AFK Sistema holds negotiations to acquire Investlesprom from VTB bank
AFK Sistema holds negotiations with VTB bank to acquire Investlesprom holding, one of the largest Russian forest industry companies, as RBK St. Petersburg agency said quoting major Sistema’s...
View ArticleAFK Sistema may invest €1 billion to revive Polar Bear project at Segezha PPM
Vladimir Yevtushenkov’s AFK Sistema is ready to invest €1 billion into the Polar Bear project which involves the production of bleached softwood and bleached hardwood pulp, as well as non-bleached pine...
View ArticleRussian timber industry news #6-2016
- Lesozavod 25 (Sawmill 25, Arkhangelsk region) is investing RUR 4.8 billion in the modernization of Arkhangelsk LDK-3 sawmill acquired in late 2014 from Rusforest. The project will be implemented...
View ArticleRussian timber industry news #13-2016
- Valmet will deliver a biomass-fired boiler plant and related automation and environmental systems to Segezha pulpmill in the Republic of Karelia, Russia. Equipment delivery is scheduled for 2017. -...
View ArticleRussian timber industry news #18-2016
- At Segezha PPM, downtime is under way until 8 October for the modernization of the pulpmill’s fibre line, digester #4. The upgrade of the line will raise the pulp cooking capacity by 28% to 1,150...
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