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آرشیو برچسب های: Russian pulp and paper industry

Ilim Group appoints new CEO

The Board of Directors appointed Aleksei Lomko as Chief Executive Officer of  Russian JSC Ilim Group effective from October 30, 2023. Aleksei Lomko is one of key opinion leaders in corporate law, management, legal support, and re-engineering of large companies.

 

Mr Lomko is a graduate of the Ural Legal Academy and holds MBA degrees from the Northwestern University (U.S.) and Hong Kong University of Science and Technology.

He joined Ilim Group in 2005 as Deputy Director Legal.

Aleksei stood at the origin of the corporate formation of Ilim Group. In 2007, he took charge of the Group’s Legal Department that provided legal support for the establishment of a Russian-American joint venture and its investment activity.

When the management architecture was changed in 2013, Mr Lomko was appointed Vice President Legal and later in 2018 became Senior Vice President Legal. He interacted directly with the Board of Directors and served as acting CEO on multiple occasions.

Aleksei received awards for his excellent performance, including those from Ilim Group’s Board of Directors.

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Ilim Group appoints Alexey Chernyaev as Acting CEO

The Board of Directors of JSC Ilim Group appointed Alexey Chernyaev as acting CEO.

Alexey Chernyaev began his career with the Company in 2016. He has over 15 years of work experience in managerial positions in purchasing, production, supply chain and capital project management in industrial companies with world-class manufacturing standards and safety culture in Russia and abroad.

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Crisis looms over Russian pulp and paper industry amidst sanctions and plummeting Chinese demand

The Russian pulp and paper industry is facing an acute crisis in product sales. The main reasons for this difficult situation are sanctions and a severe lack of demand in the Chinese market, exacerbated by exorbitant export logistics costs.

Pulp and paper mills, have been forced to cut down production volumes. In the first half of 2023, the volume of production of wood pulp in Russia decreased 3.5% to 4,267 thousand tons, according to Rosstat. The production of paper and cardboard declined 4.6% to 4,863 thousand tons.

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