Combined company exceeds $18 billion in revenue as insulation leader joins roofing and lumber portfolio.
Investment targets increased machine availability and more effective maintenance planning within scheduled shutdown windows.
New sawmill under construction in Canada will raise log intake to 500,000 tonnes as North Island acquisition adds Ōtorohanga Timber Company operations.
Unbleached packaging paper shipments hit two-year high as operating rate exceeds 90%.
Recapitalised group splits into three independent companies with no replacement for group CEO role.
Acquisition includes three facilities with Euro 74 million in annual sales and 350 employees.
Price for wood pulp imported to the EU slid 1.3%.
Price for sack paper imported to China slipped 3%.
Price for wood chips imported to China decreased slightly 0.3%.
Price for bleached softwood kraft pulp imported to China upped 1.0%.
Price for particleboard exported from China decreased 30%.
The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
Price for logs exported from Russia to China grew only 0.1%.
Affordability limits and cautious buyers keep incentives elevated as orders rise and the builder reduces unsold completed inventory.
New agreement includes annual sea-freight emissions cuts as Ultra Yorkshire delivers biomass pellets to Liverpool on B100 biofuel.
The company plans to operate a 13-meter CPS+ continuous press line at its El Eulma site.