Iberpapel reported a net profit of Euro 3.93 million in 1Q 2024, year-on-year growth of 0.64%. EBITDA amounted to Euro 7.68 million, down 6.93% from 1Q 2023.
The operating rate for unbleached packaging papers was 94% in April 2024, up 15.8 points from April 2023 and up 4.2 points year-to-date.
Atlas Engineered Products is set to supply wall panels and engineered roof trusses for Westhaven Builders’ upcoming senior living projects in Kimball, Michigan. The project, valued at approximately $800,000, is currently scheduled to commence in the Company’s Q3.
Jamie A. Beggs and Scott A. Tozier to join as newest Board members.
This investment, part of the Recovery and Resilience Plan, will be completed by the end of 2025.
This is the first and only Irving-owned sawmill to offer baled shavings.
Stiga RM plans to complete the acquisition of the Norupe sawmill owned by Rīgas meži SIA in order to build a new technologically advanced production facility instead of the existing sawmill in the coming years.
U.S. printing-writing paper inventory levels decreased 2% when compared to March 2024.
The project’s duration is approximately one year, with the installation planned to take place in February 2025.
Exports of logs from Lithuania decreased 16%.
Producer prices rose in all categories in the first three months of 2024, except for wooden office furniture, which saw a 1.2% price decrease.
Company will turn IKEA store car parks into flea markets in Belgium, France, and Sweden to help customers extend the life of their products.
Exports of lumber from Thailand to China grew 9%.
Price for newsprint imported to India decreased 23%.
Price for lumber exported from Sweden upped 1.5%.
The decision will impact approximately 200 production and operations members in Hickory.