Tag: Mondi

Russian Timber Journal 07-2023: interview with Segezha Group President Mikhail Shamolin after the announcement of the company’s financial and operating results for Q2 2023; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces agreement to sell Mondi Syktyvkar; transaction on International Paper stake buyout by Russian shareholders is closed; Cherepovets Plywood and Furniture Plant and VLP Group have completed a major investment project on building a plywood mill in the Vologda region; Association of Furniture and Woodworking Enterprises of Russia: in H1 2023, the Russian furniture output increased; President of the Russian Federation instructed to accelerate the issuance of documents for building multi-story wooden houses

Russian Timber Journal 07-2023: Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces that it has entered into an...

Mondi announces agreement to sell Mondi Syktyvkar

Mondi announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar to Sezar Invest LLC for a total cash consideration of RUB 80 billion (approximately €775 million...

Russian Timber Journal 06-2023: interview with Vitaly Demidenko, Sales Director at Sveza; in 2022, Russian timber harvesting volumes dropped to the lowest level in the last 9 years; Russian timber exporters were able to reimburse up to 80% of their costs of product transportation via sea ports in the Northwestern Federal District; Federation Council suggested introducing prohibitive duties on furniture and paper from unfriendly countries; Essity has exited the Russian market; Luzales plans to open new plywood plant in the Omsk region; Russian plywood output increased in June 2023

Russian Timber Journal 06-2023: Vitaly Demidenko, Sales Director at Sveza: “The period when the demand for birch plywood surpassed the supply in the available markets is over. The approach to sales changed too.”; According to the Rosleskhoz, in 2022, the...

Mondi to acquire Duino mill from the Burgo Group for €40 million

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 sells Mondi Syktyvkar for €1.5 billion

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...

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...

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an order from Siempelkamp

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an...

Russian Timber Journal 01-2021: Dmitry Rudenko, Vice President of Segezha Group: demand for wooden houses currently exceeds the productive capacity; the Ministry of Industry and Trade of Russia held the IV LPK 360° Timber Industry Forum themed A New Era of Development as part of the measures for the development of the timber industry; the Government approved the RF Forest Sector Development Strategy until 2030; how soon will Russia become the world’s largest wood pellet supplier?

Russian Timber Journal 01-2021: WhatWood Agency interviewed Dmitry Rudenko, Vice President of Segezha Group, about the expectations for wooden housing construction and the CLT construction technology that is relatively new for Russia; WhatWood Agency summarizes key theses of the plenary...

Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019 by final Rosleskhoz data

Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019...

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log price index in Russia

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log...

Mondi invests €30 million into one of its most innovative factories for the production of corrugated packaging

About €30 million will be invested in the modernization of the Mondi factory in Ansbach in southern Germany, including the installation of a modern corrugated unit, which is planned to be completed in 2020. This will allow the...

Mondi’s 2018 revenue up 5% to Euro 7.48 billion

Underlying EBITDA of Euro 1,764 million was up 19% on the prior year, with strong contributions from Fibre Packaging and Uncoated Fine Paper. A combination of higher selling prices, strong operational performance, the contribution from acquisitions and the benefits of its ongoing...