Pulp & Paper

Russian Timber Journal 05-2020: comparing the 2008-2009 crisis with the current decline of forest products exports during the pandemic; in the Russian Far East was opened the first OSB production; the Russian government has granted a six-month deferment to...

According to the Federal Customs Service of Russia, in January-April 2020, the volume of wood pulp exports increased by 8.4% YoY to 767,600 tons. In value terms, exports fell by 18.2% YoY to $ 325.5 million. Over the...

The Company’s revenue dropped by 1.1% to RUB 14.3bn. OIBDA in Q1 2020 is down 33.6% YoY to RUB 2.6bn. The key factor that had a negative impact on the Group’s financial results is the decrease in paper...

In 1Q 2020, sales profit of Sokolsky Pulp and Paper Mill (part of the Segezha Group) increased by 39.8% YoY to 35.2 million rubles. Revenues for the same period increased by 8.7% YoY to 295.2 million rubles. The...

In addition to increasing the output, Syassky PPM is expanding its storage facilities. The plant commissioned the first phase of its new warehouse with an area of 4,000 m2, the second stage with an area of 6,000 m2...

Sales decreased by 15% to EUR 2,287 million (2,693 million in Q1 2019) due to lower pulp and paper prices and lower deliveries of graphic papers. Comparable EBIT decreased by 26% to EUR 279 million (374 million). UPM...

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...

Many forest-industry companies reported that they reduced revenues or reduced EBITDA margin in 2019. Mondi Group reduced revenue by 3% to € 7.268 billion. International Paper reduced revenue by 3.99% to $ 23.376 billion. Russian forest-industry companies also...

IP has entered into an agreement to sell its Brazilian corrugated packaging business to Klabin S.A. for R$330 million, with R$280 million to be paid at closing and R$50 million one year thereafter, subject to certain adjustments. This...

According to the decree of May 10, 2020 No. 651, 35 forest industry companies and 18 furniture industry companies were included in the list of backbone enterprises of the country: Forest industry companies: OAO “Arkhangel’skiy TSBK” OOO PKP...

The first echoes of the raw materials deficit in the market were felt by processors using spruce pulplogs (newsprint producers). Karelia Pulp has one month of stocks on the raw materials exchange. The company is actively buying spruce pulplogs,...

Uncertainty in the timber harvest market is increasing. Interviewed WhatWood industry participants continue to maintain a moderate-downbeat mood. In February-March, mills actively bought the necessary raw materials from the market, saturating its stock exchanges. Russian particleboard, MDF, plywood...