Company plans two structured paper machines with first starting operations in late 2028.
The 15-year fixed rate also ticks down, averaging 5.71%.
Price for recycled pulp exported from Thailand downed 4%.
Price for wood chips exported from Thailand grew 14%.
Price for MDF panels exported from Thailand slipped 5%.
Joint venture partners since 1990's now unite as Saica gains Thimm's Germany and Eastern Europe footprint.
Financing package supports thermally modified wood production and a 15% increase in direct jobs.
Deal adds three locations and brings total network to 14 sites across five southeastern states.
Transaction adds invention disclosures for bio-based MEG and MPG production as UPM scales Leuna biorefinery operations.
The 2025-founded foundation will assess sites, with first decisions expected around the turn of the year.
Hardwood lumber, millwork and plywood prices also increased.
The province’s Forest Biomass Program funding will support log-processing upgrades, added storage, and a thermal energy system at the North Woods oriented strand board plant.
New Trois-Rivières facility secures $35 million from federal government and $40 million from Investissement Québec.
Upgrade targets increased material efficiency and flexibility in raw material usage
Ten-year Trex veteran with supply chain and manufacturing background takes on expanded role leading R&D and engineering.
Weekly decline of $2 follows flat movement from both prior week and month-ago levels.