Tag: Karelia

Russian timber industry news #10-2015

– Zabaikalsky region governor Konstantin Ilkovsky has visited the site of priority investment project TsPK Polyarnaya. According to the regional authorities, the project is going on schedule. The project will comprise three stages. – On 18 May 2015,...

Russian timber industry news #8-2015

– At the meeting of Karelia governor Alexander Khudilainen with the Managing Director of the American company Development & Investment LLC Charles Munger the parties signed a cooperation agreement providing for the construction of a housing factory. –...

Stroy Investresurs LLC plans to build a bleached CTMP mill in Karelia

Stroy Investresurs LLC will build an enterprise for the production of bleached chemical thermomechanical market pulp (CTMP) in Karelia. The total cost of the project will reach €125 million. According to the information of the investor, CTMP is...

Investlesprom prepared for axle load limit, intends to decrease log purchase prices in NW Russia

The largest enterprises of the Russian timber industry holding Investlesprom have stocked wood resources sufficient for smooth operations during the spring impassability of roads, the press service of the holding reported. In the spring, regional authorities traditionally impose...

FSC certificate of Swedwood Karelia suspended

Following the results of check, NEPCon audit company suspended FSC forest management certification issued to Swedwood Karelia. “This is the confirmation of the claims of Russian and Swedish environmental organizations expressed in December 2012 at the meeting with...

AFK Sistema may invest €1 billion to revive Polar Bear project at Segezha PPM

Vladimir Yevtushenkov’s AFK Sistema is ready to invest €1 billion into the Polar Bear project which involves the production of bleached softwood and bleached hardwood pulp, as well as non-bleached pine pulp at Segezha PPM (Karelia). Investlesprom holding...

Pulpwood deficit in Karelia in 2013 amounted to 2.7 million m3

In 2013, the deficit of softwood for the pulp and paper industry of Karelia amounted to 2.7 million m3, and raw materials for the mills are imported from outside the region. Currently the annual allowable cut in Karelia...

Kondopoga CEO: spruce pulpwood in Karelia is almost twice as expensive as in Komi

Debts of Kondopoga pulp and paper mill to the loggers (first of all, those located in Vologda region) were put into the registry debts list, and the mill is not able to settle it now, because it is...

CTS Invest called off its investments into Pitkyaranta pulpmill

CTS Invest group cancelled its intention to invest €50 million in the development of Pitkyaranta pulpmill, says the Forest portal of Karelia. Previously, the company signed the agreement on repurchase of debt with the enterprise’s principal creditor, VTB...

Kondopoga pulpmill stopped two lines

Kondopoga pulp and paper mill has stopped two paper machines, as said by the Forest portal of Karelia. Presently, PM3, 7, 8 and 9 are working. The mill production is loaded at 60%, spruce pulpwood stocks last week...

Kondopoga pulpmill managed to find new consumers and make newsprint price hikes

Finnish specialists advised Kondopoga pulpmill to convert one of the papermaking machines and increase speed at two other machines, but this will require considerable investments not yet affordable to the company at the moment, as mill’s Chief Executive...

CTS Invest to allocate RUR 2 billion into Pitkyaranta pulpmill modernization

CTS Invest company is going to invest RUR 2 billion into modernization and further development of Pitkyaranta pulpmill, according to the Forest portal of Karelia. This decision was announced at a press conference on July 01 attended by...