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Metsä Group celebrated the inauguration of its next-generation bioproduct mill in Äänekoski, Finland, on 18 October 2017. With a cost of Euro 1.2 billion, the mill is the largest investment in the history of the Finnish forest industry, as the company says in the press release received by Lesprom Ne...

U.S. containerboard production in September 2017 was essentially flat compared to September 2016. The month-over-month average daily production compared to August 2017 was 3.8% lower, as the American Forest & Paper Association reported.The containerboard operating rate for September decreased fr...

The 2,500th Honka log home will soon be completed in Russia, providing a second home of 1,080 square metres for a family from St. Petersburg, as the company says in the press release received by Lesprom Network.The 2,500th Honka house currently under construction in the HonkaNova residential area is...

Rubrik, the Cloud Data Management Company, announced that Stora Enso has deployed Rubrik’s market-leading data management platform at their paper mill in Langerbrugge, Ghent to protect their virtual and physical workloads.The deployment includes Rubrik Edge, a software-only appliance, to protect the...

Catalyst Paper implemented a new recruitment & onboarding system that will make it faster and easier for prospective employees to access current and future career opportunities, as the company said in the press release received by Lesprom Network.The new system has limited data entry requirement...

Chemicals company Kemira and process technology, automation and services company Valmet, have signed a partnership agreement for the development of digitalized data-based applications and services for their customers in the pulp and paper industry. "Kemira and Valmet are leading suppliers to t...

Japan’s August imports of plywood rose 11% year-on-year but compared to a month earlier August import volumes were flat, as ITTO reported.Over the past 12 months shippers in Malaysia, mainly Sarawak have provided the largest volume of plywood to Japan. The second ranked shipper is Indonesia followed...

The value of Japan’s July imports of wooden doors was little changed from the previous month and data for August shows a 10% decline year-on-year with a month-on-month fall of 18%, as ITTO reported.In August the three main shippers, China, the Philippines and Indonesia accounted for 86% of all impor...

The steady decline in year-on-year imports of wooden windows into Japan continued into August. Year-on-year Japan’s August 2017 imports of wooden windows were down 27% and compared to a month earlier August imports were down 18%, as ITTO reported.As has been the trend over the year 3 countries domin...

Sappi Europe announces price increases for all packaging and speciality papers with effect of January 1st, 2018. The increase will be 7 % for all uncoated grades and 5 % for all coated grades for flexible packaging, label papers, containerboard, silicon-base papers and paperboard. The price rise wil...

Due to insufficient results and the significant cost increases for pulp and other raw materials, chemicals and logistics Papierfabrik August Koehler SE is increasing its prices for all products by 7-12% for deliveries from January 1st 2018 onwards.Koehler increases prices for thermal paper, FineTech...

Mitsubishi HiTec Paper will be increasing prices for the whole THERMOSCRIPT thermal paper range as well as the GIROFORM carbonless paper range on January 1, 2018. The level of increase will vary depending on region and application. This is due to the further increased raw material and logistics cost...

In the April-June 2017, orders for Italian woodworking technologies recorded 31.9% growth rates, compared to the same period of 2016 (previous quarter growth was 22.2%), reported Italian woodworking machinery and tools manufacturers’ association Acimall. The final figure results from the performance...

Arauco and ETEX signed a partnership agreement to improve habitability and sustainability in construction with innovations in the development of dry construction solutions with wood for the home, building and remodeling markets. This partnership will have a $6 million investment, starting in Chile t...

Kemira has signed an agreement to form a joint venture - Kemira TC Wanfeng Chemicals Yanzhou ("NewCo") - with Shandong Tiancheng Wanfeng Chemical Technology ("Tiancheng"). NewCo will strengthen Kemira's position as the global leader in Pulp & Paper industry and supports the growth of water treat...

Mondi Group and WWF International have renewed their global partnership for a further three years, as the company said in the press release received by Lesprom Network.In 2014 Mondi entered into a three-year global partnership with WWF, focusing on promoting environmental stewardship in the packagin...

Michelman will be spotlighting a variety of its flagship functional coating and print receptive technologies for packaging at the Speciality Films and Flexible Packaging Global Summit 2017 being held September 14-15, 2017 in Mumbai, India. Additionally, Mr. Shailesh Nema, Michelman’s India Country M...

Metsä Group celebrated the inauguration of its next-generation bioproduct mill in Äänekoski, Finland, on 18 October 2017. With a cost of Euro 1.2 billion, the mill is the largest investment in the history of the Finnish forest industry, as the company says in the press release received by Lesprom Ne...

