Sarawak, Malaysia , exported 1.3 million m3 logs in 2019. By comparison, the total volume of logs exported in 2018 was 1.4 million m3. The species which contributed the most value was meranti at 402,971 m3.

Domtar Corporation entered into an asset purchase agreement with Appvion Operations, Inc. to acquire Appvion’s Point of Sale (POS) paper business. The agreement includes the coater and related equipment located only at the West Carrollton, Ohio, facility as well as a license for all corresponding intellectual property.

Södra’s CFO, Peter Karlsson, will take over as Interim President after Lars Idermark from 20 February. Peter Karlsson will combine his position as CFO with the role of Interim President.

Sonoco's net sales for the 4Q 2019 were $1.3 billion, a decline of $46.8 million, or 3.4%, from last year’s quarter. Gross profits were $246.9 million in the 4Q 2019, a decline of $7.4 million or 2.9%, compared with $254.3 million in the same period in 2018.

Acadian Timber Corp. appoints Adam Sheparski as CFO, effective February 13, 2020. Brian Banfill, who was appointed Interim CFO in September 2019, will remain with the company for an interim period to ensure a smooth transition of his responsibilities.

Western Forest Products Inc. generated revenue of $80.1 million in the 4Q 2019, as compared to $284.8 million in the 4Q 2018, and $141.6 million in the 3Q 2019. The company partially mitigated the impacts of the strike by selling unencumbered lumber and log inventories during the 4Q 2019.

UPM has signed a long-term Wind Power Purchase agreement with German wind park development company wpd. The use of renewable wind power for UPM’s paper mills will help reduce CO2 emissions by 200,000 tonnes annually as of 2022, representing 5% of UPM’s total CO2 emissions.

Acadian Timber Corp. reported financial and operating results for the year ended December 31, 2019. Acadian generated sales of $100 million in 2019, almost unchanged from $99.8 million in the prior year. The net income for the year ended December 31, 2019 totaled $17.3 million, or $1.04 per share, compared to net incom...