Mondi’s 2018 revenue up 5% to Euro 7.48 billion
April 13, 2019 ` 14:00
Underlying EBITDA of Euro 1,764 million was up 19% on the prior year, with strong contributions from Fibre Packaging and Uncoated Fine Paper. A combination of higher selling prices, strong operational performance, the contribution from acquisitions and the benefits of its ongoing...
Moody’s – Outlook for the global paper and forest products industry changed to negative
April 11, 2019 ` 12:00
Global operating income will fall 2%-4% over the next 12 to 18 months. Input costs are rising, while demand for paper and prices for wood product and market pulp are falling. The outlook for the global paper and forest products industry has been...
Finland was dynamically increasing supplies of birch veneer logs in 2018
April 10, 2019 ` 14:00
After a heavy 12% decline in round wood exports in 2017 (mainly in the segment softwood logs and pulpwood), sales to Finland in 2018 were at the level of the previous year. However, the product structure of sales has changed. In 2018,...
Russian Timber Journal 03-2019: volume of timber in Russia has exceeded in 2018 its historical peak; the WhatWood analytical review of the market pellet in Russia; China increased its imports of birch veneer logs; export OSB from Canada doubled; negative outlook Moody’s for the global timber industry complex in 2019-2020
April 8, 2019 ` 15:00
Russian Timber Journal No. 03-2019: the volume of logging in Russia exceeded its historical maximum in 2018; WhatWood Agency conducted a study on the pellet market in Russia; the downward trend in the export of unprocessed round timber...
In 2018, exports of forest products from Finland increased by 5%, and imports – by 34%
April 7, 2019 ` 10:00
In 2018, the value of exports of forest products from Finland amounted to €13,20 billion, +5% yoy, according to Luke. For comparison: according to the calculations of the WhatWood agency, exports of forest products from Russia to 2018 amounted...
Almost twice increased tax revenues from the enterprises of timber industry of Karelia in 2018
April 5, 2019 ` 14:00
In 2018, the enterprises of the forest complex of the Republic of Karelia almost doubled tax revenues to the consolidated budget of the Republic of Karelia, they amounted to more than 3.2 billion rubles (222.8 % to the...
UPM and Carbodeon develop cellulose and nanodiamond materials for 3D printing
April 3, 2019 ` 16:00
UPM and Carbodeon are developing cellulose-and nanodiamond-reinforced raw materials for 3D printing. Nanodiamond additives provide the product not only with improved stiffness and strength but also with a higher temperature of thermal deviation. New items will be available...
Andritz to supply wood processing plant for Ilim Group in Russia
March 29, 2019 ` 16:00
International technology Group Andritz has received an order from the Ilim Group to supply a wood processing plant with two debarking and chipping lines, chip and bark handling equipment, and a SmartWoodyard advanced control system to the Koryazhma...
“Mondi Syktyvkarsky timber industry complex” invested 5 billion rubles in the modernization of treatment facilities
March 26, 2019 ` 16:00
Last Friday, 22 March 2019, a solemn opening of the upgraded wastewater treatment facilities for “Mondi Syktyvkarsky timber industry complex”. At the presentation of the implemented project, the General Director of Mondi SLPK Klaus Peller noted that ”...
By 2023 Koenig & Bauer, a German manufacturer of printing presses for packaging, plans to increase profits to 1.5 billion euros
March 25, 2019 ` 14:00
According to Сlaus Bolza-Schünemann, CEO of Koenig & Bauer, “the growth of the cardboard, corrugated and flexible packaging markets will allow us to actively use the available opportunities. Therefore, by 2023, we plan to increase the company’s revenue...
Segezha Group plans to build in Egypt its own converting power and multigrocery representation
March 21, 2019 ` 14:00
According to the corporate press service of Segezha Group, the timber group of companies Segezha Group (part of Sistema) will take part in the IV international exhibition “Arabia-EXPO 2019” and the XII session of the Russian-Arab Business Council,...
In wood-preparatory departament of JSC “Volga” it has ended the scheduled maintenance debarking drum
March 14, 2019 ` 16:00
According to the head of the shop Nikolai Shaliavin, scheduled repairs of this scale are carried out not often – every 5-6 years. Within one and a half months (from January 14 to March 1, 2019), the contractors...