West Linn Paper Company ceasing operations and will commence a winding up of its business supervised by its second lien lender. "We are deeply disappointed to end the mill’s 128 year history, the last twenty of which resulted from a major restructuring and restart when our current owners...

Arauco officially announced it presented an Environmental Impact Statement for the extension and modernization of the Valdivia sawmill, which involves a $151 million investment to modernize the current facility and increase annual production capacity from 487,000 cubic metres to about 1 million cubi...

Due to good first half-year and very strong 3Q Ponsse Group´s euro-denominated operating profit is expected to be slightly higher in 2017 than in 2016. The previous guidance stated the Group's euro-denominated operating profit to be at the same level in 2017 as it was in 2016. Ponsse's strongly upd...

According to the forecast from the Swedish Forest Agency the gross felling in the year 2017 is estimated to 92.5 million cubic metre. Gross felling in 2016 was 91.6 million cubic metre, as the Swedish Forest Agency said in the press release received by Lesprom Network.The forecast is based on severa...

Clearwater Paper Corporation provided an update on certain factors that are expected to negatively impact operating results for the 3Q 2017 by approximately$8to$9 million, based on preliminary results. Several factors are expected to negatively impact the company's prior outlook for the ...

Metsä Group celebrated the inauguration of its next-generation bioproduct mill in Äänekoski, Finland, on 18 October 2017. With a cost of Euro 1.2 billion, the mill is the largest investment in the history of the Finnish forest industry, as the company says in the press release received by Lesprom Ne...

PaperWorks Industries has invested $3 million in a sheet-fed lithographic press at its Greensboro, North Carolina, facility which will enable many value-added enhancements in a single pass that traditionally take two- and three-passes to achieve. These include matte and metallic inks, specialty coat...

Arauco officially announced it presented an Environmental Impact Statement for the extension and modernization of the Valdivia sawmill, which involves a $151 million investment to modernize the current facility and increase annual production capacity from 487,000 cubic metres to about 1 million cubi...

Xerium Technologies, Inc. introduced Maximus, a totally new portfolio of press felt technology for today’s most demanding press positions, as the company said in the press release received by Lesprom Network.Maximus’ single-base structure design with lower fabric caliper delivers immediate start-up ...

Glatfelter introduced Adena Opaque 96, a new brighter and whiter shade of paper, providing an additional cost-effective option to its growing line of opaque papers, further enhancing the ability for customers to bundle products and streamline their supply chain.Adena Opaque 96 is manufactured at Gla...

Forming fabrics have an essential role in water drainage in the wire section of a paper machine. By introducing the new generation's polarized forming fabrics, Valmet revolutionized water drainage in the wire section, as the company said in the press release received by Lesprom Network."Our polarize...

Since the spring, the Finnish Forest Industries Federation (FFIF) and the Finnish Paper Workers’ Union have been negotiating over changes to the collective labour agreement. The FFIF has proposed that the current agreement be extended in its current form for a year and that negotiations ove...

International Paper has entered into an agreement with The Prudential Insurance Company of America to purchase a group annuity contract and transfer approximately $1.3 billion of International Paper's U.S. qualified pension plan projected benefit obligations.The transaction will be funded with pensi...

In the April-June 2017, orders for Italian woodworking technologies recorded 31.9% growth rates, compared to the same period of 2016 (previous quarter growth was 22.2%), reported Italian woodworking machinery and tools manufacturers’ association Acimall. The final figure results from the performance...

Smurfit Kappa has introduced innovative new trucks which have increased capacity and slashed CO₂ emissions by 20%. The vehicles, which have been pioneered at the Piteå paper mill in Sweden, can handle heavier loads, resulting in a 30% reduction in the number of trips annually, as the company said in...

The Forest Practices Board will examine forest planning and practices on 11 woodlots in the Nadina Resource District, Canada. Auditors will examine whether harvesting, roads, bridges, silviculture, fire protection and associated planning, carried out between October 2015 and October 2017. ...

Changes in the demand for water, including environmental flow needs, as well as changing climate and land use changes in the watershed over the past 50 years are challenging the security and availability of water to meet the community’s needs. This has been increasingly evident over past years where...

Moody’s Investors Service has upgraded Metsä Board's Corporate Family Rating (CFR) by one notch from Ba2 to Ba1, as the company said in the press release received by Lesprom Network.At the same time, Moody’s upgraded Metsä Board’s Euro 225 million senior unsecured bond, that matures on 2019, from Ba...

