Strategie

Saica Group is establishing its first North American facility near Cincinnati, Ohio. The company plans to build a state-of-the-art factory and expects to invest nearly $72 million once construction of the corrugated plant is complete. The construction is expected to start in September 2020 and take eighteen months to f...

Ilim Group is finalizing its environmental project worth $91 million that involves construction of a new Evaporation Plant (EVAP 8) with the highest capacity in Russia at Ilim's Mill in Bratsk, Russia. Construction of EVAP 8 has been underway for three years (since 2017) and is scheduled to be completed in August 2020.

Segezha Group put into operation scarfing line at its Sokol plant in the Vologda region, Russia. The line capacity is 25 m3 of laminated products per hour. As a result, the output of laminated products at Sokol WP will increase by 20%, up to 100 thousand cubic meters per annum.

While until now newsprint and magazine paper accounted for 90% of the production of Slovenian paper mill Vipap Videm Krško, its share will fall by half within three years. As a part of the already started restructuring, the new Czech owner RIDG Holding wants to reorient the company more towards the production of food p...

SCA has confirmed a new harvesting plan which shows that the harvesting level in the own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased harvesting level gives an increased cash flow of SEK 300-400 million ($33.7-45 million) p...

84 Lumber, the nation’s largest privately held building materials supplier, is now hiring more than 200 store positions across the country by the end of 3Q 2020. 84 Lumber is continuing its plans to open new stores in California, Idaho and Michigan.

Genera, a manufacturer of domestically sourced and produced ag-based pulp and molded fiber products, is hiring for multiple positions at its new state-of-the-art East Tennessee facility in preparation for the launch of full commercial production later this year.

Setra is expanding its range of construction timber with a major investment in new planed products. Production will soon begin at the new planing mill in Hasselfors, Sweden. The goal is to manufacture around 200,000 m3 of planed products per year in Hasselfors.

BillerudKorsnäs has made a valuation of approximately 36,000 hectares of forest assets in Sweden, of which approximately 18,000 hectares are productive forests, in which the biological assets are valued according to IAS41. At the same time, the company has chosen to change the accounting method for valuing forest land ...