Tag: VTB

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...

VTB will provide 1.5 billion rubles for upgrading Vyshnevolotskoy Lespromkhoz (Tver Region)

Upgrading will concern the facilities where equipment for value-added wood processing will be installed. The project also involves building a new shop, warehouses and infrastructure sites at the enterprise. The company is planning to reach the design capacity...

Russian timber industry news #12-2016

– The Far Eastern company Arkaim is going to open plant for the production of antioxidants from raw wood in bonded zone Xinglong in China’s Changchun. “We plan to process here larch into antioxidants and prebiotics. These products...

Russian timber industry news #11-2016

– Kiev cardboard and paper mill (Ukraine, belongs to Pulp Mill Holding along with Russia’s Arkhangelsk PPM) became completely independent of the Russian market of wastepaper: over a four-month ban on the wastepaper exports from Russia, the plant...

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...

AFK Sistema holds negotiations to acquire Investlesprom from VTB bank

AFK Sistema holds negotiations with VTB bank to acquire Investlesprom holding, one of the largest Russian forest industry companies, as RBK St. Petersburg agency said quoting major Sistema’s shareholder Vladimir Evtushenkov. He said the value of the deal...