Tag: Pitkyaranta

The pulp mill in Pitkyaranta (Karelia) to increase the output of wood pulp to 140,000 tons per year

In the near future, RK-Grand LLC (owner of the plant) will invest 1.5 billion rubles in the town-forming enterprise of Pitkyaranta – a pulp mill, – which will increase the output to 140,000 tons of wood pulp per...

Russian Timber Journal 03-2021: interview with Oleg Fokin, Commercial Director of Sudoma Sawmill; markets of South Korea and Japan: prospects for the development of wood pellet exports from Russia; U.S. softwood sawn timber prices unchanged from the previous week; timber exporters from Irkutsk are experiencing difficulties in shipping products to China; investments in the Russian forest industry decreased by 9.8% in 2020

Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...

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...

Pitkyaranta pulpmill declared bankrupt

The Arbitration Court of Karelia admitted bankruptcy status of Pitkyaranta pulpmill, according to Forest Portal of Karelia. Thus, the court approved the application of the enterprise on its own insolvency. The mill opened bankruptcy proceedings for a period...