Plans and Strategy – Wood Markets News

August 18, 2017

Armstrong Flooring to close two wood flooring manufacturing facilities

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Armstrong Flooring, Inc. announced the planned closing of two manufacturing facilities in its Wood Flooring segment, including a solid wood plant in Jackson, Tennessee and an engineered wood plant in Vicksburg, Mississippi.This decision was made primarily to rationalize the plant network in response...
August 18, 2017

Fibria’s Horizonte 2 project is 96% complete

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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 15, 2017

Papierfabrik August Koehler to invest Euro 500 million by 2020

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Papierfabrik August Koehler SE will have invested approximately half a billion Euro in growth by 2020, as the company says in the press release received by Lesprom Network. “We’re able to do this thanks to our position of strength and exceptional business developments in the past,” explains ...
August 14, 2017

Essentra considers closing cartons facillity in Newport, UK

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Essentra plc announces that it is entering into consultation regarding the proposal to cease the production of folding cartons for the consumer goods industry at Newport, UK and, as a consequence, to close its cartons facility (“IP5”).In addition, IP5 remains structurally challenged in terms of its ...
August 9, 2017

Tricoya starts construction of wood chip manufacturing plant in the UK

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Tricoya Consortium broke ground for the first phase of construction at the site of the world's first Tricoya wood chip acetylation plant at Saltend Chemical Plant, Hull, the UK, as the company said in the press release received by Lesprom Network.The plant construction is expected to complete in ear...
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