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: Russian paper producer
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 […]
04
Aug
Aug
Industry proposal As Russia’s invasion of Ukraine continues to impact on the country’s economy, Russian food industry players have requested the country’s authorities to approve new standards for food packaging which would reduce the required sizes of labels, and increase the sizes of packaging for particular products. The proposed changes are designed to help food […]
News
Konecranes comments on the impacts of the war in Ukraine on its business and financial performance
25
Apr
Apr
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 […]
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 […]
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 […]
International Paper recently announced that it was exploring options for Russian paper producer Ilim Group, including a possible sale of its 50% stake. International Paper said it has no intention to seek the suspension of operations or initiate any liquidation or bankruptcy proceedings with respect to the group. Ilim Group, a 50/50 joint venture between […]