Stupino Corrugated Cardboard Plant will create a new corrugated cardboard production site with a capacity of 200 million m² in the Moscow Region
February 13, 2023 ` 18:58
Stupino Corrugated Cardboard Plant signed a land lease contract for one ruble per year within the import substitution support program effective in the Moscow Region. The investment in launching corrugated cardboard production will exceed 3.2 billion rubles. The...
Mondi Syktyvkar presented new brands of Projecta copy paper
February 13, 2023 ` 18:55
The company started producing paper under the new brand in the fall of 2022, but now the product’s packaging has been upgraded to include the brand name. The first grade’s packaging features burgundy color and “Ultra” marking; the...
Yuriy Ayvazov, CEO at Kondopoga Pulp and Paper Mill: a record-setting volume of timber was delivered to the mill in 2022
February 13, 2023 ` 16:21
Here are a few highlights from his interview to Rossiyskaya Gazeta: In 2022, Kondopoga Pulp and Paper Mill received 200,000 m³ more raw material than planned. The company made a decision to increase the harvesting volumes due to several...
Russian Timber Journal 01-2023: interview with Valeriy Sergeevich Sukhanov, D. Eng., Honored Worker of the Russian Forest Industry; in 2022, the sawn timber export from Russia dropped to an 8-year low; North American companies continue to cut sawn timber production; the Government of Russia allowed transportation of roundwood and sawn timber to EAEU countries; in 2022, the Russian export of timber products reduced by two times and railway transportation, by 22%; over 25 billion rubles’ worth of transportation costs of industrial products export will be subsidized in 2023
February 9, 2023 ` 12:57
Russian Timber Journal 01-2023: Valeriy Sergeevich Sukhanov, D. Eng., Honored Worker of the Russian Forest Industry: “The Russian timber industry has degraded”; in 2022, the export of sawn timber from Russia dropped by 22% YoY, down to 23.5 million...
International Paper reaches agreement to sell ownership interest in Ilim joint venture
January 26, 2023 ` 11:38
International Paper announced that it has entered into an agreement to sell its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for $484 million equity value. The sale...
CPM company completed the acquisition of Firma Vesta LLC
January 23, 2023 ` 13:51
The enterprise will become part of Polotnyany Zavod Paper Manufacture, which will increase the output of corrugated cardboard, expand the range of products made from it and, in the future, become one of the leading domestic producers of...
Russian Timber Journal 12-2022: interview with Anatoly Shcherbakov, Director for Timber Supply and Logistics at VLP Group; preliminary results of the Russian timber industry for 2022: the beginning of complex structural transformations; Lithuania tightens control over timber imports from Russia and Belarus; the Russian Government extended the increased rates of customs duties applied to exports of raw sawn timber until the end of 2025; plywood production in Russia fell to a ten-year low in 2022
January 19, 2023 ` 14:50
Russian Timber Journal 12-2022: Anatoly Shcherbakov, Director for Timber Supply and Logistics at VLP Group: “No effective state aid measures to support timber harvesting activities have been taken so far”; preliminary results of the Russian timber industry for 2022: the...
Russian authorities did not approve the sale of Mondi Syktyvkar
December 28, 2022 ` 18:51
RBC reports, relying on one of the bidders for the asset and a source in the government, that the Russian authorities have not approved the sale of Mondi Syktyvkar LPK – the main asset of Mondi, an Austrian...
Segezha Group considers sale of its packaging plants in Europe
December 28, 2022 ` 18:33
Segezha Group is considering the selling its European assets or forming joint ventures with a minority stake. The Company has already received three offers from potential buyers, but decision has not yet been made, explains Mikhail Shamolin, President of...
Mayr-Melnhof Group divests production sites in Russia
December 19, 2022 ` 14:25
The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx €134 million. In 2021, the...
Russian Timber Journal 10-2022: Top 100 Russian timber industry companies in 2021; sawn timber transit through Kazakhstan is banned for Russian exporters; Government of the Russian Federation is planning to set the priorities of sawn timber transportation eastwards by railway; Russia increased its plywood production for the first time in a long while; timber harvest in the Vologda Region dropped by a third in Q2 – Q3 2022; Pestovsky LPK suspends production
December 14, 2022 ` 19:19
Russian Timber Journal 10-2022: WhatWood Analytics Agency prepared the next rating of TOP 100 Russian timber industry companies in 2021; Russian timber enterprises are asking the authorities to lift the restrictions on transiting dried sawn timber through Kazakhstan...
L-PACK Kashira LLC will invest 2 billion rubles in producing corrugated cardboard in the Moscow Region
December 5, 2022 ` 21:01
The company intends to build a factory worth 2 billion rubles to make corrugated cardboard and a whole range of other products, including secondary corrugated packaging for milk and juices in Kashira, a town in the Moscow Region,...