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Published in issue 10/2023
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Russia’s war of aggression against Ukraine induced Mondi to divest its assets and exit operations in Russia. In line with an agreement reached in August 2022, the Syktyvkar pulp and paper complex is planned to be sold to Augment...
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Published in issue 7/2023
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Belgium's VPK Group will soon commission its newly rebuilt recycled containerboard machine in Alizay. The company informed EUWID that the project, due to be concluded in the first quarter, was on schedule and that commercial...
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Published in issue 5/2023
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US pulp and paper manufacturer Domtar, a company of Canada’s Paper Excellence group, has completed the conversion of its Kingsport, Tennessee, mill from fine to recycled containerboard production. The first reel of paper was...
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Published in issue 5/2023
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International Paper Company (IP) has entered into an agreement to sell its 50 per cent interest in Ilim SA to its joint venture (JV) partners for an equity value of $484m. The sale was subject to regulatory approvals in Russia,...
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Published in issue 41/2022
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Pulp Invest LLC, a management buy-out vehicle, has acquired Sylvamo's Russian operations, including the Svetogorsk pulp and paper mill and long-term harvesting rights, for $420m. US-based international paper company Sylvamo has...
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Published in issue 37/2022
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Mondi began its scheduled annual maintenance routine by shutting down production at its integrated pulp and paper mill in Ružomberok, Slovakia. This year’s shutdown is not only for maintenance but also comes in response to wood...
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Published in issue 19/2022
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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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Published in issue 18/2022
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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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Published in issue 11/2022
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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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Published in issue 42/2021
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VPK Group announced that it would carry out the rebuild of the existing fine paper machine at the Double A Alizay mill in France in the second half of next year. The company ordered with Valmet the conversion of the existing line...
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