Orgkhim in JV to produce pine-based chemicals

Nizhny Novgorod, Russia – Russian manufacturer green processing oils Orgkhim has entered into a 50:50 joint venture with pulp & paper company Illim Group to produce pine-based chemical products.

Called Amber Stream LLC, the JV will set up its first line in Koryazhma, Arkhangelsk region, at Ilim’s Mill, the group’s flagship manufacturing facility.

Licensing and start up is scheduled for the fourth quarter of 2017.

The project involves an upgrade of the pine chemicals plant to allow for raw materials processing and manufacture of biochemical products, Orgkhim said…

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