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Reno De Medici acquires remaining 66.67% of the share capital of Pac Service S.p.A.

The Board of Directors of Reno De Medici S.p.A. (RDM) approve the right of first refusal, as provided for in the by-law, aimed at acquiring 66.67% of the share capital of Pac Service S.p.A, a company operating in the field of cutting and processing cardboard, from Bellon’s family, currently majority...
7 Stunden zurück

Stora Enso to divest the Baienfurt sheeting centre in Baienfurt, Germany

Stora Enso has signed an agreement to divest its sheeting centre business in Baienfurt, Germany to Pyroll, a Finnish converting firm. The sheeting centre operations started in April 2009 and is 100% owned by Stora Enso, as the company says in the press release received by Lesprom Network.This divest...
8 Stunden zurück

Tornator's net sales down 10% to Euro 42 million in 1H 2017

Tornator's net sales during the first half of the year were lower than expected, despite the picking up of timber deliveries in the spring. The Group’s net sales were only Euro 42 million, or nearly 10% short of those in the same period a year before, but operating profit remained unchanged. Operati...
8 Stunden zurück

Andritz to supply circulating fluidized bed boiler to Mitsui Engineering & Shipbuilding in Japan

International technology group Andritz has received an order from Mitsui Engineering & Shipbuilding Co., Ltd. (MES), Japan, to deliver a PowerFluid circulating fluidized bed boiler with flue gas cleaning system for a new biomass power plant to be built on the premises of the MES shipyard in Ichi...
8 Stunden zurück

Elliott Baxter to increase selling prices on coated paper and speciality paper

Elliott Baxter to increase selling prices on coated paper and speciality paper, effective December 4, 2017, as the company says in the press release received by Lesprom Network.Coated sheets and reels will increase by 6%- 9%, specialty papers by 6%- 9%.Elliott Baxter is the leading family owned inde...
8 Stunden zurück

Case Paper completes installation of new sheeter at its Chicago plant

Case Paper completed the installation of a MarquipWardUnited sheeter at their Chicago, Illinois plant. The new equipment provides custom-sized sheets of both paper and paperboard and has increased the plant’s sheeting capabilities by 30% to approx. 30,000 tons a year, as the company said in the pres...
8 Stunden zurück

Sweden’s stock volumes of coniferous sawlogs, pulpwood and wood chips decreased by 18%

In the autumn, Sweden's stock volumes are lower and this year they have been especially small. The total stocks of coniferous saw logs, pulpwood and wood chips were estimated to 6.3 million cubic meters of September 30, 2017. This is a decrease by 18% compared with the same time last year, as Swedis...
9 Stunden zurück

Conifex Timber completes construction and commences start-up of El Dorado Mill in Arkansas

Conifex Timber Inc. completed construction of its sawmill, two continuous dry kilns, and planer mill in El Dorado, Arkansas (the “ED Mill”) on schedule and on budget. Conifex Timber expects to begin testing and commissioning of its planer mill this month and commence commercial operations in Decembe...
10 Stunden zurück

KP Tissue's 3Q revenue increased by 7.5% to $336.3 million

KP Tissue's 3Q 2017 revenue was $336.3 million, compared to $312.8 million in 3Q 2016, an increase of $23.5 million or 7.5%. The increase in revenue was primarily due to higher sales volume, partially offset by the unfavourable impact of foreign exchange on U.S. dollar sales, as the company said in ...
10 Stunden zurück

U.S. printing-writing paper shipments decreased by 7% in October

U.S. printing-writing paper shipments decreased 7% in October 2017, compared to October 2016, as the American Forest & Paper Association reported.Shipments of uncoated free sheet managed a year-over-year increase but this was more than offset by decreases in the remaining three major printing-wr...
17 Stunden zurück

In August pulplog inventories in US Northwest reaching lowest level since 2Q 2014 because of unusually long fire season

Overshadowed by BC’s unprecedented wildfire season, the US states of Washington, Oregon, Idaho, and Montana also experienced a significant and disruptive wildfire year, reports the North American Wood Fiber Review. By early September, almost two million acres of forest and rangeland had burned in th...