Pulp - Market news and analysis

August 18, 2017

Fibria’s Horizonte 2 project is 96% complete

Fibria’s Horizonte 2 Project ended 2Q17 ahead of schedule, reaching 96% of physical completion and confirming the early start-up of the industrial plant at the beginning of September 2017. Financial progress came to 69% and total investments in the project remained at R$7.5 billion ($2.4 billion), a...
August 17, 2017

KaiCell Fibers appoints Esko Nenola as Director of Wood Supply

Finland’s KaiCell Fibers Ltd has appointed Esko Nenola, Forest Engineer, M.Sc. (Business Administration), Director of Wood Supply for the company’s biorefinery venture in Paltamo.He brings extensive international experience in wood sourcing and the entire forest relates value chain, as well as havin...
August 16, 2017

Metsä Group started up its bioproduct mill in Äänekoski, Finland

Metsä Group’s next-generation bioproduct mill in Äänekoski, Finland, came into operation as planned on Tuesday, 15 August 2017. Pulp deliveries from the new mill to customers will begin in early September 2017, as the company says in the press release received by Lesprom Network.The construction pro...
August 16, 2017

Altri's 2Q revenues up 16% to Euro 165.4 million

Finance96  
Altri's revenues registered in the 2Q 2017 amounted to Euro 165.4 million, up 16% compared to the same period of last year and up 3.5% compared to the 1Q 2017, as the company said in the press release received by Lesprom Network.EBITDA for the 2Q 2017 was Euro 47.4 million, an increase of 30.5% comp...
August 16, 2017

Combined revenue of 50 biggest Russian wood based companies increased 17.5%

Finance119  
In 2017, a 50 companies make it onto 9th annual ranking of Russia's largest forest based companies, published by the Russian woodworking journal Lesnaya Industriya. Taken as a group, these companies have combined revenues of 482.8 billion roubles ($5.19 billion), up 17.5% from previous ranking. Ilim...
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