Metsä Wood has signed a cooperation agreement with Itochu Group with the aim of increasing sales in the Asian market. The agreement makes Itochu Kenzai Corporation, a subsidiary of Itochu Corporation, an agent and distributor for Metsä Wood's sawn timber in the Japanese market as of 1 January 2015.

Wooden Panels

Metsä Wood and Itochu Group to cooperate in the Asian market

Dec 15, 2014. /Lesprom Network/. Metsä Wood has signed a cooperation agreement with Itochu Group with the aim of increasing sales in the Asian market, as the company said in the press release received by Lesprom Network. 

The agreement makes Itochu Kenzai Corporation, a subsidiary of Itochu Corporation, an agent and distributor for Metsä Wood's sawn timber in the Japanese market as of 1 January 2015.

Metsä Wood will also simultaneously dispose of its holding in Finnforest Nippon. The current agency agreement with Finnforest Nippon expired on 9 December 2014.