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September 22, 2017

China’s log imports up 8% in the first half of year

China’s log imports in the first half of 2017 totalled 25.89 million cubic metres valued at US$4.535 billion, a year on year increase of 8.3% in volume and 14% in value.The average price for imported logs was US$175 per cubic metre, a year on year increase of 6%. Of total log imports, softwood log i...
September 22, 2017

Grigeo to sell fiberboard manufacturing subsidiary Grigeo Baltwood to Homanit Holding

AB Grigeo and UAB Grigeo Baltwood signed a letter of intent with the German company Homanit Holding GmbH regarding the sale of 100% of the shares of UAB Grigeo Baltwood.Upon accomplishment of the transaction, within a period of a year and a half, Homanit Holding GmbH intends to invest Euro 65 millio...
September 22, 2017

U. S. printing-writing paper shipments decreased by 4% in August

U. S. total printing-writing paper shipments decreased 4% in August 2017, compared to August 2016. Uncoated free sheet paper shipments increased in August while the other three printing-writing grades posted year-over-year shipment declines. U.S. purchases of printing-writing papers also decreased, ...
September 22, 2017

Precious Woods Group reports 7.5 % increase in 1H 2017 sales

Finance146  
The net sales of the Precious Woods Group in the first half-year 2017 were Euro 22.5 million and thus 7.5 % higher than the same period of the previous year (Euro 20.9 million). The exchange rate effect was 0.4 %, as the company said in the press release received by Lesprom Network.The gross profit ...
September 22, 2017

Greycon to implement advanced scheduling planning system for Saica's mill in France

SAICA selected Greycon to implement opt-Studio, Greycon’s advanced scheduling planning system. All systems went live for the first pilot mill in France. With this initial go-live, SAICA has improved visibility over French production planning, done completely remotely from Spain offices.Greycon’s opt...
September 22, 2017

Tetra Pak invests Euro 30 million in state-of-the-art technology in Denton factory, Texas

Tetra Pak's Packaging Material Converting Factory in Denton, Texas, is getting ready for new technology to support the growth of its business in the U.S. and Canada. The plant's expanded capabilities are made possible through a sizeable Euro 30 million investment in factory upgrades, including a new...
September 22, 2017

International Paper to convert paper machine at Riverdale mill in Alabama

International Paper plans to invest approximately $300 million to convert its No. 15 paper machine at the Riverdale mill in Selma, Alabama, from uncoated freesheet to high quality whitetop linerboard and containerboard. The conversion is targeted to be completed by mid-year 2019. The investment will...
September 22, 2017

Sonae Indústria's turnover up 1% to Euro 121.8 million in 1H 2017

Finance148  
Sonae Indústria reports unaudited сonsolidated кesults for the 1H 2017. Consolidated turnover for the first half of the year reached Euro 121.8 million, an improvement of 1% vs. 1H 2016 (Euro 1.2 million) benefiting from the appreciation of the Canadian dollar vs. the Euro.Sonae Indústria consolidat...
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