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Lecta posts 2021 net loss despite improved market environment

18 May 2022
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Published in issue 20/2022
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~ 4 min
Paper producer Lecta ended 2021 in the red even though the market conditions for specialty papers and especially for fine papers improved considerably compared to 2020. Nevertheless, the company said it was satisfied with the...
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Arctic Paper posts record first quarter results

18 May 2022
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Published in issue 20/2022
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~ 2 min
“We have succeeded well in offsetting the rising costs of raw materials, energy, and logistics with paper price increases,” said Michał Jarczyński, CEO of Arctic Paper, at the presentation of the company’s financial results for...
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Mondi to sell Syktyvkar paper mill in Russia

11 May 2022
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Published in issue 19/2022
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~ 3 min
After examining all options for several weeks, paper and packaging manufacturer Mondi has decided to sell its assets in Russia. In a statement on 4 May, Mondi said: “The divestment process for these significant assets is...
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VPK Alizay: Fine paper production ends, packaging paper to start in Q1 2023 following rebuild in H2 2022

04 May 2022
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Published in issue 18/2022
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~ 2 min
VPK ceased production of woodfree uncoated paper at its Alizay plant in France as of 10 March. As planned, from early July it wants to start rebuilding its paper machine to produce recycled corrugated case material. The production...
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UPM's mills in Finland expected to come on stream in the course of this week

27 April 2022
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Published in issue 18/2022
|
~ 1 min
Coming on stream after a 16 weeks' strike, UPM's Finnish paper mills might bring a new twist to the supply-demand ratio on European printing and writing paper markets. After the strike at UPM's mills in Finland ended Friday last...
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APRIL to build new board mill in Sumatra

12 April 2022
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Published in issue 15/2022
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~ 2 min
Asia Pacific Resources International Limited (APRIL), the pulp and paper subsidiary of China's Royal Golden Eagle International, will build a new giant pulp and board mill adjacent to its existing site in Pangkalan Kerinci, in...
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Newsprint at Stora Enso's Langerbrugge mill

Stora Enso plans to sell four paper mills

Newsprint at Stora Enso's Langerbrugge mill
29 March 2022
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Published in issue 13/2022
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Valeria Buß
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~ 2 min
Stora Enso has announced a major strategic step. The company will part with four publication and fine  paper mills making 1.7 million t of paper. Stora Enso has initiated a sales process for a possible divestment of four paper...
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Sylvamo considers exiting operations in Russia

16 March 2022
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Published in issue 11/2022
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~ 1 min
Pulp, paper and board producer Sylvamo announced on 7 March that it was beginning an orderly suspension of operations in Russia. Furthermore, the company said it would continue to assess various options for its operations in...
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IP reviews options concerning Ilim Group JV in Russia

16 March 2022
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Published in issue 11/2022
|
~ 1 min
International Paper (IP) is reacting to Russia’s invasion of Ukraine. The US company is thinking about possible measures to be taken concerning the Ilim Group in Russia, in which it has a 50 per cent joint venture interest."We are...
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Production restrictions for Sylvamo Svetogorsk possible

Production restrictions for Sylvamo Svetogorsk possible

Production restrictions for Sylvamo Svetogorsk possible
09 March 2022
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Published in issue 10/2022
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~ 1 min
Facing inadequate supplies of critical raw materials, Sylvamo may curtail or temporarily shut down pulp and paper production at its Svetogorsk, Russia, mill later this week. The mill is currently operating while the company takes...
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