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Arkhbum Raises Output by 16% in 2021

24.01.2022
in Company news, Europe, News
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…producing 592.4 million sq. m. Company’s shipment volumes increased by 16.3% to 590.2 million sq. m, revenues – by 73.2% to 19 billion rubles

“This became possible thanks to the company’s 2021 strategy to improve its internal efficiency,” says Vladimir Krupchak, Investment Director at Pulp Mill Holding.

“In 2022–2023 Pulp Mill Holding will invest another 10 billion rubles in the modernization and expansion of existing processing capacities, as well as in the construction of a new production facility.

“The modernization will cover the Podolsk (1.802 billion rubles), Istra (872 million rubles) and Ulyanovsk (1.579 billion rubles) sites.

“Investments in the Voronezh site will amount to 198 million rubles. Here, in Maslovsky industrial park, in 2022 Pulp Mill Holding intends to build another corrugated cardboard and packaging plant with annual capacity of 188 million sq. m, investing about 5.5 billion rubles.”

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