Earnings Projections – Wood Markets News

November 22, 2017

Case Paper completes installation of new sheeter at its Chicago plant

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

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

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

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

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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