Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
Strategie
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.
The performance reflects subdued construction activity and reduced availability in the raw material market.
Renewal to enhance quality and efficiency in boxboard production.
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.
The Bousbecque plant has an annual capacity of approximately 12,000 tons and has 117 employees.
International Monetary Fund upgrades 2024 global growth forecast to 3.2%; highlights widening gap between rich and poor countries.
Beijing pours funds into factory production to mitigate past economic slowdowns and stimulate growth.
Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber.
This approach aims to counterbalance impacts from a persistent real estate slump.
These adjustments are expected to boost the profitability of forest estates and encourage sustainable forest management practices among family-owned operations.
The program focuses on aiding public schools, roads, and other community services across rural America.
Government commits to building millions of homes by 2031, aiming to ensure affordable housing for all.
Company plans to add three smaller distribution centers across North America in the next two years.
Canfor announces restructuring to position Alabama operations for the future.
The recent modifications allow for the construction of encapsulated mass-timber buildings up to 18 stories high, expanding the scope from the prior limit of 12 stories.
New policies boost forestry sector's recovery efforts and environmental restoration.
Core inflation remains robust, complicating the Fed's strategy for a soft economic landing.
IKEA commits to greener transport with additional 1,000 EV chargers in Germany, aiming for net-zero.