The war created by Russia in Ukraine has created huge issues with the Paper and Pulp Industries in Europe. Russia is a major exporter of oil, natural gas, minerals, pulp, paper and linerboard to Europe. Russia exports of paper, paperboard and pulp were US $2.41 billion during 2020, according to the United Nations.
BIV reports that Russia exported $12 billion worth of lumber, logs, pulp, paper and wood pellets in 2021. The volume of packaging paper and paperboard exports from Russia reached 1.35 million metric tons in 2019 with expectations to grow 37.4 percent. Russia exported 2.316 million tons of pulp in 2022.
(Read more by clicking "Marty's Complete Letter" below.)
Truly,
Marty Ochs
Executive Director, Green Bay Innovation Group