International Paper's 3Q 2020 net earnings fall 40.7% to $204 million ($0.52 per diluted share), compared with $266 million ($0.67 per diluted share) in the 2Q 2020 and $344 million ($0.87 per diluted share) in the 3Q 2019. The company's 3Q 2020 sales decreased by 8% to $5.12 billion.

The Softwood Lumber Board announces that Nick Milestone has joined the SLB to support its mission in the areas of strategic partnerships and adoption of mass timber construction in the United States. He is a veteran of the European and United Kingdom mass timber markets and the current chairman of the Timber Research a...

Sumitomo SHI FW has been awarded a contract by Sappi Europe to modernize an existing circulating fluidized bed (CFB) boiler, which will result in a 30% CO2 emissions reduction at the Gratkorn pulp & paper mill in Austria. The project will be completed at the end of 2021.

Homann Holzwerkstoffe Group generated revenues of Euro 117.4 million in the first half of 2020 – under the influence of the temporary lockdown as a result of the coronavirus pandemic. 1H 2020 Adjusted operating EBITDA decreased to Euro 19.8 million and the EBITDA margin reached 17% (H1 2019: 17.7%).

Valmet has decided to invest in filter fabric manufacturing in Pune, India in order to better serve its customers and improve delivery times of filter fabrics to the Asia Pacific and Middle East areas. The investment includes manufacturing equipment for filter fabric production. The new unit will start operation in the...

Stora Enso has appointed Tobias Bäärnman, Chief Strategy and Innovation Officer, as a member of the Group Leadership Team. He joined Stora Enso in 2017, first as SVP Controlling, Strategy and IT for Consumer Board division. Stora Enso has also appointed Teemu Salmi, CIO and Head of IT & Digitalisation, as a member of t...

WCP Solutions announces promotion of Amy Swanson to Chief Operating Officer (COO). Since her start with the company in 1999, Swanson’s knowledge and insight has had a positive impact on the company’s success.

The figures for July-September 2020 clearly reflect what's happening in this key segment of the Italian mechanical engineering industry. In general, the orders of machinery and tools for wood and furniture are recording a decreasing trend below expectations, which indicates a partial improvement of the economic situati...

Kotkamills, a manufacturer of fully recyclable food service board, is currently exploring the possibility of establishing its own sales office in the North America. The launch of production in the still growing North American food packaging market is also being explored.