In 2017, a 50 companies make it onto 9th annual ranking of Russia's largest forest based companies, published by the Russian woodworking journal Lesnaya Industriya. Taken as a group, these companies have combined revenues of 482.8 billion roubles ($5.19 billion), up 17.5% from previous ranking. Ilim...

Standard & Poor’s Ratings Services has upgraded Holmen's credit rating from BBB to BBB+ based on a sustained improvement of earnings and cash-flow, as the company said in the press release received by Lesprom Network.Holmen is a forest industry group that manufactures paperboard, paper and wood ...

STEICO announces a new joint distribution agreement with MBM Forest Products Ltd to stock and distribute STEICO joists & wall studs from their wholesale distribution hub in Tilbury, Essex, the UK.Alex Campbell, Managing Director of Steico UK commented, “This new partnership with one of the large...

Paperboard packaging specialist Boutwell Owens & Co. Inc. has completed the installation of the USA’s first Highcon Beam digital cutting and creasing machine at their site in Fitchburg, Massachusetts, as the company said in the press release received by Lesprom Network.The top-of-the-line Highco...

Rubrik, the Cloud Data Management Company, announced that Stora Enso has deployed Rubrik’s market-leading data management platform at their paper mill in Langerbrugge, Ghent to protect their virtual and physical workloads.The deployment includes Rubrik Edge, a software-only appliance, to protect the...

Roseburg Resources Co. announced an agreement to sell its California timberlands to a timberland investment vehicle managed by New Forests. The transaction includes 170,000 acres in northern California, largely in Siskiyou and Shasta counties, as the company says in the press release received by Les...

DS Smith Plc has entered into an agreement to acquire EcoPack and EcoPaper, for an enterprise value of circa Euro 208 million, as the company said in the press release received by Lesprom Network.EcoPack and EcoPaper is a leading integrated packaging and paper group in Romania; family owned for many...

New Forests announced an agreement to purchase a 170,000-acre timberland estate in northern California from Roseburg Resources Co. The properties will be acquired by Shasta Cascade Timberlands LLC, an investment entity managed by New Forests. Settlement is expected in early 2018, as the company says...

Michelman will be spotlighting a variety of its flagship functional coating and print receptive technologies for packaging at the Speciality Films and Flexible Packaging Global Summit 2017 being held September 14-15, 2017 in Mumbai, India. Additionally, Mr. Shailesh Nema, Michelman’s India Country M...

The CPH Group is to standardize the branding within its Chemistry and Packaging divisions. The Chemistry Division will now trade solely under the “Zeochem” name, while the Packaging Division will use only the “Perlen Packaging” brand. The actions are the result of a broader reappraisal of the Group’...

The Alberta Forest Products Association (AFPA) announced that as of July 1, Pinnacle Renewable Energy Inc. has joined the Association.Pinnacle is a manufacturer of wood pellets with seven manufacturing facilities in Alberta and British Columbia and shipping capacity through the Port of Prince Rupert...

The Forest Practices Board will examine forest planning and practices on 11 woodlots in the Nadina Resource District, Canada. Auditors will examine whether harvesting, roads, bridges, silviculture, fire protection and associated planning, carried out between October 2015 and October 2017. ...

The Forest Practices Board will examine the activities of Lakeside Pacific Forest Products Ltd. on forest licence A19207, near Harrison Lake, Canada, during the week of October 16, 2017.Auditors will examine whether harvesting, roads, silviculture, fire protection and associated planning, carried ou...

The Forest Practices Board will examine the activities of Downie Street Sawmills on forest licence A31102, near Revelstoke, during the week of October 2, 2017. Auditors will examine whether harvesting, roads, silviculture, fire protection and associated planning, carried out between Octob...

Metsä Group celebrated the inauguration of its next-generation bioproduct mill in Äänekoski, Finland, on 18 October 2017. With a cost of Euro 1.2 billion, the mill is the largest investment in the history of the Finnish forest industry, as the company says in the press release received by Lesprom Ne...

Smurfit Kappa has introduced innovative new trucks which have increased capacity and slashed CO₂ emissions by 20%. The vehicles, which have been pioneered at the Piteå paper mill in Sweden, can handle heavier loads, resulting in a 30% reduction in the number of trips annually, as the company said in...

Successful start-up of a new A.Celli paper tissue machine for Nanxiong Zhuji Paper Mill – GuangDong ShaoNeng Co., Ltd Group in China, as the company said in the press release received by Lesprom Network.The new A.Celli tissue machine represents a strategically interesting project through which the I...

