Austrian Mayr-Melnhof Holz sold its sawmill MM-Efimovsky in Russia to Aspek-Les, according to the Unified State Register of Legal Entities of Russia. Since December 30, 2022, the owner of 100% of the shares of Mayer-Melnhof Holz Efimovsky LLC has become Aspek-Les LLC, which belongs to Mikhail Pitkevich. MM-Efimovskiy is no longer listed on the Mayr-Melnhof Holz website. The production […]
Tag Archives: domestic Russian market
06
Jan
Jan
Ilim Group has successfully completed the first water run of the Voith XcelLine kraft linerboard machine (KLB machine) at the company’s new KLB Mill in Ust-Ilimsk, Russia. A start-up of the KLB machine is scheduled for Q2 2023. According to Ilim, individual tests of its main equipment are underway. In December (2022), the KLB Mill […]
21
Dec
Dec
The Russian authorities have not approved the sale of Mondi’s Syktyvkar mill in the Komi Republic, Russia. A possible reason is too high a transaction price. The Syktyvkar assets were planned to be sold to Augment Investments Limited for RUB 95 billion (Euro 1.5 billion). Augment is an investment vehicle majority owned by Viktor Kharitonin, comprising […]
20
Dec
Dec
The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx. EUR 134 million. In 2021, the plants generated combined sales of approx. EUR 124 million. The transaction is expected to have a […]
13
Dec
Dec
Segezha Group is considering selling its European assets or forming joint ventures with a minority stake. According to Lesprom Network, the company has already received three offers from potential buyers, but the decision has not yet been made, explains Mikhail Shamolin, President of Segezha Group. As an alternative, Segezha Group is considering the possibility of […]
23
Nov
Nov
Russia plans to supply sodium chlorate from Uzbekistan, which is used to bleach pulp in the production of white paper. According to the data, agreements on this were concluded by the Russian delegation with Uzbek partners at the Innoprom forum in Tashkent. “Yes this is true. This is sodium chlorate, which is produced in Uzbekistan,” said […]
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 […]
14
Aug
Aug
Mondi Group agreed to sell its Russian Syktyvkar plant to Augment Investments Limited owned by Russian billionaire Viktor Kharitonin for 95 billion rubles ($1.5 billion). The assets in Russia will be transferred to Augment as part of the proposed disposal excluding a cash balance. Mondi’s London-listed shares jumped 11% on the news, as the company said […]