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Tag: Segezha Group

Segezha Group upgrades its logging trucks in Krasnoyarsk Region

15 April 2021 ` 19:31  
Segezha Group (a Sistema JSFC company) is completing another investment project to upgrade its timber hauling fleet. The logging branches of Lesosibirsk LDK No. 1 falling within the Angarsky group are preparing to receive 10 tractor trucks and...

Lesosibirsky LDK No. 1 increases its production capacity

12 April 2021 ` 20:29  
Segezha Group has started its investment project for the construction of drying kilns at the site of Lesosibirsky LDK No. 1. The project will allow to increase the annual output of finished products. The plant currently produces over 600,000...

Segezha Group announces intention to float on Moscow Exchange

12 April 2021 ` 11:32  
Segezha Group (part of PJSFC Sistema) announces its intention to conduct an initial public offering of ordinary shares and to list on Moscow Exchange. The Offering will consist of a primary offering of newly issued shares to raise...

Segezha Group and Bellmer to build new paper machine at major production site in Vologda Region

2 April 2021 ` 18:02  
Segezha Group (a subsidiary of Sistema PJSFC) and machine manufacturer Bellmer have agreed to build a new paper machine at the Group’s paper factory in Sokol, Vologda Region. The new machine will come online in 2023. This project...

Segezha Group creates a think tank of the pulp and paper industry at the premises of Giprobum in St. Petersburg

26 March 2021 ` 19:35  
Segezha Group acquired Giprobum CJSC, an institution specializing in the design of pulp and paper mills, in early 2020. At the premises of the institute in St. Petersburg, the Group is creating its own “think tank” for improving...

Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex

24 March 2021 ` 20:40  
As Kommersant Newspaper reports, Lesosibirsky LDK No.1 (part of Segezha Group) sent an application to participate in the auction for the sale of the assets of Novoyeniseiskiy Wood-Chemical Complex (NWCC) on February 15, 2021. Lesosibirsky LDK No.1 was...

Segezha Group announces FY 2020 IFRS financial results

17 March 2021 ` 12:00  
Segezha Group, a subsidiary of Sistema PJSFC and a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing, announces its audited consolidated financial results prepared...

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...

Segezha Group opens an Innovation Center for high-tech packaging

9 March 2021 ` 14:03  
The new business unit will work on the creation of efficient and high-tech products in the field of paper packaging. It will implement projects for the optimization of the design and appearance of packaging and test new packaging...

Segezha ClearPly Hits International Markets on a Large Scale

4 March 2021 ` 18:35  
Late 2020 saw Segezha Group, a Sistema company, launch its domestic plywood product Segezha ClearPly across a wide range of international markets. The product’s quality and usability have already been noted by customers in North America, Australia, and...

Segezha Group launched the first industrial production line for CLT panels in Russia

1 March 2021 ` 15:07  
On 25 February, Mikhail Shamolin, the president of Segezha Group, visited Sokol in Vologda region to oversee the grand launch of the Sokol CLT plant (Segezha Group is a subsidiary of Sistema JSFC). The plant is the first...