Domain Timber Advisors, completed 11 total timberland sales in Georgia, South Carolina, Tennessee and Virginia at an average bare land value of $1,429 per acre. The sales ranged from 56 to 603 acres, with an average size of more than 280 acres.
Andritz has received an order from Mayr-Melnhof Karton to supply a Vertical Screw Thickener (VST) dewatering system for the RMP (Refiner Mechanical Pulp) process at the mill in Frohnleiten, Austria. Start-up is scheduled for the 4Q 2020.
Sumitomo Forestry has joined the international initiative RE100, led by The Climate Group in partnership with CDP, which aims to have companies utilize 100% renewable energy for electricity used in their operations.
Södra Wood is implementing temporary partial furloughs at its production facilities in Mönsterås and Orrefors, Sweden due to a reduction in demand in the UK and the Republic of Ireland during the ongoing pandemic. Södra Wood Ltd in the UK and the production facility in Hamina, Finland, may also be affected by the decis...
Japan International Cooperation Agency (JICA) signed a $72-million loan agreement with Klabin S.A., a Brazilian pulp and paper manufacturing company.
Year-on-year, January 2020 imports were down 9% but compared to the value of imports in December there was little change in January 2020.
Greif, Inc. has completed its previously announced divestiture of the Consumer Packaging Group business for $85 million in cash to Graphic Packaging Holding Company.
In January 2020 Peru’s imports of composite boards were valued at $9.07 million, some 40% higher than in January 2019.
Packaging Corporation of America (PCA) plans to temporarily idle both paper machines and the sheet-converting operation at its Jackson Mill in Jackson, Alabama for the months of May and June 2020. This is expected to reduce paper production by approximately 70,000 tons, and the mill is expected to restart on July 6, 20...
FSC’s principle decision-making platform, the triennial General Assembly, has been postponed to 2021. This decision was made by FSC’s International Board of Directors, who considered the uncertainty surrounding COVID-19, and decided to postpone the event to protect the health of the organization’s members, staff, suppo...
Patrick Industries, Inc. provided a business and operations update regarding the coronavirus (COVID-19) pandemic. The company will temporarily suspend operations at certain of its facilities.
The Molpus Woodlands Group, LLC has, on behalf of two clients, successfully purchased approximately 66,946 acres of timberland in southeast Mississippi. These historically well-managed timberlands have been under professional management for over seventy years and provide access to broad timber markets that represent a ...
In response, effective April 6, 2020, Conifex Timber Inc. will temporarily curtail operations at its Mackenzie, British Columbia, Canada sawmill for two weeks. The curtailment is not expected to have any adverse consequence on its bioenergy operations.
Peter Oswald takes over as new CEO and Chairman of the Management Board of Mayr-Melnhof Karton AG from Wilhelm Hörmanseder for a period of five years already with the start of his mandate to the Management Board as of April 1, 2020. Mr. Hörmanseder steps down from all his functions in the Group as of March 31, 2020.
Estonia's Kaamos Timber secures Euro15 million loan from European Bank for Reconstruction and Development (ERBD). Kaamos Timber to build a new sawmill in south Belarus.
Stora Enso has appointed David Ekberg as EVP, Head of Packaging Solutions division and member of the Group Leadership Team as of 1 April 2020.