International Paper today announced that it has entered into an agreement to sell its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for US$484 million equity value. The sale is subject to regulatory approvals in Russia. This transaction indicates ~$3.5 billion in total enterprise value […]
Tag Archives: Arkhangelsk
15
Aug
Aug
Starting from October 21, 2019 pulp production of Arkhangelsk PPM JSC has switched to the utilization of hydrogen peroxide as a bleaching agent, thus displacing sodium hypochlorite used before. This change in the bleaching technology will let APPM fully produce bleached kraft pulp under ECF technology (without using chlorine). The technology is a universally recognized […]
03
May
May
Segezha Group restored 34,835 ha of forest lands in Russia. The reforestation projects have been approved by the governing authorities. Thus, between May and November 2021, Segezha Group restored forests in Krasnoyarsk Krai (15,800 ha), Karelia Republic (8,200 ha), Vologda (5,100 ha), Arkhangelsk (4,300 ha), and Kirov (1,300 ha) Regions. The forest harvesting and restoration cycle […]
17
Mar
Mar
International Paper announced its intention to explore strategic options, including the possible sale, of its 50% ownership interest in Ilim Group. International Paper has no intention to seek suspension of operations or initiate any liquidation or bankruptcy proceedings with respect to Ilim Group. In October of 2006, International Paper and Ilim Pulp announced the signing […]
30
Mar
Mar
Valmet will supply Valmet IQ Quality Control System and Valmet IQ Moisturizer to Arkhangelsk Pulp and Paper Mill, Jsc, in Novodvinsk, Russia. The new system will be installed onboard machine BM1 to improve the overall quality of the cardboard and the cross-directional moisture profile, thus increasing productivity and profitability in operations. The order was […]