Huber Resources Corp. has acquired the assets of Sewall Forestry & Natural Resource Consulting LLC (SFNR). Financial terms of the acquisition were not disclosed.
Mercer International Inc. received approval from the applicable Bankruptcy Court for a sales order approving the acquisition by its wholly-owned subsidiary of a state-of-the-art CLT manufacturing facility located at Spokane, Washington for a price of $50 million, subject to customary adjustments.
Enviva Partners, LP reported financial and operating results for the 2Q 2021. Net revenue increased by $117.3 million, or 70.0%, for the 2Q 2021 as compared to the 2Q 2020, substantially as a result of an increase in product sales.
The Mayr-Melnhof Group announces the closing of the divestment of its virgin fiber-based cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to a subsidiary of funds managed by Oaktree Capital Management, L.P.
As from April 2022, the new President and CEO of Andritz AG will be Joachim Schönbeck, who has been a member of the Andritz AG Executive Board since October 2014. At the end of the Annual General Meeting deciding on the discharge for the 2021 business year (scheduled for April 12, 2022), Wolfgang Leitner will end his f...
Greif, Inc. is expanding its CorrChoice – Concord sheet feeder operations. The company plans to acquire and install by the spring of 2022 an Engico Jumbo Flexo Folder Gluer from Haire Group that converts corrugated scored sheets into boxes.
US LBM acquires multiple businesses in Georgia and Virginia, USA. All three new acquisitions expand and strengthen Company's reach in multiple rapidly growing housing markets in the Mid-Atlantic and Southeast.
The latest construction framing dimension softwood lumber and panel price movement downward in North America has been enough to motivate previously reluctant customers to start making purchases again. Other circumstances, like wildfires and extreme heat in the usual timber supply areas, are adding uncertainty to how th...
The Mayr-Melnhof Group (MM) has completed the acquisition of Kotkamills, Finland, which was agreed in December 2020, after receiving approval from all relevant competition authorities. Mayr-Melnhof strengthens its position in virgin-fiber based cartonboard and innovative barrier cartonboard solutions for plastic replac...
Stockholders of Domtar Corporation approved a proposal to adopt a business combination with Paper Excellence B.V. whereby Karta Halten B.V., an affiliate of Paper Excellence, will acquire all of the issued and outstanding shares of Domtar common stock for $55.50 per share in cash pursuant to an agreement and plan of me...
Interfor is expecting production disruptions at its British Columbia Interior, Canada, sawmills during the 3Q 2021 due to the ongoing impacts of wildfires and other factors on log supply.
Graphic Packaging Holding Company announces that net sales increased 8% to $1,737 million in 2Q 2021, compared to $1,611 million in the prior year period. The $126 million increase was driven by $76 million of improved volume/mix related to organic growth from conversions to fiber-based packaging solutions, $14 million...
Culpeper Wood Preservers has acquired Eden Wood Preserving and Coastal Wood Industries in Fruitland, Maryland. The new location will be named Culpeper of Fruitland.
Packaging Corporation of America reported 2Q 2021 net income of $207 million, or $2.17 per share, and net income of $207 million, or $2.17 per share, excluding special items. 2Q 2021 net sales were $1.9 billion in 2021 and $1.5 billion in 2020.
Accsys is investing in increasing its Accoya Color production capability by acquiring Euro 1.2 million of assets and equipment from former UK-based modified wood producer Lignia Wood Company Limited and its administrators.
During the 2Q 2021, Acadian Timber Corp. generated sales of $18.4 million, compared to $11.5 million in the prior year period. During the first half of 2021, Acadian sales of $44.3 million increased 3% compared to the prior year period.