Pulp & Paper

The European Commission announced that the EU countries have approved the eighth package of sanctions against Russia. Additional restrictions include a ban on imports of wood pulp and paper from Russia. All imports of products from Russia, which...

The Industrial Development Fund (IDF) will provide Volga (the town of Balakhna, Nizhny Novgorod region) a preferential loan of 1.5 billion rubles, as the press office of the regional government reports. The loaned funds will be used for...

Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. On April 14, 2022, Huhtamaki...

Glavgosexpertiza of Russia (General Board of State Expert Review) issued a positive opinion on the design documentation and the results of the site investigation for the construction of a pulp and paper mill in Boguchansky district of the...

The Government is introducing temporary quotas for the export of recyclable paper and cardboard (waste paper) that will apply from September 3 to December 3, 2022. The quota will be 30,000 tons. The Ministry of Industry and Trade of...

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...