The smallest available thickness of StringPly, the ultra-lightweight plywood produced and launched by Paged is just 1.5 mm.
Cash flow from operating activities in the Q1 2024 amounted to SEK -226 million ($2.4 million).
Price for sawlog exported from Germany to China rose 2%.
Exports of lumber from New Zealand rose 1.7%.
Exports of wood chips from Australia to China rose 4%.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
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.