Thomas Ahle will take up the position of Group CFO on 1 September 2024 at the latest. He will succeed Sisse Fjelsted Rasmussen.
In the week ending April 5, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$452 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $452.
Norway spruce and Scots pine seedlings together constitute 96% of the total number of forest seedlings delivered.
Imports of plywood to European Union upped 5%.
Imports of wood chips to European Union gained 1.0%.
Beijing pours funds into factory production to mitigate past economic slowdowns and stimulate growth.
March data reveals a slight dip in building permits and housing starts, yet year-over-year figures remain stable.
Kaisa joins the SFIF from a position as Head of the Brussels Office for the Confederation of Finnish Industries.
The combination will bring together complementary businesses to create a truly global sustainable packaging solutions leader, with industry leading positions in two of the most attractive geographies of Europe and North America.
Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed to show improvement during the Q1 2024.
Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber.
Rengo Group intends to further promote development of the flexible packaging business through the making of the company into a subsidiary.
The Madison’s Lumber Prices Index for the week ending April 12, 2024 was US$481 mfbm. This is down by -1%, or -$5, from the previous week when it was US$486.
JELD-WEN Holding expects to incur one-time costs of approximately $45 million and generate annual pre-tax income improvements of at least $11 million.
Germany and Croatia see significant growth despite overall downturn.
Exports of lumber from Russia to Kazakhstan contracted 19%.