Exports of lumber from Lithuania contracted 8%.
Cooper Group boosts annual pine lumber production to over 57 million board feet with this acquisition.
Inflation pressures eased to one of the lowest levels in over three years, but remained high by pre-pandemic standards.
Exports of logs from New Zealand contracted 16%.
Supplies to Vietnam more than doubled.
PotlatchDeltic agreed to extensive remedies to come into and remain in compliance with its Clean Water Act permits, including facility improvements, construction of a new filtration system and combining its outfalls.
Due to continuous cost increases, Felix Schoeller will raise its prices for release liners globally from June onwards.
U.S. mortgage rates drop below 7% for the first time in more than a month.
Andritz to deliver complete OCC line including a reject treatment system to Indah Kiat Pulp & Paper TBK. Start-up of the new line is scheduled for the end of 2024.
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.
The start-up of the new machine is expected in 2025. Once fully operational, it will be capable of producing 420,000 tonnes of recycled containerboard for sustainable packaging solutions and will be Mondi’s widest recycled paper machine at 8.5 metres.
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.