Arkhbum JSC will launch the 1st line of a new plant in Ulyanovsk in the beginning of September 2021
July 27, 2021 ` 11:52
The first line of the Ulyanovsk site of Arkhbum JSC will be already launched in the beginning of September this year – all required infrastructure for this has been built, the main equipment is already in operation (5-layer...
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...
Russian Timber Journal 06-2021: interview with Alexander Vysotskiy, Product Director at Data Driven; European Commission’s report on imposing a provisional anti-dumping duty on imports of birch plywood originating in Russia; as of January 1, 2022, quotas on exporting softwood pulpwood and logs will be cancelled in Russia; US lumber prices fell sharply; the Ministry of Industry and Trade considers pulp and paper mills construction in the Far East to be inefficient
July 20, 2021 ` 22:38
Russian Timber Journal 06-2021: Alexander Vysotskiy, Product Director at Data Driven: “Lockdown created the necessary conditions for the digital business”; the European Commission approved for 6 months the introduction of preliminary anti-dumping duties on birch plywood from Russia; the...
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...