Pulp & Paper

Mondi plc has agreed to acquire the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million. The mill currently operates one paper machine producing lightweight coated mechanical paper. Mondi plans to...

Mondi PLC announced it had entered into an agreement to sell Syktyvkar mill, its most significant facility in Russia, for around €1.5 billion. The disposal is conditional on the approval of the Russian government. The deal is also...

Tetra Pak today announced that it will be exiting its remaining operations in Russia. This is due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, as a result of...

In the next five years, the Company will invest over RUB 18 billion in the initiatives aimed at improving environmental performance of the Mill. In particular, 11 projects worth RUB 6 billion aimed at reducing emissions and seven...

Stora Enso has divested its three corrugated packaging plants in Russia. The Company’s Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management. Stora Enso’s assessment is that due to the uncertainties in the Russian market,...

The total production volumes of all types of finished products amounted to 306,711 tons, and the share of Volga JSC in the volume of production among Russian paper manufacturers increased to 23%. Despite the fact that in financial...

Valmet has progressed in reviewing its operations in Russia and implementing its exit plan. Already in the spring, the company decided not to make any new sales projects in Russia. In addition, it canceled €70 million of its...

Russian Research Center for Applied Chemistry (GIPH) (a part of Rostech State Corporation) developed a Russian technology of producing industrial-grade hydrogen peroxide for the pulp & paper industry, as reported by Rostech press office. This solution makes it...

Russian Timber Journal 05-2022: Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group: “Substantial assistance to systemically important federal-level enterprises is currently non-existent”; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users...

Huhtamaki has decided to initiate the process to divest its operations in Russia. This follows an earlier decision to stop all investments in Russia. Huhtamaki considers that the current evolution of the situation and the long-term outlook in...

Russian Timber Journal 02-2022: Jean-Francois Guilbert, Managing Director of FrenchTimber: “Sawn timber prices have been stable for 20 years so they’re catching up now”; WhatWood surveyed its clients — actors in the Russian timber industry market – in order...

Svetogorsk Pulp and Paper Mill may reduce its output or temporarily suspend production due to a shortage of raw material. This was reported by the press office of Sylvamo (USA) that owns the mill. The mill located in...