Still trails 2022 levels by 16.2%
This figure is still lower than the Q1 2022 production volume.
Key contributors to the quarter's results included the UPM Paso de los Toros pulp mill, which operated at 83% of capacity, and the successful sale of the Steyrermühl site in Austria.
First quarter impacted by weather and fire.
Exports of lumber from Chile slipped 4%.
Price for wood chips exported from Chile gained 2%.
Andritz has received an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to rebuild two existing OCC (old corrugated containers) lines for its mill in Surabaya, Indonesia.
Operating EBITA amounted to SEK 91 million and the operating EBITA margin amounted to 5%.
The total consumption of logs was 23.8 million cubic metres (-11%), and that of pulpwood was 36.7 million cubic metres (-2%).
Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as CFO on or about May 6, 2024.
The transaction is expected to close in the Q2 2024 and is subject to customary closing conditions.
Price for lumber exported from Thailand to China upped 3%.
The performance reflects subdued construction activity and reduced availability in the raw material market.
Transportation and petroleum sectors lead downturn.
Renewal to enhance quality and efficiency in boxboard production.
Q1 2024 Adjusted EBITDA was $200 million compared to $97 million in the Q4 2023.