Smurfit Kappa invests in German paper mill sitev
May 20, 2021 ` 11:49
Ireland-based packaging company Smurfit Kappa is set to spend around € 35 million on its Hoya paper mill and board manufacturing plant in northwest Germany. The company will replace the complete press section of the mill’s PM2 paper machine,...
Paper Excellence acquires Domtar in blockbuster $3 billion deal to expand into US market
May 19, 2021 ` 19:04
Paper Excellence, a global manufacturer of pulp and printing, writing, specialty, and packaging papers, has acquired Domtar, the largest integrated producer of uncoated free-sheet paper in North America, for $55.50 per share. The all-cash transaction represents an enterprise...
Huhtamaki to buy Jiangsu Hihio-Art Packaging assets
May 20, 2021 ` 11:33
Huhtamaki has agreed to buy assets of China-based Jiangsu Hihio-Art Packaging in a €27 million debt-free transaction. Jiangsu Hihio-Art manufactures paper bags, wraps and folding carton packaging for international quick-service restaurants and national bakery chains. The acquisition will...
Stora Enso launches plan to permanently close pulp and paper production at mills in Kvarnsveden and Veitsiluoto
April 30, 2021 ` 17:24
Stora Enso will enter into co-determination negotiations with employees at the mills in Kvarnsveden in Sweden and Veitsiluoto in Finland regarding a plan to permanently close the pulp and paper production at both plants. The planned closures would...
JSC Volga increases the share of railroad shipments
April 29, 2021 ` 18:24
At the end of February 2021, JSC Volga started shipping finished products from the Nizhny Novgorod region to China by rail via the port of Vladivostok. The new option will reduce the cost of transportation and shorten the...
The pulp mill in Pitkyaranta (Karelia) to increase the output of wood pulp to 140,000 tons per year
April 28, 2021 ` 20:29
In the near future, RK-Grand LLC (owner of the plant) will invest 1.5 billion rubles in the town-forming enterprise of Pitkyaranta – a pulp mill, – which will increase the output to 140,000 tons of wood pulp per...
In 1Q 2021, wood pulp production slightly decreased in Russia
April 16, 2021 ` 14:44
According to the data of the Federal State Statistics Service (Rosstat) in 1Q 2021, the output of Russian wood pulp grew by 0.1% YoY to 2.2 million tons. Paper and cardboard production increased over the reporting period by...
Valmet is a supplier of paper machine for the 2nd line of Arkhbum Tissue Group LLC
April 15, 2021 ` 17:38
The main supplier of the process equipment for the 2nd line of Arkhbum Tissue Group LLC (Vorsino industrial park, Kaluga region, part of Pulp Mill Holding) is Valmet Finland and FIS Impianti Italy is a supplier for the...
Russian Timber Journal 03-2021: interview with Oleg Fokin, Commercial Director of Sudoma Sawmill; markets of South Korea and Japan: prospects for the development of wood pellet exports from Russia; U.S. softwood sawn timber prices unchanged from the previous week; timber exporters from Irkutsk are experiencing difficulties in shipping products to China; investments in the Russian forest industry decreased by 9.8% in 2020
April 8, 2021 ` 17:03
Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...
Stora Enso exits dissolving pulp business
April 5, 2021 ` 17:02
As a consequence of its strategic direction, Stora Enso is in the process of exiting the segment of dissolving pulp for viscose production globally. This segment is not core for company and stands for only a small part...
Pavlovo-Posadskiy Gofrokombinat commissions a new building for storing products in the Moscow region
April 5, 2021 ` 19:26
Pavlovo-Posadskiy Gofrokombinat (the town of Pavlovsky Posad in the Moscow region) has commissioned a new building of 12,500 m² for storing raw materials and finished products. Investment in the construction amounted to 200 million rubles. The new building...
Segezha Group and Bellmer to build new paper machine at major production site in Vologda Region
April 2, 2021 ` 18:02
Segezha Group (a subsidiary of Sistema PJSFC) and machine manufacturer Bellmer have agreed to build a new paper machine at the Group’s paper factory in Sokol, Vologda Region. The new machine will come online in 2023. This project...