Andritz has received an order from GUTEX Holzfaserplattenwerk to supply a second fiber preparation system for the production of insulation board in Eschbach, Germany. Start-up is scheduled for the 2Q 2023.
Sustainable Development Technology Canada (SDTC) has awarded Red Leaf Pulp Ltd. $3.8 million to commercialize an innovative and game-changing pulping technology using wheat straw and other sustainable agricultural resources along with wood-based pulp in traditional applications.
Metsä Fibre and Gasum have agreed on cooperation concerning biogas processing at the biogas plant operating as part of Metsä Fibre’s Äänekoski bioproduct mill in Finland.
Segezha Group opens a new pellet production facility in Sokol, Vologda region, Russia. The new plant will produce 65,000 tonnes of products annually. Around RUB 1 billion ($13.6 million) has been invested in this project.
The Paper Excellence Group closes its previously-announced acquisition of Domtar. Domtar will operate as a stand-alone business entity within the Paper Excellence Group, with Domtar’s current CEO and management team remaining in place.
The American Wood Council (AWC) elects PotlatchDeltic President and CEO Eric Cremers as the Chairman of the AWC Board of Directors for a two-year term, effective January 1, 2022.
These changes are transformative and, if implemented, are anticipated to be negative for the province’s existing forest products industry.
Paper Excellence announced the indefinite curtailment of operations at its Catalyst Paper tiskwat mill. The ongoing contraction of global paper markets and paper prices are creating significant on-going financial losses at the mill. So, the facility is simply not viable under the reality of today’s market conditions.
Andritz has successfully started up a new 700 t/d HERB recovery boiler at KR Pulp & Papers Limited in Shahjahanpur in the Indian state of Uttar Pradesh.
Weyerhaeuser appoints David Graham as president of Weyerhaeuser Company Limited, its wholly owned Canadian Subsidiary, effective January 1, 2022. Graham's appointment follows the planned retirement of Fred Dzida, who has served as president of the company's Canadian subsidiary since 2014 and will stay on through March ...
Stora Enso signs a new Euro 700 million revolving credit facility (RCF) agreement with a syndicate of 12 banks to refinance its existing Euro 600 million facility. The five-year facility has two one-year extension options and will be used as a backup for general corporate purposes.
US LBM has acquired Professional Builders Supply, a top supplier of building materials to local, regional and national custom and production professional builders in North and South Carolina.
The South African wood-based panel producer PG Bison signed the contract for the purchase of its fourth Siempelkamp plant within 15 years. The planned annual production capacity of the new MDF plant is more than 275,000 m3 per year. Commissioning of this equipment is planned for the 1Q 2022.
In October 2021, West Fraser has entered into an agreement to acquire the Angelina Forest Products lumber mill for approximately $300 million, subject to certain post-closing adjustments.
Demand for solid wood commodities jumped noticeably around midweek after severe flooding struck the Southwestern region of British Columbia, cutting off the port city of Vancouver from the rest of mainland Canada.
Japan’s Oji Holdings Corporation has decided to establish a new corrugated container plant in northern province of Vinh Phuc, Vietnam. The planned commencement of operation is July 2023.