Major Russian pulp producer plans expansion in Brazil

The Karelian Pitkaranta plant, one of Russia’s largest pulp producers, is considering foreign expansion, planning to take up to 30-50% of the Brazilian market of pulp, according to the company. 

The plant supplies its products to the countries of Southeast Asia, the CIS and Central and Western Europe. The share of foreign trade in the company's turnover is around 91.2%. Most of its production is exported to China, which accounts for 29.0% of the company’s total supplies.

The company has currently taken steps to find new markets. According to the company’s corporate affairs director Natalie Danchenko, entering new markets will allow "CZ" Pitkaranta "to sell products at higher prices, as prices in Europe are by 30% higher than in Asian countries. However the CIS region and Central Asian states during the next several years will continue to remain priority sale markets for the company.