Swedish hygiene products group Essity (ESSITYa.ST) has divested its operations in Russia, the company said in a statement on Saturday. The company said it did not expect to see a material financial impact from the winding down of its Russian business. Essity has signed an agreement with a buyer and the transaction has been approved by the […]
Tag Archives: russia sanctions
29
May
May
The Russian packaging sector is facing with the deepest crisis in its modern history, as the ongoing military conflict between Ukraine and Russia and unprecedented sanctions, imposed on the country have resulted in the massive exodus of global packaging producers from the local market and posed a threat of the shortage of packaging in the […]
31
Dec
Dec
In January – November, Russia decreased plywood production by 28% y-o-y to 3.0 million m3. According to Rosstat, production of plywood in November fell 38%. Russian companies continue to export plywood to the U.S. despite high duties and low prices. In October, Russian producers exported 52 thousand m3 of plywood to the U.S., which is […]
30
Dec
Dec
The Government of Russia has extended protective duties on rough-sawn lumber for three years until December 31, 2025, Interfax reported with reference to the Deputy Prime Minister Victoria Abramchenko. The increased rates apply to the exports of lumber with a moisture content of more than 22%, a thickness and a width of more than 10 cm. Export […]
News
Ilim Group completes successful test run of kraft linerboard machine at Ust-Ilimsk mill in Russia
29
Dec
Dec
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 […]
29
Dec
Dec
this should not come as a big surprise after our previous report on the condition of russian pellet export , now ULK Group, the largest sawmill company in the Northwest of Russia, will stop all of its pellet production facilities due to lack of sales. The company has already completely stopped the pellet plant in […]
News
Russia cannot compensate for stop of exporting wood pellets to Europe with deliveries to other markets
28
Dec
Dec
Since July, after the start of the EU sanctions, South Korea became the only export destination for Russian producers of wooden pellets. However, the volume of pellets sent to this country cannot compensate for the reduction in supplies to Europe. In November 2022, Russia tripled exports of fuel pellets to South Korea to 65 thousand […]
10
Dec
Dec
Sanctions on the import of birch and other wood raw materials from Russia led to an increase in the price of paper in the majority of EU countries, however, at present, the such negative effect is being reduced to a minimum, according to recent statements, made by some leading EU analysts in the field of […]
03
Dec
Dec
Prices for thermal point-of-sale (POS) paper in October were unchanged compared with September for the fifth month in a row despite global price increase announcements by major suppliers including Hansol Paper and Koehler, according to Fastmarkets’ PPI Pulp & Paper Week survey. Domtar, the sole thermal POS producer in North America, increased prices by 10% in June and since then […]
23
Aug
Aug
Amcor recently announced that it will be selling its three factories in Russia. This announcement is in line with its statement in March regarding scaling down activities and exploring strategic options for its Russia operations. Until completion of the sale, which is currently expected to occur in the second half of its 2023 fiscal year, […]