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Pulp & Paper

News on Russian pulp and paper industry.

In 1H 2021, wood pulp production slightly decreased in Russia

July 23, 2021 ` 16:48  
According to the data of the Federal State Statistics Service (Rosstat) in 1H 2021, the output of Russian wood pulp decreased by 0.1% YoY to 4.4 million tons. Paper and cardboard production increased over the reporting period by...

A planned production shutdown was carried out at JSC Volga

July 13, 2021 ` 08:02  
At the beginning of June 2021, JSC Volga has put a halt to production capacities in order to carry out annual preventive and planned repairs. This year, the terms of repairs were increased, due to the need to...

Wood pulp export from Russia decreased by 0.9% in January-May 2021

July 12, 2021 ` 20:05  
In January-May 2021, the volume of wood pulp export from Russia decreased by 0.9% YoY, reaching 885,300 tons, as reported by the Federal Customs Service of the Russian Federation. The value of foreign supplies increased by 27% to...

JSC Volga posted an annual report for 2020

June 25, 2021 ` 19:07  
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...

Segezha Group completes RUB 14.6 billion investment project in Karelia

June 25, 2021 ` 09:27  
Segezha Pulp and Paper Mill (a subsidiary of Segezha Group) has completed an investment project in the field of forest development. Segezha PPM started the project in 2016. Between 2016 and 2020, the investor fulfilled all of its...

In January-May 2021, wood pulp production increased in Russia

June 24, 2021 ` 14:50  
According to the data of the Federal State Statistics Service (Rosstat) in January-May 2021, the output of Russian wood pulp increased by 1.1% YoY to 3.7 million tons. Paper and cardboard production increased over the reporting period by...

Mayr-Melnhof Group to sell its Eerbeek and Baiersbronn virgin fiber cartonboard mills

June 23, 2021 ` 15:13  
The Mayr-Melnhof Group and a subsidiary of funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have reached a firm intention on the sale of MM’s virgin fiber cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to Oaktree...

Karelia Pulp to perform a large-scale upgrade of Kondopoga Pulp and Paper Mill

June 22, 2021 ` 20:00  
Artur Parfenchikov, Head of Karelia, Victor Ventimilla Alonso, Chairman of Severo-Zapadny Bank of Sberbank, and Vladimir Bobin, Chairman of the Board of Directors of Karelia Pulp Holding LLC, signed a trilateral cooperation agreement to implement an investment project...

Smurfit Kappa to invest over 1 billion rubles to expand its production in the Leningrad region

June 21, 2021 ` 19:04  
Smurfit Kappa Group will upgrade its sites in Kommunar and Vsevolozhsk. The investments in the project will total over 1 billion rubles of own funds. It is scheduled to start the works in the summer of 2021. Thanks...

Huhtamaki to build a second plant in Alabuga SEZ (Tatarstan)

June 18, 2021 ` 18:47  
The new plant with a total area of 8,300 m² will produce 211 million egg boxes per year. The investments in the project are estimated at 1.4 billion rubles. The construction of the facility has already begun, the...

Mondi Syktyvkar LPK performs a scheduled overhaul of equipment

June 18, 2021 ` 18:40  
The company suspended production for a scheduled annual overhaul of process equipment, that will last 2.5 weeks, on May 23, 2021. Repairs of papermaking machines are scheduled to be completed in about five days; the rest of the...