Ilim Signs New Strategic Partnership Agreements with Chinese Companies

Ilim Group has signed two trilateral strategic partnership agreements with Shanghai High Hope Pulp and Paper, with the third parties to these agreements being Hengan Group and Mudanjiang Heng Feng Paper, which consume Ilim’s pulp and paperboard to produce their own P&P products.

The largest service operator Shanghai High Hope Pulp and Paper Corporation has been Ilim’s partner for more than 10 years. Over this period, purchase volumes exceeded 1 million tons.

Hengan Group business assets are located in Central and South China and Mudanjiang Heng Feng Paper plant is situated in Northeast China (Heilongjiang province). New agreements signed with these long-standing partners imply further increase in deliveries, optimization of production process and product export to the Chinese market as well as customer service improvement.