Russian pulp and paper producer Ilim Group recently signed a strategic partnership agreement with Anhui Publishing Group, the leading publishing house in the Chinese province of Anhui.
The signing ceremony at Radisson Royal Hotel in Moscow was attended by Mr. Wang Min, President of Anhui Publishing Group, and Mr. Timofey Sokolenko, Vice-President for Sales Management of Ilim Group, in the presence of the leadership of Anhui province during their official visit to Russia.
Under the agreement, the parties agreed to strengthen their partnership, which is aimed at promoting Ilim Group's products in the Chinese market. The companies plan to increase the volume of pulp and paper sales to 100,000 tons of products per year.
Anhui Publishing Group is a major publishing holding which includes publishing houses, and benefits from state contracts for printing textbooks and other literature. Ilim Group's partnership with Anhui Publishing Group started in 2006. Since then, the annual sales volume of Ilim Group has continued growing and has exceeded 400,000 tons, which corresponds to USD 100 million.
Timofey Sokolenko commented: “We support the initiative of our Chinese partner and are pleased to sign this strategic partnership agreement. We have been actively cooperating with Anhui Publishing Group for 10 years and today we enter a new stage of our cooperation. I am positive that we are capable of delivering on our ambitious plans to increase our sales in the Chinese market.”
During 20 years in China, Ilim Group sales in this strategic market have totaled 15 million tons of pulp and paper. The Company supplies the largest range of pulp and paper products to China among all international producers. The key products the Group sells in China include softwood and hardwood pulp and cardboard.
Ilim Group works with more than 55 direct buyers in China, and over 500 Chinese factories purchase the company's products.