The EU carbon market forms the cornerstone of Europe’s plan to reduce its CO2 emissions by 55% until 2030, from a 1990 baseline. Final agreements on its mechanisms, published today, show that a number of ‘delegated acts’ will still be required to provide much-needed details. These delegated acts could take another two years before being […]
Tag Archives: Eastern European paper industry
25
Jan
Jan
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 […]
25
Jan
Jan
Mondi, a global leader in packaging and paper, has partnered with Noel Alimentaria, supporting them and their choice of a paper-based solution for food products that greatly reduces the use of plastic. Mondi worked closely with Noel Alimentaria to identify the best possible packaging solution for their range of plant-based and meat food. The collaboration […]
21
Jan
Jan
In November 2022, the imports of wood chips to European Union fell 55% year-on-year to 280 thousand tonnes. the average price for wood chips imported to European Union increased 22% compared to the previous month and amounted to $138 per ton. This is 67% more than a year ago when it was $82. source: Lesprom […]
31
Dec
Dec
In January – November, Russia decreased plywood production by 28% y-o-y to 3.0 million m3. According to Rosstat, production of plywood in November fell 38%. Russian companies continue to export plywood to the U.S. despite high duties and low prices. In October, Russian producers exported 52 thousand m3 of plywood to the U.S., which is […]
30
Dec
Dec
The Government of Russia has extended protective duties on rough-sawn lumber for three years until December 31, 2025, Interfax reported with reference to the Deputy Prime Minister Victoria Abramchenko. The increased rates apply to the exports of lumber with a moisture content of more than 22%, a thickness and a width of more than 10 cm. Export […]
29
Dec
Dec
this should not come as a big surprise after our previous report on the condition of russian pellet export , now ULK Group, the largest sawmill company in the Northwest of Russia, will stop all of its pellet production facilities due to lack of sales. The company has already completely stopped the pellet plant in […]
News
Russia cannot compensate for stop of exporting wood pellets to Europe with deliveries to other markets
28
Dec
Dec
Since July, after the start of the EU sanctions, South Korea became the only export destination for Russian producers of wooden pellets. However, the volume of pellets sent to this country cannot compensate for the reduction in supplies to Europe. In November 2022, Russia tripled exports of fuel pellets to South Korea to 65 thousand […]
25
Dec
Dec
UPM is finalizing the construction works of the greenfield eucalyptus pulp mill in Uruguay and enters the final phases of the project. The start-up of the 2.1 million tonne/year mill near Paso de los Toros is expected by the end of the first quarter of 2023. While the project work continues intensively, the finalization of […]
24
Dec
Dec
Saica Group has reached an agreement to acquire the majority of shares (76%) of Fox Recykling, a waste management company in Poland. Thanks to this acquisition, Saica strengthens its growth strategy in Eastern Europe and expands the footprint of one of its business divisions: Saica Natur. “This milestone is a step forward in Saica´s business […]
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