Tag Archives: segezha group

Crisis looms over Russian pulp and paper industry amidst sanctions and plummeting Chinese demand

The Russian pulp and paper industry is facing an acute crisis in product sales. The main reasons for this difficult situation are sanctions and a severe lack of demand in the Chinese market, exacerbated by exorbitant export logistics costs. Pulp and paper mills, have been forced to cut down production volumes. In the first half […]

Finnish and American paper packaging manufacturers eye acquisition of EU factories of Russian Segezha Group

A number of Finnish and American paper packaging manufacturers are interested in the acquisition of European assets of the Russian timber and paper holding Segezha Group That has been recently confirmed by company’s president Mikhail Shamolin. According to the top manager, several offers have already been received from potential buyers and the holding is considering […]

Segezha Group considers sale of its packaging plants in Europe

Segezha Group is considering selling its European assets or forming joint ventures with a minority stake. According to Lesprom Network, the company has already received three offers from potential buyers, but the decision has not yet been made, explains Mikhail Shamolin, President of Segezha Group. As an alternative, Segezha Group is considering the possibility of […]

Segezha Group expanded its reforestation area by 20 per cent in 2021

Segezha Group restored 34,835 ha of forest lands in Russia. The reforestation projects have been approved by the governing authorities. Thus, between May and November 2021, Segezha Group restored forests in Krasnoyarsk Krai (15,800 ha), Karelia Republic (8,200 ha), Vologda (5,100 ha), Arkhangelsk (4,300 ha), and Kirov (1,300 ha) Regions. The forest harvesting and restoration cycle […]

Segezha Group invests in new paper machine

Segezha Group, a subsidiary of Sistema PJSFC, and machine manufacturer Bellmer have agreed to build a new paper machine at the group’s paper factory in Sokol, Vologda Region, Russia. The new machine will come online in 2023. This project is part of Segezha’s endeavour to modernize paper production at the Sokol factory and will increase […]

New large-scale pulp and paper cluster to be established in Russia’s Vologda region

A new pulp and paper cluster will soon be established within the territory of the Russian Vologda region, according to recent statements, made by representatives of regional authorities and local media reports. It is planned, in the heart of the new cluster will be two projects, implemented by Segezha Group, one of Russia’s largest pulp […]

Segezha Group expands biofuel production

Lesosibirsk Sawmills and Woodworking Plant , part of Segezha Group , has signed a contract with AS Hekotek, Estonia, for supplying a set of equipment for its pellet production facility. The launch of the facility is planned for Q2 2023. Investments into the project will reach 10.1 million euros. The production capacity is estimated at […]

Russia’s Segezha Group launches large-scale production of micro-creped paper

PJSC Segezha Group, a subsidiary of AFK Sistema, has officially begun industrial production of white micro-creped and white micro-creped highly porous paper at the capacities of its Segezha Pulp and Paper Mill (PPM) in Karelia, according to the company and the authorities of Karelia Republic. Vice president for commercial activities of Segezha Group Alexander Kharitonov, […]

Segezha Group launches pellet production facility in Sokol

Segezha Group, a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing (MOEX: SGZH) and part of Sistema PJSFC, is continuing the construction of a pellet production facility to turn by-products and wood waste into biofuel pellets at its Sokol Woodworking Plant. […]

Russia’s Segezha Group to suspend production of pulp at its flagship Karelia mill by 2024-2025

Segezha Group, one of Russia’s largest timber holdings, will suspend the production of pulp at Segezha Pulp and Paper Mill in Karelia after the launch of a new enterprise of the Segezha West project by the end of 2024 – early 2025, according to recent statements, made by Mikhail Shamolin, head of Segezha Group during […]