UPM improves its outlook for 2021. Comparable EBIT is now expected to increase both in H1 2021 compared with H1 2020, and in the full year 2021 compared with 2020.
With an investment sum of Euro 16.7 million DS Smith is expanding and modernizing its traditional site in Arnstadt, Thuringia, Germany. DS Smith’s plant to be expanded with state-of-the-art corrugator and automation of internal transport.
Frank Elfering, vice president & general manager of Western Region Operations for the Building Materials Distribution (BMD) division, has elected to leave Boise Cascade, effective April 30, 2021.
Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 – 10% effective June 1, 2021 for all markets in Europe.
Valmet will deliver a new evaporation line 3 for Södra Cell Mönsterås pulp mill in Sweden. The new line will replace the oldest evaporation line 1 at the mill. The new evaporation plant is scheduled to start-up in the 1Q 2023.
UPM aims to increase efficiency of its global functions by reorganising and streamlining the operations in Finland, Germany, and Austria. If implemented, the plans would decrease the number of employments in the functions by up to 51.
Siempelkamp has reorganized respectively expanded its South America team. Werner Masnitza has been appointed as a senior consultant. Jonathan Parisottontakes over the position of Sales Director Siempelkamp do Brasil Wood Division South America as local contact person. Daniel Hasemann strengthens the team as Sales Direc...
Metsä Fibre and Eltel have signed an agreement to build a power line from the new bioproduct mill being constructed in Kemi to the Keminmaa substation via the Pajusaari–Isohaara–Keminmaa route. The new 110 kV power line will be about 15 kilometres long.
Leipa Group appoints Mike Petersen as Head of Sales Packaging Paper, effective May 1, 2021. In this capacity, Mr. Petersen will report to Leipa Group’s Chief Sales Officer, Dr. Fabian Gaus.
Valmet will deliver a metering size press with sizing starch preparation and sizer supply system to Emami Paper Mills for its paper making line (PM3), which is located at its Balasore mill in Odisha, India. The delivery is scheduled for the 4Q 2021.
The Navigator Company announced today that it will increase paper prices in Europe from 6% to 9%. This increase will be effective for all dispatches from 10th of May.
The total value of German softwood log and lumber exports has surged by 63% the past five years from Euro 1.5 billion in 2016 to just over Euro 2.5 billion in 2020.
BID Group will invest over $2.5 million in state-of-the-art technology at its South Carolina operations. The acquisition of the Correa Axia-70, a large-sized computer numerical control (CNC) traveling column milling machine, will allow the company to perform various machining operations on large mechanical parts (up to...
UFP Industries, Inc. announced that its wholly owned subsidiary Sunbelt Forest Products Corporation closed on its agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates.
Homag is investing a further Euro 15 million in a new plant in Poland. In Środa construction work for a new plant will begin in the 2Q 2021.
Element5 announces that their new factory in St. Thomas, Canada has received certification from PFS TECO of Cottage Grove, WI (USA) for the production of CLT under the ANSI/APA PRG 320-2019 Standard for Performance-Rated Cross-Laminated Timber.