FINGO-Complex LLC (Semibratovsky Gas-cleaning Equipment Plant, Yaroslavl) manufactures a new electrostatic precipitator for Segezha Group (operating as part of Sistema PJSFC), Segezha informed.
The project is being implemented as part of a large-scale environmental program aimed at minimizing the environmental impact of pulp and paper production. The new filter will make air emissions almost 100% clean.
Segezha Group is a major Russian vertically-integrated timber processing holding with a complete cycle of timber procurement and advanced wood processing operations. The holding includes timber, wood processing, pulp and paper facilities. The company's representative offices are located in 11 countries of the world, its products are sold in more than 100 countries worldwide. Employing ca. 13,000 people, the company is the biggest forest user in the European part of Russia, the total area of leased certificated forest reserves reaches 7.42 million ha, 85.7% of them (6.36 million ha) certified according to voluntary forest certification schemes.
IFRS net loss of Segezha Group for 9 months of 2020 was RUB 5.5 billion against a profit of RUB 4.2 billion a year earlier. Revenue increased by 14.7% to RUB 50.2 billion from RUB 43.7 billion, OIBDA by 11% to RUB 11.3 billion from RUB 10.2 billion, operating profit increased by 7.7% to RUB 6.6 billion from RUB 6.1 billion.
