Tissue - Market news and analysis

August 16, 2017

Combined revenue of 50 biggest Russian wood based companies increased 17.5%

In 2017, a 50 companies make it onto 9th annual ranking of Russia's largest forest based companies, published by the Russian woodworking journal Lesnaya Industriya. Taken as a group, these companies have combined revenues of 482.8 billion roubles ($5.19 billion), up 17.5% from previous ranking. Ilim...
August 15, 2017

Cascades 2Q sales increased by 13%

Cascades Inc. reports its unaudited financial results for the three-month period ended June 30, 2017. 2Q 2017 sales of $1,130 million increased by $132 million, or 13% compared to the same period last year, reflecting growth and favourable exchange rates in all four of the Corporation's business seg...
August 14, 2017

Metsä Group reports 2Q comparable operating of Euro 119 million

Metsä Group’s sales in January–June 2017 were Euro 2,451.4 million, compared to Euro 2,339.5 million in 1H 2016. The growth in sales is primarily the result of greater delivery volumes, as the company says in the press release received by Lesprom Network.The comparable operating result was Euro 246....
August 11, 2017

Andritz to supply a sludge handling system to Monalisa Co. Ltd. in South Korea

International technology Group Andritz has received an order from Monalisa Co. Ltd., Seoul, South Korea, to supply the key components for a new sludge dewatering process to be installed at its Tissue production line in Jeonju. Start-up is scheduled for the end of 2017, as the company says in the pre...
August 11, 2017

AB Grigeo sales increased by 26% in 1H 2017

During the six months of 2017, the AB Grigeo Group (the Group) achieved the consolidated sales turnover of Euro 62.3 million. It is by 24%more than during the same period of 2016, when consolidated Group’s turnover was Euro 50.3 million. At this moment the Group consisting of AB Grigeo, UAB Grigeo B...
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