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EastRussia Bulletin: a cardboard factory will be built in the Irkutsk region
The Ilim Group (a joint venture of American International Paper and Ilim Holding) is implementing the Big Ust-Ilimsk project in the Irkutsk Region and plans to modernize the existing pulp production in Bratsk.
According to the project in Ust-Ilimsk it is planned to build a large cardboard production plant with a capacity of 600 thousand tons per year. Ilim expects to conclude an agreement on the protection and promotion of investments with the government. The volume of investments in the creation of the basic production assets of the cardboard plant exceeds 67 billion rubles. It is also planned to complete the modernization of the cellulose production line, providing for an increase in output by 50 th. Tons.
Pre-launch of the project is scheduled for 2021-2022 year. In general, by the end of 2021, it is planned to invest about one billion US dollars in the “Big Ust-Ilimsk”. It is expected that by 2022, the annual production volume will be 1,5 million tons of products.
Modernization and increase in production capacity of the Bratsk pulp and paper mill with a cost of 38 billion rubles provide for an increase in cardboard output to 300 thousand tons (by 110 thousand tons) and an increase in pulp production by 173 thousand tons per year. Now production volumes are 120-130 thousand tons of cardboard per year.
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