Pulp & Paper

On the pages of corporate Griffin journal, top managers of UPM expressed their outlook on possible results of Russia’s WTO accession for the company. Pekka Rajala, VP, Sourcing Director North Europe, supposes that elimination of export duties will...

In the first half-year, lumber production in Russia declined by 2.6% year-on-year down to 10.2 million m3. Plywood production increased by 3.8% to 1.7 million m3, fibreboard production declined by 9.8% to 202 million nominal m2. Paper output...

Arkhbum OJSC (affiliate company of Arkhangelsk pulpmill) will launch the first line of its Istra capacity (Moscow region) on September 20 with rated capacity of 200 million m2 per year. Investment scope of the project is €60.2 million....

Volume of capital investments into Russian forest industry in the first quarter of the year shrank by 17.4% to RUR 20.5 billion. In the pulp & paper sector, Irkutsk region was the leader. Here, large project of Ilim...

Finnish specialists advised Kondopoga pulpmill to convert one of the papermaking machines and increase speed at two other machines, but this will require considerable investments not yet affordable to the company at the moment, as mill’s Chief Executive...

On September 26, 2013, Moscow business school of Skolkovo will host PAP-FOR conference “Sustainable development and efficiency of the Russian pulp & paper industry”. The event’s website has already opened online registration. Forum arranger, Reed Exhibitions company, traditionally...

CTS Invest company is going to invest RUR 2 billion into modernization and further development of Pitkyaranta pulpmill, according to the Forest portal of Karelia. This decision was announced at a press conference on July 01 attended by...

Closure of Baikal pulpmill will possibly take up to six months, as VEB-Engineering Chief Executive Dmitry Sheibe said in an interview to Prime agency. “Presently the mill employs 1646 people, one third of them will remain at the...

On June 19, Ilim Group has officially inaugurated its new pulp mill in Bratsk (Irkutsk region), the largest investment project completed in the Russian pulp and paper industry over the last 30 years and the world’s largest softwood...

AFK Sistema holds negotiations with VTB bank to acquire Investlesprom holding, one of the largest Russian forest industry companies, as RBK St. Petersburg agency said quoting major Sistema’s shareholder Vladimir Evtushenkov. He said the value of the deal...

Kondopoga pulpmill resumed production at one more papermaking machine, PM5, on June 13. Within first 16 days of June, the mill produced 23,684 tonnes of paper, including 23,213 tonnes of newsprint, out of which 82.5% were exported. Company’s...

The Arbitration Court of Karelia admitted bankruptcy status of Pitkyaranta pulpmill, according to Forest Portal of Karelia. Thus, the court approved the application of the enterprise on its own insolvency. The mill opened bankruptcy proceedings for a period...