The loan supports investments in the modernisation and upgrade of a bioproduct mill, including the replacement of a recovery boiler.
Exports of lumber from Lithuania decreased 8%.
Imports of wood pellets to Denmark contracted 23%.
Imports of logs to China downed 5%.
Exports of wood chips from Vietnam to China increased 22%.
Imports of bleached hardwood kraft pulp to China downed 4%.
The new rates will be effective from December 15, 2023.
Industrial roundwood removals from non-industrial private forests recorded a significant decrease of 18% from the previous year.
This increase is necessary to maintain viability of Sappi’s business, the actual amount will depend on the product and market circumstances.
Biffa, the UK’s leading sustainable waste management company, has joined forces with waste wood recycling company Timberpak Ltd to offer a circular recycling scheme for the UK's largest employee-owned business, the John Lewis Partnership.
Ranheim Paper & Board has placed a new order with Toscotec for the second phase of PM5’s technological upgrade, which is scheduled for autumn 2024. PM5 produces greyboard and coreboard in the basis weight range from 220 to 540 gsm.
The mill will have an annual production capacity of about 160,000 cubic metres of Kerto LVL and is expected to start production in the second half of 2026.
Statistics Canada released preliminary data.
Price for lumber exported from Latvia slipped 5%.
Price for wood pellets exported from Russia to South Korea slipped 1.7%.
Exports of newsprint paper from South Korea grew 14%.