Tag Archives: Russian paper industry

Ilim Group appoints new CEO

The Board of Directors appointed Aleksei Lomko as Chief Executive Officer of  Russian JSC Ilim Group effective from October 30, 2023. Aleksei Lomko is one of key opinion leaders in corporate law, management, legal support, and re-engineering of large companies.   Mr Lomko is a graduate of the Ural Legal Academy and holds MBA degrees from […]

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 […]

Three companies collaborate on bioethanol commercial plant in Japan

Nippon Paper Industries, Sumitomo Corporation and Green Earth Institute (“GEI”) agreed to begin trilateral consideration of the first commercial production of cellulosic bioethanol from woody biomass in Japan and its development into bio-chemical products. Bioethanol is currently attracting attention in countries worldwide striving for carbon-neutral societies as a renewable energy source and as feedstock for […]

Ence signs sales agreements for about 1 million tons of pulp for 2023

Ence has already closed sales agreements for approximately 1 million tons of pulp for the year 2023, which means covering the maximum production of the company’s biofactories for this year. Mainly, the sales agreements reached are destined for the European market, in which Ence has significant competitive logistical and customer service advantages. Through these operations, […]

Austrian Mayr-Melnhof Holz sells its only sawmill in Russia

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 […]

Ilim Group Nearing Start-up of New Kraftliner Machine at Ust-Ilimsk Mill in Russia

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 […]

Ilim Group completes successful test run of kraft linerboard machine at Ust-Ilimsk mill in Russia

Ilim Group has successfully completed the first water run of the XcelLine kraft linerboard machine (KLB machine) – the key equipment of the company’s new KLB Mill in Ust-Ilimsk, Russia. A start-up of the KLB machine is scheduled for Q2 2023. Individual tests of its main equipment are underway. In December, the KLB Mill facilities were […]

Mayr-Melnhof Group sells two packaging sites in Russia

The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx. EUR 134 million. In 2021, the plants generated combined sales of approx. EUR 124 million. The transaction is expected to have a […]

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 […]