Wednesday, January 16, 2013

Leading Russian Pulp & Paper Mills May Merge

Leading Russian pulp and paper mills may merge
Leading Russian pulp and paper mills may merge during the next several months, in an attempt to avoid bankruptcy.
The Kondopoga mill plant, located in the Karelia region, is currently holding negotiations with the Volga plant, which is located in the Nizhny Novgorod region about the potential deal, according to the general director of Kondopoga Vladimir Bibilov.