AFK Sistema may invest €1 billion to revive Polar Bear project at Segezha PPM
February 3, 2014 ` 16:18
Vladimir Yevtushenkov’s AFK Sistema is ready to invest €1 billion into the Polar Bear project which involves the production of bleached softwood and bleached hardwood pulp, as well as non-bleached pine pulp at Segezha PPM (Karelia). Investlesprom holding...
Heinz Zinner: Arkhangelsk PPM was not affected by dramatic changes in global PPI
February 3, 2014 ` 16:15
During 2013, changes in the global pulp and paper industry have been quite dramatic. The list of market outsiders included producers of newsprint and LWC, coated and printing papers. According to the Chairman of the Board of Arkhangelsk...
Pulpwood deficit in Karelia in 2013 amounted to 2.7 million m3
January 16, 2014 ` 20:53
In 2013, the deficit of softwood for the pulp and paper industry of Karelia amounted to 2.7 million m3, and raw materials for the mills are imported from outside the region. Currently the annual allowable cut in Karelia...
Kondopoga CEO: spruce pulpwood in Karelia is almost twice as expensive as in Komi
December 27, 2013 ` 14:17
Debts of Kondopoga pulp and paper mill to the loggers (first of all, those located in Vologda region) were put into the registry debts list, and the mill is not able to settle it now, because it is...
Baikal pulpmill will officially close on December 25
December 20, 2013 ` 12:42
“A landmark event for the whole environmental community – official closure of the Baikal pulp and paper mill – will be held on December 25, 2013,” said the Minister of natural resources and ecology Sergey Donskoy at the...
Kama pulpmill started LWC paper production
December 13, 2013 ` 04:13
Kama pulp and paper mill has completed the testing of the line producing light-weight coated paper and started industrial production, Kommersant-Perm paper reported. The company has been testing production since May 2013. During this time, technologists have released...
CTS Invest called off its investments into Pitkyaranta pulpmill
December 13, 2013 ` 04:09
CTS Invest group cancelled its intention to invest €50 million in the development of Pitkyaranta pulpmill, says the Forest portal of Karelia. Previously, the company signed the agreement on repurchase of debt with the enterprise’s principal creditor, VTB...
Kondopoga pulpmill stopped two lines
December 5, 2013 ` 04:23
Kondopoga pulp and paper mill has stopped two paper machines, as said by the Forest portal of Karelia. Presently, PM3, 7, 8 and 9 are working. The mill production is loaded at 60%, spruce pulpwood stocks last week...
Import duty on bleached hardwood pulp will temporarily drop to zero since 1 January
November 28, 2013 ` 01:15
The Board of Eurasian economic community (regulatory body of the Customs Union, which includes Russia, Belarus and Kazakhstan) took a decision on establishment of the temporary zero import duty rate for some grades of semi-bleached and bleached hardwood...
Forest plantations to be established near Vologda for Sveza’s new PPM
November 21, 2013 ` 19:41
The development of timber industry cluster in Vologda region will require additional assistance of the Forestry Agency and establishment of fast-growing wood plantations for the new pulp and paper mill, said the governor of the region Oleg Kuvshinnikov...
Sveza to build a greenfield pulpmill in Vologda region
October 16, 2013 ` 04:16
Sveza Group and the government of Vologda region have signed the agreement on implementation of an investment project. The project involves construction of kraft pulp mill on public-private partnership principles. Total investments into the construction of the mill...
WhatWood: Russia’s forest industry Top 100 profit margin declined to 1.38% in 2012
October 9, 2013 ` 14:23
In 2012, joint net sales of the 100 largest Russian forest industry companies that participated in the WhatWood rating declined by 0.87% to RUR 279.68 billion. Joint net profit of 94 companies of the rating who disclosed this...