Russian plywood exports decreased by 41% to 2 million m3 in 2022. The export value fell by 39% to $1,2 billion. Europe and the USA have been the main markets for Russian plywood exporters. However, exports to Europe were vastly reduced due to sanctions imposed on Russia in 2022, and U.S. export duty on Russian […]
Tag Archives: egypt
15
Jun
Jun
The Black Sea Trade and Development bank (BSTDB) has provided a 7-year EUR 75 million loan to the Turkish Hayat Kimya Group for the construction of a new factory in Kaluga (Russia) producing cleansing tissue and towel paper. The total project cost is EUR 134.5 million. This will be the third Group’s production facility […]
03
May
May
“Karelia Pulp”, a Russian pulp and paper producer, has closed a deal for the acquisition of one of its major rivals in the local market – the Kondopoga PPM. As a result of public tender, Karelia Pulp became the owner of 100% shares of Kondopoga Pulp and Paper Mill, Russia’s largest manufacturer of newsprint. According […]
29
Sep
Sep
Toscotec signed an agency agreement for both its Tissue and Paper & Board divisions with Chemitex Egypt for Trading & Agencies, S.A.E. to increase its sales in the Egyptian market, where it recently landed a number of P&B rebuilding orders. Toscotec entrusted Sameh Habib, founder and owner of Chemitex-Egypt, with the agency. Habib has fifteen […]