Heinzel Group will invest roughly Euro 42 million in further expanding the pulp production at its Styrian location in Pöls, Austria. By the end of 2021, this investment will enable the production of up to 100,000 metric tons of brown (unbleached) pulp.
International technology Group Andritz and UPM have signed a preliminary agreement under which Andritz is to supply energy-efficient and environmentally friendly pulp production technologies as well as key process equipment.
CatchMark Timber Trust, Inc. announced that Brian M. Davis, previously President and CFO, will succeed Jerry Barag as the company's next CEO and join the company's Board of Directors, effective immediately.
Brazil’s exports volume of tropical plywood in 2019 totalled 89,120 m3, an increase of over 45% compared to 2018. However, the monthly average of around 7,400 m3is very low compared to the past decades and minute compared to the potential of the Brazilian tropical forest
Albany International Corp. has appointed A. William Higgins as President and CEO, effective January 20, to succeed Olivier Jarrault, who has resigned by mutual agreement with the Board. Erkie E. Kailbourne, who currently serves as a Director of Albany, will return to his role as Chairman of the Board of Directors, succ...
The IFRS fair valuations of Stora Enso’s forest have increased significantly since the publication of the Group’s 3Q results in October.
Ghana exported a total of 266,015 m3 of wood products in the first 10 months of 2019 earning Euro 129.85 million. Export volumes and values in the first 10 months of 2019 fell by 4% and 18%, respectively when compared to the same period in 2018.
The Felix Schoeller Group starts 2020 with a new organisational structure. With production facilities around the world – in Germany, North America, China, Russia and India – the German Osnabrück-based specialty paper manufacturer is with immediate effect delegating more responsibility to the regions. There has been a r...
Metsä Group acquires nature sites that are used to compensate for the conservation areas required of forest owners by the FSC® forest certification. The new service offered to owner-members ensures that the conservation required of forest estates belonging to the FSC forest certification group is aimed at the most valu...
Nancy Marcus to retire as Chief Marketing Officer (CMO) of Kruger Products, effective March 1, 2020; Susan Irving formerly of PepsiCo becomes new CMO. Susan joined Kruger Products in early January 2020 and will work with Nancy over the next few months to ensure a smooth transition.
Segezha Group completes the acquisition of Karelian Wood Company (KWC), a logging and wood processing plant in the Republic of Karelia, Russia, with the output capacity of up to 250,000 cubic meters of sawn wood a year, from Pin Arctic Oy Company (Finland).
Ducks Unlimited Canada (DUC) and Louisiana-Pacific Building Solutions (LP) announced the signing of a new, 10-year agreement that will positively impact more than 6.2 million acres of Manitoba’s boreal forest in Canada.
Valmet is planning changes in the Fabrics Business Unit which is part of the Services Business Line. The most important action in the preliminary plan is to move the dryer fabric and wide filter fabric production from Tampere in Finland to Valmet’s unit in Portugal. The possible actions will have employee impacts.
New home building in the US skyrocketted, by almost 17%, last month however this is after an almost equally sharp drop in November. Reasonably clement weather in the densely-populated US northeast last week allowed for quite robust construction activity, providing softwood lumber sellers the opportunity to hold prices ...
As part of its global distribution and logistics footprint development, Metso is initiating consultations to evaluate the potential centralization of its warehousing operations in Europe.
Year-on-year, the value of Japan’s October 2019 wooden bedroom furniture imports were down 9% and while shippers in China maintained their dominance of imports of wooden bedroom furniture (58% in October) there was no increase in the value of imports over the previous month.