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,...
Russian printing houses may shut down due to a shortage of western equipment
December 5, 2022 ` 20:55
Top managers of printing houses told Vedomosti that their companies were facing a shortage of equipment and spare parts because of the sanctions and the fact that producers from Europe, North America, and Japan were refusing to supply....
Rosselkhozbank: the volume of the Russian packaging market may increase by 30% by the end of 2025
December 5, 2022 ` 16:49
Analysts from the Center of Macroeconomic and Regional Analysis and Forecasting at Rosselkhozbank estimate that the volume of the Russian packaging market may increase by 30% and reach 1.7 trillion rubles by the end of 2025. Eco packaging...
Russian Timber Journal 09-2022: Interview with Vadim Fidarov, Government Relations Manager, Wooden Housing Construction Association; will the Russian market of wooden housing construction be able to compensate for the lost export of sawn timber; EU bans imports of wood pulp and paper from Russia; Egypt imports Russian plywood at record-setting rates; over 9 months of 2022, Russian plywood output reduced by a fourth; Segezha Group reviewed the priority of building new pulp and paper mills in Karelia and the Krasnoyarsk Region; Russian printing houses may shut down due to a shortage of western equipment
November 30, 2022 ` 17:44
Russian Timber Journal 09-2022: Vadim Fidarov, Government Relations Manager, Wooden Housing Construction Association: “Private housing projects are a market of cut-throat competition”; will the Russian market of wooden housing construction be able to compensate for the lost export...
Sylvamo completes sale of Russian operations
November 8, 2022 ` 12:45
Sylvamo, the world’s paper company, is announcing it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received...
Alexey Panshin, CEO, Giprobum: “The designer’s task is helping the customer understand in as much detail as possible what it is they want”
November 7, 2022 ` 16:04
Large Russian timber companies have lately been purchasing design institutes to make them a part of their groups. Such institutes perform a series of design operations and render other services on renovation and greenfield construction of pulp and...
Production of corrugated cardboard began in the Primorsky Region
November 7, 2022 ` 16:00
Dobroflot Group that specializes in canned fish production built a plant to produce cardboard packaging in Bolshoy Kamen (“Big Stone”) Advanced Development Territory within its own import substitution project, as reported on the company website. The investment value...
A plant producing packaging will be built in Moscow
November 7, 2022 ` 15:58
The city will provide a 2.4 ha area to the investor to build a production facility in Mitino District, according to the official website of the Moscow Mayor. The investment in the project is estimated at 1.6 billion...