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Pulp & Paper

News on Russian pulp and paper industry.

Deadlines for implementing a project worth 19 billion rubles by L-PAK in the Moscow Region have been set

June 17, 2024 ` 18:15  
L-PAK, a resident of the Kashira Special Economic Zone, is implementing a project on producing corrugated cardboard and packaging products. It is planning to complete the construction of Phase 1 of a production and warehouse complex by the...

Net profit of JSC Volga dropped by 25.8% in 2023

May 21, 2024 ` 00:00  
The revenue of JSC Volga reduced by 1.8% YoY in 2023, down to 13.6 billion rubles. The company’s net profit dropped by 25.8% YoY over the reporting period, down to almost 1.84 billion rubles. Interfax quotes the company’s...

Production of paper and paper goods is growing in Moscow

May 20, 2024 ` 23:55  
In January 2024, the production of paper and paper goods in the capital surged by 45.3% YoY, as reported by the Information Center of the Moscow Government referencing Vladimir Yefimov, Deputy Mayor for Economic Policy and Property &...

Taiga Boguchany increased the capacity of its wood pulp plant in the Krasnoyarsk Region by 20%

May 20, 2024 ` 23:48  
Taiga Boguchany LLC is planning to identify the key physical volumes of the biotechnology complex construction and make an investment decision by December 2024, as reported by Kommersant. According to Interfax, the plant’s potential capacity has now increased...

In 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles

April 18, 2024 ` 18:59  
The value of investments in the Russian timber industry reduced by 4.8% in 2023 compared to the record-setting performance of 2022; it amounted to 188.8 billion rubles, which is comparable to the 2021 level, according to Roslesinforg. Over...

In 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t

April 18, 2024 ` 18:21  
By the end of 2024, Ilim Group intends to supply up to 550,000 t of premium cardboard (wood-free kraftliner) to the PRC market, as reported by TASS referencing Alexey Lomko, the Group’s CEO. In 2023, Ilim Group’s export...

Paper and cardboard production site worth 3.5 billion rubles is planned in the Nizhny Novgorod Region

January 23, 2024 ` 19:18  
The expert board of the Kulibin Special Economic Zone (Dzerzhinsk) approved an application worth over 3.5 billion rubles from KBK Oka LLC, as reported by the Investment Portal of the Nizhny Novgorod Region. The company is planning to...

Upak Group is planning to produce packaging in the Krasnodar Region

January 17, 2024 ` 20:10  
Upak Group LLC and the Administration of Armavir have signed an investment agreement that stipulates building a packaging materials plant with a total investment value of 580 million rubles and 140 new jobs. The company produces and sells...

Construction of a packaging plant worth 19 billion rubles began in the Moscow Region

January 17, 2024 ` 20:02  
L-PAK started building Phase I of the corrugated cardboard and packaging products production plant in the Kashira Special Economic Zone. The investor has already procured the corresponding permit. This was reported by the press office of the Ministry...