Ilim Group anticipates a steady rise for its products in China due to increasing hygienic and sanitary paper and pulp production and the expanding packing paper segment in five key regions: Baoding, Sichuan, Xinjiang, Shandong and Henan. Ilim Group also expects export sales in China to exceed 1.9 million tons, as the company says in the press release received by Lesprom Network.
Pulp consumption in China is forecasted to rise to 38 million tons by 2020. To satisfy this demand, Ilim Group plans to implement an investment project to further develop its production facilities in Bratsk and Ust-Ilimsk. The suggested investment amounts to RUB 53 billion ($910 million). Implementing this project will enable Ilim Group to increase its total annual pulp and paper production volumes by over 500,000 tons. In addition, the construction of a new pulp production unit in Ust-Ilimsk is also being considered.
The company will pay particular attention not only to increasing products sales volumes, but also to developing logistics infrastructure to facilitate sales via sea and river routes in the country’s south.
Ilim Group is the largest pulp and paper company in Russia.
