Arkhangelsk PPM officially submitted a new investment project at the cost of 105 billion rubles

Pulp Mill Holding intends to invest more than 160 billion rubles in the modernization of its Russian production facilities. The priority of the strategic agenda of the holding activity will be a new large-scale investment project – construction of a new sulfate board plant (4th line) with the third board machine (BM-3) with the capacity of 700 thousand tons per year. The plant will meet all world requirement and will be built at the site of Arkhangelsk PPM.

The existing capacity of the two board machines is more than 600,000 tons per year. The new BM-3 will focus on growing foreign markets: the demand for board is expected to double by 2050 in the world.

“The project “BREAKTHROUGH of 2027” will allow us to increase EBITDA, ensure growth of the APPM’s capitalization and certainly improve the environmental situation in the north of the region through the further implementation of the best available technologies,” – said Vladimir Krupchak, Investment Director of Pulp Mill Holding

In five years, Arkhangelsk PPM will increase annual pulp cooking up to 1.7 million tons and containerboard production up to 1.3 million tons.

Estimated logging area of Arkhangelsk PPM’s general supplier – Titan Group of Companies – will increase by 6 million m³ up to 11 million m³ with the commissioning of the new board plant. The holding will supply the mill with 2.6 million m³ of logs and Sawmill-25 CJSC will supply the mill with 3.3 million m³ of sawn timber. Therefore, Titan Holding will build a new sawmill and pellet plant with an annual capacity of 2 million m³ on the site of Sawmill-25 CJSC. Thus, in 2027, the volume of sawn wood production will increase up to 1.7 million m³, pellet – up to 400,000 m³, wood chips – up to 1.2 million m³.