The Ministry of Industry and Trade of Russia has included the Ilim Group project in the federal list of priority investment projects

The investment project “Modernization of Production of Ilim Group JSC in the Arkhangelsk Region” is included in the list of priority investment projects in the forest industry (by the Order of the Ministry of Industry and Trade of Russia No. 2186 dated July 9, 2020).

Investments will amount to more than 3.5 billion rubles. The project is planned to be completed in 2Q 2021.

After the project is included in the federal list of priority investment projects, Ilim Group JSC has signed the lease agreements for AAC over 300.000 m³ the Arkhangelsk Region.