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Pulp & Paper

News on Russian pulp and paper industry.

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...

UPM: Sales decreased by 20% to EUR 2,077 million in Q2 2020

July 23, 2020 ` 19:19  
Sales decreased by 20% to EUR 2,077 million due to lower deliveries of graphic papers and lower pulp and paper sales prices. Comparable EBIT decreased by 41% to EUR 203 million, and was 9.8% of sales.

Stora Enso’s Q2 sales drop 18.9%

July 22, 2020 ` 19:02  
Stora Enso’s 1Q 2020 sales decreased by 18,9% YoY to Euro 2,114 billion. The Covid-19 crisis has accelerated the decline in demand for European paper, and the market conditions for the Group’s other products continue to be mixed....

WRI: wood fiber costs declined for both softwood and hardwood pulp producers in 2019 and early 2020

July 21, 2020 ` 16:20  
Wood fiber costs fell for many hardwood pulp-producing countries worldwide in the 1Q/20. The biggest declines (in US dollar terms) were seen in the US South, Russia, and Latin America, where hardwood pulplog prices were down between 5...

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...