Sylvamo announced it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received approximately $390 million in cash proceeds. “We made a principle-based decision to exit Russia and believe Pulp Invest is the best option […]
Tag Archives: Russian pulp and paper mills
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 […]
11
Aug
Aug
Ilim Group is finalizing the construction of the largest kraftliner mill (KLB Mill) in Ust-Ilimsk, Russia. It is the first mill in the Russian pulp and paper industry to use a two-stage biological wastewater treatment system. The Ust-Ilimsk Mill will be the largest kraftliner production site in Russia with the output of 600 thousand tons of finished products […]
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 […]
11
May
May
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 […]
22
Apr
Apr
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 […]
20
Apr
Apr
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 […]
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 […]
News
Selenginsky pulp and paper mill eyes to become leading paper and cardboard producer in Russian Siberia
19
Mar
Mar
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 […]
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 […]