Nordic Paper has decided to discontinue the production of pulp at the Säffle plant in Sweden, during the 4Q 2021 and replace it with purchased external pulp. The decision has been made as the consultations with trade unions regarding the pulp production now have been concluded.

Supremex Inc. announced its results for the 1Q ended March 31, 2021. Total revenue for 1Q 2021 was $53.6 million, representing an increase of 2.3% from the equivalent quarter of 2020. EBITDA increased by 22.1% to $9.4 million in the 1Q 2021, up from $7.7 million in the 1Q 2020.

UPM has signed an agreement to sell its Shotton newsprint mill site in North Wales, United Kingdom and all related assets to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş., the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding. The closing of the ...

Pölkky is growing by developing further processing businesses and renewing sawing technology. The first development project of the investment program, Taivalkoski’s ultra-modern planing mill in Finland, is nearly completed and the production will start in June 2021.

During the Logset Oy general assembly meeting the shareholders elected a new Board of Directors. Board member Mikko Lehikoinen was selected as the new Chairman of the Board. Kari Mikkilä and Esa Rantala were welcomed as new members.

Microtec presents a new generation of longitudinal scanners for sawmill, remanufacturing and second processing applications to the industry. The range will be defined by two product lines: the new Microtec Goldeneye scanners for softwood applications and the Woodeye scanners for hardwood applications.

In the financial year 2020, the Pölkky Group’s turnover was Euro 160 million, compared to Euro 168 million in 2019. Net loss for the financial year was Euro 0.2 million. The Group’s financial position weakened, with an equity ratio of 28.6%.