Denominated in Euro, earnings increased by Euro 0.1 billion from the previous year and were the highest ever in Euro terms.
The project includes modifications to the machine for the new steam system and it is planned for start-up in the Q3 2024.
Delivery, installation and commissioning are planned for October 2024.
Net sales decreased slightly to $9,428 million for the full year 2023, compared to $9,440 million in the prior year.
OrePac to purchase the Western Timber business, with the deal estimated to close at or near the beginning of April, '24.
Imports of plywood to Japan expanded 9%.
Imports of softwood lumber to Japan increased 9%.
Softwood log inventory increased.
These leases increase Rayonier’s total acres under pore space lease agreements with ExxonMobil to approximately 59,000 acres.
Accsys has signed Sergio Munhoz as North American Sales Director as well as bolstering its distribution partners across the United States.
FY 2024 consolidated sales of $2.15 billion, a record year, increased $174 million, or 8.8%, compared to $1.98 billion in the prior year.
CSAA Insurance Group announced a $25 million commitment to the California Wildfire Innovation Fund, a climate-solutions strategy that aims to decrease the severity and frequency of catastrophic wildfire by supporting forest restoration-related economic development.
Commissioning of the new stock preparation plant is due early in 2026.
U.S. mortgage rates increase for the fourth consecutive week.
The Homag Group was again able to slightly increase its sales revenue to Euro 1,625 million (previous year: Euro 1,602 million) compared to the very high previous year’s figure.
The agreement that has now been signed with Hilmer Andersson is a new product ,SLA (Service Level Agreement), that RemaSawco is the first in the industry to offer.