The Finnish Competition Authority has approved a business arrangement whereby Metsä Group will integrate the maintenance operations of its plywood and Kerto LVL mills in Finland into its own organisation as of 1 October 2024.
Eric Knox will focus on expanding the reach and enhancing the sales strategies within the Lumber and Building Materials (LBM) division.
Non-IFRS measure normalized EBITDA margin decreased to 20% for the year ended December 31, 2023 from 25% for the year ended December 31, 2022. This decrease was mainly due to decreased gross margins and increased operating costs.
SCA increases the prices on brown and white kraftliner in Europe by Euro 60 per tonne.
Operating profit falls amid lower paper prices.
The era of steep commodity price falls triggered by the pandemic and subsequent recovery phases seems to be concluding.
Exports of wood pellets from Vietnam to South Korea upped 3%.
he agreement covers Benchwick’s decorative panels which are digitally printed and digitally embossed using a Hopetech digital printing line.
Operating profit for the financial year 2023 increased from the previous year’s Euro 2.2 million to Euro 4.2 million.
Mohawk Industries, Inc. announced Q1 2024 net earnings of $105 million and earnings per share of $1.64.
The smallest available thickness of StringPly, the ultra-lightweight plywood produced and launched by Paged is just 1.5 mm.
Cash flow from operating activities in the Q1 2024 amounted to SEK -226 million ($2.4 million).
30-year fixed-rate reaches 7.17%.
Price for sawlog exported from Germany to China rose 2%.
Exports of lumber from New Zealand rose 1.7%.
Exports of wood chips from Australia to China rose 4%.