Tag Archives: Russian paper industry

Mondi Seeking Divestment of Its Paper and Packaging Operations in Russia

Mondi announced that after having assessed all options for the Group’s interests in Russia and recognizing its corporate values and stakeholder responsibilities, its Board has decided to divest the Group’s Russian assets. Mondi’s most significant facility in Russia is a wholly owned paper mill located in Syktyvkar (Komi Republic). The fully integrated pulp and paper […]

Huhtamaki to initiate process to divest its Russian operations

Huhtamaki has decided to initiate the process to divest its operations in Russia. This follows an earlier decision to stop all investments in Russia at the outbreak of the invasion of Ukraine. Huhtamaki considers that the current evolution of the situation and the long-term outlook in Russia will prevent the realization of its growth strategy […]

Konecranes comments on the impacts of the war in Ukraine on its business and financial performance

Konecranes condemns the war in Ukraine. We are saddened and upset by the war and deeply concerned for our over 400 Ukrainian employees and their families. Their safety and well-being are number one priority for Konecranes as a company, and the Konecranes community is supporting them and their compatriots through local and global efforts. Konecranes […]

ARKHBUM-UPAK LLC eyes to become leading producer of paper bags in Russia

ARKHBUM-UPAK LLC, which is part of the Austrian group of companies Pulp Mill Holding GmbH, increased the production of bags from paper by 162% up to 71 million units in 2021, which became one of the record figures for the market. The company has also expanded its export range, while its share in the overall […]

Moscow city posts significant growth of paper production in 2021

The volume of paper production in the Russian city of Moscow grew by almost 30% during the period of January-November, 2021 year-on-year basis, according to recent statements and data, provided by Moscow regional authorities. The achieved growth was confirmed by Vladimir Yefimov, Deputy Mayor of Moscow for Economic Policy and Property and Land Relations, according […]

Kemira increases prices for all product lines in Pulp & Paper Americas

Kemira to increase prices for all product lines in Pulp & Paper, Americas effective March 15, 2022. Costs for all main raw materials, energy (direct and indirect), packaging materials and freight have massively increased during recent months and continue to rise. Significant price increases in the range of 15% to 30% are necessary and will […]

Sanctions against Russian exports will permanently alter the global trade of forest products

Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions by Europe, North America, and major markets in Asia halted shipments from Russia and Belarus. In addition, exports from Ukraine were also disrupted. The total lumber exports from the three countries in the war zone […]

Ilim Group Reviews 2021 Performance, Plans to Expand Exports to China

Ilim Group recently published a report on its performance in 2021. The company produced 3.64 million tons of finished products, and pulp continues to make-up the major share (2.16 million tons) of Ilim’s production volumes. Ilim continued to increase the share of packaging materials in its product portfolio. Last year this segment accounted for about […]

Selenginsky pulp and paper mill eyes to become leading paper and cardboard producer in Russian Siberia

Selenginsky pulp and paper mill (SCCC), one of Russia’s largest paper mills, located in Buryatia Republic will be modernized with the cost of the project more than RUB2 billion (US$26 million), according to press service of the government of the republic. The main purpose of the planned modernization is to improve the quality of finished […]

Russia experiences sharp demand for sanitary and hygienic paper products

The demand for sanitary and hygienic paper products as well as paper packaging in Russia is steadily growing with a simultaneous decline of demand for newsprint, according to some leading Russian paper producers and local media reports.   According to analysts, there is a trend towards the re-profiling of specialized enterprises in paper sector of […]