Earnings Projections – Wood Markets News

November 22, 2017

Case Paper completes installation of new sheeter at its Chicago plant

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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...
November 21, 2017

Russian Sveza Group to acquire Tyumen plywood plant

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Sveza has already signed an agreement to acquire 100% of the business of the Tyumen Plywood Plant with its owner Almira Karimova, Sveza said in a statement. Tyumen plant produces large-format birch plywood, which is used in construction, engineering, aircraft building and shipbuilding. The deal shou...
November 20, 2017

Voith starts-up new XcelLine tissue machine at Little Rapids Corporation in the US

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Voith Paper concluded the start-up of the new XcelLine VTM 3 tissue machine it has supplied to US tissue and specialty paper manufacturer Little Rapids Corporation. The new machine has replaced the company’s old PM 3 at its Shawano production facility in Wisconsin.All of the new VTM 3’s technologies...
November 15, 2017

Honkarakenne increases its profit forecast for 2017

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Honkarakenne estimates its 2017 result before taxes to be in the black, that is, significantly better than a year before, as the company says in the press release received by Lesprom Network.Thanks to a good start to the year and the order intake, Honkarakenne estimates that its full-year result wil...
October 20, 2017

Rayonier Advanced Materials expects revenue impact of $15 and $30 million in 2017

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Rayonier Advanced Materials announced that due to an operational upset earlier this month at a major customer, sales volumes in 2017 for its cellulose specialties products are anticipated to be lower than previously expected.Based on currently available information from the customer, the impact to t...
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