Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
Strategie
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
Company leverages 2 million tonnes of annual biomass management as it develops 42 biomethane projects across Iberian Peninsula.
Residential permits reached $8.1 billion on gains in multi-unit projects, while total building permits fell 8.4% after a sharp drop in non-residential approvals.
The site has installed an automated pallet nailing machine and a package saw, allowing it to make standard and special-format pallets with dense and open deck designs.
Restructuring delivers $8 to $12 million in annualized savings while shipment volumes remain unchanged.
Backed by over $4 million in federal IFIT funding, the Clinton, Ontario, facility will use robotics to produce wooden trusses and reduce waste.
Industry groups seek a three-year bankruptcy moratorium as losses top 15 billion rubles.
The planned deal will add cabinets, flooring and distribution brands to the company’s home services business, with closing scheduled after its annual shareholder meeting in May.
The licence will support about 445 truckloads of logs a year and supply wood for split-rail fencing made at the company’s Kootenay operation.
Japanese owner says weak export demand and high operating costs put the Northland sites under pressure.
Agency will reorganize around 15 state directors and shift regional-office functions to service centers in six cities.
100,000-tonne facility would capture CO₂ from pulp mill flue gases as company seeks public financing.
Proposed changes target up to 355 roles across Sweden and Poland as part of Euro 20 million annual cost savings.
Lithuanian facility receives Euro 24 million national loan, targets export markets across Europe, Asia and North Africa.
New 468,000 ft2 plant in Brandon to replace existing Richland operation with operations set for Q4 2027.
Office building at Chesterfield County site will use engineered wood to reduce embedded carbon compared with steel and concrete
Company enters forbearance agreement with over 70% of noteholders as European paper industry faces structural demand decline.
Buyer market growth also raises trade probability by 1.68%, confirming demand as the main market driver.
Vessels slow to 11-12 knots as Umeå departures consolidate, adding Piteå calls for Munksund mill cargo.