by Russian shareholders is closed; Cherepovets Plywood and Furniture Plant and VLP Group have completed a major investment project on building a plywood mill in the Vologda region; Association of Furniture and Woodworking Enterprises of Russia: in H1 2023, the Russian furniture output increased; President of the Russian Federation instructed to accelerate the issuance of documents for building multi-story wooden houses

Russian Timber Journal 07-2023: Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces that it has entered into an...

Mondi announces agreement to sell Mondi Syktyvkar

Mondi announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar to Sezar Invest LLC for a total cash consideration of RUB 80 billion (approximately €775 million...

Russian Timber Journal 06-2023: interview with Vitaly Demidenko, Sales Director at Sveza; in 2022, Russian timber harvesting volumes dropped to the lowest level in the last 9 years; Russian timber exporters were able to reimburse up to 80% of their costs of product transportation via sea ports in the Northwestern Federal District; Federation Council suggested introducing prohibitive duties on furniture and paper from unfriendly countries; Essity has exited the Russian market; Luzales plans to open new plywood plant in the Omsk region; Russian plywood output increased in June 2023

Russian Timber Journal 06-2023: Vitaly Demidenko, Sales Director at Sveza: “The period when the demand for birch plywood surpassed the supply in the available markets is over. The approach to sales changed too.”; According to the Rosleskhoz, in 2022, the...

Mondi Syktyvkar presented new brands of Projecta copy paper

The company started producing paper under the new brand in the fall of 2022, but now the product’s packaging has been upgraded to include the brand name. The first grade’s packaging features burgundy color and “Ultra” marking; the...

Russian Timber Journal 01-2023: interview with Valeriy Sergeevich Sukhanov, D. Eng., Honored Worker of the Russian Forest Industry; in 2022, the sawn timber export from Russia dropped to an 8-year low; North American companies continue to cut sawn timber production; the Government of Russia allowed transportation of roundwood and sawn timber to EAEU countries; in 2022, the Russian export of timber products reduced by two times and railway transportation, by 22%; over 25 billion rubles’ worth of transportation costs of industrial products export will be subsidized in 2023

Russian Timber Journal 01-2023: Valeriy Sergeevich Sukhanov, D. Eng., Honored Worker of the Russian Forest Industry: “The Russian timber industry has degraded”; in 2022, the export of sawn timber from Russia dropped by 22% YoY, down to 23.5 million...

Russian authorities did not approve the sale of Mondi Syktyvkar

RBC reports, relying on one of the bidders for the asset and a source in the government, that the Russian authorities have not approved the sale of Mondi Syktyvkar LPK – the main asset of Mondi, an Austrian...

Mondi sells Mondi Syktyvkar for €1.5 billion

Mondi PLC announced it had entered into an agreement to sell Syktyvkar mill, its most significant facility in Russia, for around €1.5 billion. The disposal is conditional on the approval of the Russian government. The deal is also...

Mondi Syktyvkar is planning to invest €300 million in production over the next 3.5 years

This is reported by TASS news agency referencing the company’s CEO Klaus Peller. The upgrading will increase the finished product output by 46% compared to the 2008 performance, while the tax payments will grow by eight times over...

Russian Timber Journal 09-2021: Interview with Tapani Kiiski, President and CEO of Raute Corporation; current situation in the roundwood market, industry’s opportunities and restrictions from 2022; Segezha Group agrees to acquire forestry assets in Siberia for $515 million; Ikea expects shortages due to supply-chain crisis until mid-2022; Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region

Russian Timber Journal 09-2021: Tapani Kiiski, President and CEO of Raute Corporation: “The Russian market has been among the most important ones for Raute over the past 10 years”; current situation in the roundwood market, industry’s opportunities and restrictions...

Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019 by final Rosleskhoz data

Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019...

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and imports for 4 years; Sawmill profit margins fell substantially in North America

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and...

Russian Timber Journal №04-2019: In 2018, the world sawn timber trade fell for the first time in five years; analytical study of WhatWood on the market of raw timber in Russia; decline in prices and volumes of trade in sawn timber on world markets; another record of China’s imports of round timber

Russian Timber Journal №04-2019: Russian Timber Journal 04-2019: In 2018, the world sawn timber trade fell for the first time in five years; WhatWood’s interview with CEO of RFP Group Dmitry Valtfogel; disbalance between the demand and supply...