Russian plywood exports decreased by 41% to 2 million m3 in 2022. The export value fell by 39% to $1,2 billion. Europe and the USA have been the main markets for Russian plywood exporters. However, exports to Europe were vastly reduced due to sanctions imposed on Russia in 2022, and U.S. export duty on Russian […]
Tag Archives: turkey
14
Jan
Jan
Following our announcement on 16 August 2022, we are pleased to confirm that Mondi has completed the acquisition of the Duino mill near Trieste, Italy, from the Burgo Group. Mondi plans to invest around €200 million in converting the existing lightweight coated mechanical paper machine at the mill into a high-quality, cost-competitive recycled containerboard machine […]
24
Dec
Dec
Saica Group has reached an agreement to acquire the majority of shares (76%) of Fox Recykling, a waste management company in Poland. Thanks to this acquisition, Saica strengthens its growth strategy in Eastern Europe and expands the footprint of one of its business divisions: Saica Natur. “This milestone is a step forward in Saica´s business […]
News
Finnish and American paper packaging manufacturers eye acquisition of EU factories of Russian Segezha Group
17
Dec
Dec
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 […]
13
Dec
Dec
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 […]
18
Apr
Apr
IndexBox has just published a new report: ‘World – Recovered Paper – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings. In 2021, the global recovered paper market was finally on the rise to reach $46.4B after three years of decline. The market value increased at an average […]
01
Mar
Mar
In just four months, Tetra Pak has co-invested over €11.5 million with recyclers and industry players, to help set up four completely new recycling solutions for carton packages in Turkey, Saudi Arabia, Ukraine and Australia. From building recycling capacity from scratch via cross-border cooperation (in Saudi Arabia), expanding that capacity by 50% (in Turkey), tripling […]
02
Aug
Aug
Svetlogorsk pulp and paper mill, one of the largest pulp and paper producers in Belarus, may reach design capacity for bleached sulphate pulp production up to 400,000 tons by 2023, according to recent statements, made by the Prime Minister of Belarus Roman Golovchenko. Roman Golovchenko comments: «This is a complex technological production. At present, […]
15
Jun
Jun
The Black Sea Trade and Development bank (BSTDB) has provided a 7-year EUR 75 million loan to the Turkish Hayat Kimya Group for the construction of a new factory in Kaluga (Russia) producing cleansing tissue and towel paper. The total project cost is EUR 134.5 million. This will be the third Group’s production facility […]
03
May
May
“Karelia Pulp”, a Russian pulp and paper producer, has closed a deal for the acquisition of one of its major rivals in the local market – the Kondopoga PPM. As a result of public tender, Karelia Pulp became the owner of 100% shares of Kondopoga Pulp and Paper Mill, Russia’s largest manufacturer of newsprint. According […]
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