Tag: Ilim Group

Russian Timber Journal 05-2023: interview with Andrey Yudin, Logistics Director of Segezha Group; regional authorities ask to support the Russian timber enterprises due to the persisting tense situation in the industry; the Government of the Russian Federation extended the list of checkpoints along the land border with Kazakhstan authorised to process exports of timber products; Ilim Group became the largest timber harvesting enterprise in Russia in 2022; VLP Group to invest 2.6 billion rubles in Hasslacherles’ former enterprise; Segezha Group sold its European paper packaging enterprises for €100 million; L-PACK to invest over 10 billion rubles to build a corrugated cardboard plant in the Moscow region

Russian Timber Journal 05-2023: Andrey Yudin, Logistics Director of Segezha Group: “We are witnessing a serious imbalance between the freight traffic flows and the availability of transport means”; the Arkhangelsk Regional Assembly of Deputies (AOSD) held an expanded meeting of...

Ilim Group became the largest timber harvesteing enterprise in Russia in 2022

According to data of Roslesinforg, the amount of timber harvested in Russia decreased by 13.5% YoY to 194.6 million m³ in 2022, of which 37.1% (72.1 million m³) was accounted for by the twenty largest harvesting enterprises (the...

Ilim Group supplied 1.7 million tons of products to China in 2022

Wood pulp accounted for 1.359 million tons (+10% YoY) and cardboard, for 360,000 tons (+56% YoY) out of 1.7 million tons of finished products. The total volume of Ilim’s supplies to China increased by 266,000 tons in 2022....

Russian Timber Journal 02-2023: interview with Yuri Strezhen, CEO at Praktika Group; state support measures for the Russian timber industry affected by the sanctions pressure; China reduced log imports from all the main suppliers in 2022; Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber; the Government of the Russian Federation increased the maximum amount of compensation for the expenses of timber enterprises for the transportation of their products; in 2022, Russia reduced the volume of logging by 13.5% to 194.6 million m³, according to Roslesinforg; Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan; International Paper reaches agreement to sell ownership interest in Ilim joint venture; Segezha Group may reorient the Segezha West project to new products; the volume of furniture export from Russia dropped by 39% YoY in 2022, down to 29.5 billion rubles; Luzales and Slotex acquire Russian assets of IKEA

Russian Timber Journal 02-2023: Yuri Strezhen, CEO at Praktika Group: “This is a good time to improve the efficiency of both production and administrative processes of enterprises”; support measures mentioned by the business, relevant agencies, regions, the Government...

International Paper reaches agreement to sell ownership interest in Ilim joint venture

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...

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

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...

Ilim Group will allocate over RUB 18 billion for environmental projects in Bratsk in the next five years

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...

Russian Timber Journal 05-2022: interview with Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users operating LesEGAIS; plywood production continues to decline in Russia; Valmet’s withdrawal from Russia is progressing; Rehau to withdraw business in Russia

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...

In 2021, Ilim Group increases corrugated board output by 9%

In 2021, the output of Ilim Group corrugated box plants reached a record-high level of 282 million m² (131,000 tons). The Company has increased the output of corrugated board by 9% YoY. Over the last three years, Ilim’s...

Russian Timber Journal 11-2021: Interview with Metin Mete, General Manager at HAYAT Russia; U.S. has decided to almost double the duties on Canadian softwood lumber; U.S. homebuilding surged to an eight-month high in November 2021; Government of the Russian Federation approved the purchase of 75% of RFP Group by a Japanese investor; Russian Railways reports a significant reduction of timber cargo export from Russia in December

Russian Timber Journal 11-2021: Metin Mete, General Manager at HAYAT Russia: “The whole market of paper tissue products is growing by an average of 5% a year”; U.S. has decided to almost double the duties on Canadian softwood lumber...

Ilim Group may make an IPO

Ilim Group is considering the possibility of making an IPO as one of the alternatives for company development; it is negotiating with banks to that effect, Interfax reports. “The decision has not been made and will depend on...

Ilim Group posted revenue of over USD 1.26 billion in 1H 2021

In 1H 2021, the Company delivered 1.839 million tons of products. Owing to an extensive upgrade of the Bratsk Mill and rebuild of the softwood pulp line of the Ust-Ilimsk Mill completed in 2020, the Company intends to...