Universal Forest Products, Inc. (UFPI) reported record financial results for the 3Q ended September 30, 2017. The Company’s net sales rose 28% over the same quarter of 2016, led by double-digit gains in each of its markets. Net earnings rose 21% over 2016. Both results beat the records set in the 3Q...

Due to good first half-year and very strong 3Q Ponsse Group´s euro-denominated operating profit is expected to be slightly higher in 2017 than in 2016. The previous guidance stated the Group's euro-denominated operating profit to be at the same level in 2017 as it was in 2016. Ponsse's strongly upd...

Clearwater Paper Corporation provided an update on certain factors that are expected to negatively impact operating results for the 3Q 2017 by approximately$8to$9 million, based on preliminary results. Several factors are expected to negatively impact the company's prior outlook for the ...

Bankinter raised Ence's target price to Euro 5.63 per share, 22% above the closing price on the same day, and reiterated its recommendation to Buy Ence shares based on an improvement in the outlook for eucalyptus pulp prices for the next three years.This report follows the one published by Kepler Ch...

Weyerhaeuser Company announced an agreement to sell 100,000 acres of Southern Timberlands to Twin Creeks for $202.5 million. The sale includes 80,000 acres of timberlands in Mississippi and 20,000 acres in Georgia and is expected to close by year end.Effective December 31, 2017, the Company will als...

VPK Packaging Group has announced investment in a 30% stake of CorrBoard UK, the privately owned corrugated sheet manufacturer located in North Lincolnshire, United Kingdom, by capital increase and acquisition of Corrugated Synergies International’s stake in the consortium.CorrBoard UK will be fully...

STEICO announces a new joint distribution agreement with MBM Forest Products Ltd to stock and distribute STEICO joists & wall studs from their wholesale distribution hub in Tilbury, Essex, the UK.Alex Campbell, Managing Director of Steico UK commented, “This new partnership with one of the large...

Slovenia's roundwood purchased from private owners in August 2017 was worth Euro 5.9 million, which is 15% more than in the previous month, as the Statistical Office of the Republic of Slovenia said in the press release received by Lesprom Network.The values of purchased sawlogs and veneer logs, and...

The 2,500th Honka log home will soon be completed in Russia, providing a second home of 1,080 square metres for a family from St. Petersburg, as the company says in the press release received by Lesprom Network.The 2,500th Honka house currently under construction in the HonkaNova residential area is...

Kruger Inc. announces a $377.6 million transaction to diversify operations at its Brompton and Wayagamack Mills into specialty niches, such as flexible food packaging, labelling and digital printing. This major project, undertaken in partnership with the Government of Québec, will help to maintain m...

Norske Skog has entered into a loan agreement for a Euro 16 million liquidity facility with holders of a majority of the SSN (Euro 290 million, 2019) to support the group's operating business throughout the recapitalization process.The newly elected Board of Directors of Norske Skog has invited key ...

Orchids Paper Products Company entered into the credit agreement amendment to its Second Amended and Restated Credit Agreement dated June 25, 2015 by and among the Company, U.S. Bank National Association and the other lenders party thereto (the "Credit Agreement").The Credit Agreement Amendment, amo...

West Linn Paper Company ceasing operations and will commence a winding up of its business supervised by its second lien lender. "We are deeply disappointed to end the mill’s 128 year history, the last twenty of which resulted from a major restructuring and restart when our current owners...

Albany International's subsidiary, Albany International France S.A.S. (“Albany France”), has initiated discussions with the employee Works Councilregarding a proposal to restructure operations at the Company’s machine clothing production facilities in Sélestat, France. The proposed restructuring wou...

AR Packaging has a strategic plan built on three pillars: further growth in Europe in selected business segments, global expansion with selected packaging solutions and further improved operational excellence and cost-efficiency. “We have a vast investment program in place which includes for example...

Olle Dahlin, Managing Director of Rottneros Mill and member of Group Management for Rottneros AB, is leaving his position. Olle will stay and assist with the handover until 30 November, at the longest, as the company says in the press release received by Lesprom Network.The recruitment process for h...

Arauco officially announced it presented an Environmental Impact Statement for the extension and modernization of the Valdivia sawmill, which involves a $151 million investment to modernize the current facility and increase annual production capacity from 487,000 cubic metres to about 1 million cubi...

DS Smith Recycling has announced two new appointments to its German recycling business. Herman van der Meij and Bernd Mäntele, who start their roles on 1 October and 1 November respectively, will help to drive DS Smith’s growth ambitions within the region.With more than 25 years’ experience in the E...