Pulp & Paper

SCA intends to invest SEK 1,45bn (US $165 million) in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken paper mill in Sundsvall. In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue...

According to the data of the Federal State Statistics Service (Rosstat) in Jan-Jul 2020, the output of Russian wood pulp grew by 6.4% YoY to 5.1 million tons. Paper and cardboard production increased over the reporting period as...

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, 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...

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...

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...

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 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, 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’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...

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 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....