All Russian invasion of Ukraine articles
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ArticleInvasion of Ukraine contributed to halved Russian lumber export prices, says WRI
Wood Resources International has calculated an almost 50% decrease in export prices for Russian lumber since early 2022 – an outcome attributed to import boycotts stemming from Russia’s invasion of Ukraine, lower demand in China, and the weakening of the ruble against the US dollar.
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ArticleWRI’s market insights for global forest industry highlight $1 billion loss in Russian lumber exports and lowered European pulp prices
Wood Resources International has shared market insights for the global forest industry this quarter, including Europe’s close proximity to a twenty-year high in sawlog prices and a decline in its pulp prices due to an apparent decrease in global paper demand.
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ArticleRussian wood chip and log imports to Finland thought to have fallen to zero in 2022
Imports of wood chips and logs to Finland from Russia fell from an all-time high in 2020 to zero in the third quarter of 2022, according to Wood Resources International.
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ArticleResilinc records 38% increase in European supply chain disruptions in 2022
New data released by Resilinc has indicated towards a 38% increase in supply chain disruptions across Europe in 2022 – predominantly a result of factory fires, mergers and acquisitions, and business sales, as well as such socio-political issues as the Russian invasion of Ukraine.
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ArticleMondi set to divest Russian operations to the Gotek Group for around €24 million
Mondi has announced that it will sell its Russian packaging converting operations – a corrugated solutions plant and two consumer flexibles plants – to the Gotek Group for a cash payment of RUB 1.6 billion, or approximately €24 million at the current exchange rate.
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ArticlePolymers for Europe Alliance objects to additional ‘energy surcharges’ in supply agreements with plastics manufacturers and converters
The Polymers for Europe Alliance has highlighted ‘energy surcharges’ as a prevalent issue faced by manufacturers and converters in the plastics industry and is calling for their removal from suppliers’ industrial negotiations.
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ArticleEquanimator and Zero Waste Europe warn that waste incineration cannot completely offset demand for Russian gas
According to a new study commissioned to Equanimator by Zero Waste Europe, waste incineration only displaces around 1.1% of the EU27’s consumption of Russian gas. Instead, it proposes the reduction of consumption and waste as a more effective solution to the current crisis.
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ArticleAluminium and the energy crisis: Is it time for politicians to step in?
Aluminium is one of many industrial sectors suffering under the weight of rising energy prices. Rob van Gils, CEO and managing partner at Hammerer Aluminium Industries, talks to us about tackling the crisis on an industrial and political level, and whom he feels is responsible for leading the effort.
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ArticleHuhtamaki divests operations in Russia
Huhtamaki has sold its operations in Russia, which includes four manufacturing plants and over 700 employees, to Espentia Ltd. for an estimated sale price of EUR 151 million.
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ArticleAmcor to sell factories in Russia
Amcor has announced that it will sell its three factories in Russia, which represent around 2-3% of its total sales, with the transaction expected to be completed in the second half of its 2023 fiscal year.
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ArticleTetra Pak announces exit from Russia
Tetra Pak has announced its decision to withdraw from all ongoing operations in Russia, divesting all business there to local management.
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ArticleCepi calls on the EU to ensure affordable and flexible energy supplies for the paper and pulp industry
Following the release of the European Commission’s Winter Preparedness Package, Cepi calls on national governments to prioritise the paper and pulp industry when securing affordable gas supplies and implementing legislation to boost resilience as Russia’s invasion of Ukraine presents ongoing energy supply uncertainties.
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ArticleHow did the paper and pulp industry fare in 2021 – and what does this tell us about its future?
Cepi has released its annual statistics for 2021, which demonstrate its recovery after the initial outbreak of COVID-19 with a 15.9% increase in turnover and the growth of segments both positively and negatively impacted by the pandemic in 2020. Can the pulp and paper industry’s resilience continue into 2022?
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ArticleNew report suggests supply chain resilience under more strain than ever as commodity prices and inflation soar
Achilles has placed supply chain resilience in its most at-risk category for the second quarter of 2022, citing ongoing logistical disruptions, supply shortages, and commodity price pressures as a result of Russia’s invasion of Ukraine. The organisation adds that there could be no end in sight for these challenges as the war in Ukraine appears set to continue.
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ArticleReleaf Paper awarded funding as part of Google initiative to support Ukrainian start-ups
Releaf Paper, a Ukrainian company that extracts cellulose fibres from fallen leaves to make paper packaging, has been awarded $100,000 in funding and mentorship from Google as part of the Google for Startups Ukraine Support Fund.
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ArticleEuropean and global demand for paper packaging: what does the future have in store?
First the pandemic, now the war in Ukraine with rising inflation and fuel costs, and all the while pressure to move away from plastic. Amidst such turmoil, what does the future hold for the growth of paper packaging?
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ArticleWhat do rising commodity prices linked with the war in Ukraine mean for glass, metal, and plastic packaging?
According to Moody’s, Russia’s invasion of Ukraine is having ripple effects on commodity prices and global supply chains that could put pressure on the profit margins of European non-paper packaging manufacturers this year. The plastic packaging sector is likely to face the most volatility as companies contend with time lags in passing on cost increases and exposure to escalating oil prices.
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ArticleWhat is being done to support Ukraine’s printing industry?
Print Against War, an independent movement led by members of the global printing and packaging industry, is facilitating communication with companies in Ukraine and encouraging collaboration with partners in the rest of Europe. Read some of the stories of its members here, as we explore how the movement is providing support to Ukraine’s printing industry now and in the future.
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ArticleStora Enso divests its corrugated packaging operations in Russia
Stora Enso announced yesterday that it has divested its three corrugated packaging plants in Russia, claiming that transferring the facilities to local ownership will provide a more sustainable long-term solution for the respective businesses and employees.
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ArticleWhat might a halt to energy supplies because of Russia’s invasion of Ukraine mean for the paper packaging industry?
In this exclusive interview with Oliver Giani and Vitali Morgovski, Vice Presidents and Senior Analysts at Moody’s, we explore what both a continuation of the current energy situation and a complete halt to energy supply as a result of Russia’s invasion of Ukraine could mean for the paper packaging industry in terms of profitability, supply and demand, and meeting consumers’ needs.