Paceline Equity Partners, LLC announced that an affiliate has entered into a definitive agreement to acquire AHF Products from American Industrial Partners. The transaction is subject to customary closing conditions and is expected to close in the 1Q 2022.
Louisiana-Pacific Corporation's net sales for the 3Q 2021 increased by $424 million (or 53%) over the prior year to $1.2 billion. Adjusted EBITDA for the 3Q 2021 increased by $249 million over the prior year period to $522 million.
Andritz has received an order from Henan Xinyaxin New Technology Packaging Material in China, to deliver two calenders and a complete paper machine approach flow system for their new paper machine PM9 at the mill in Xinxiang City, Henan province.
Lesosibirsk Sawmills and Woodworking Plant (LDK No.1), part of Segezha Group, has signed a contract with AS Hekotek for supplying a set of equipment for its pellet production facility. The launch of the facility is planned for 2Q 2023. Investments into the project will about Euro 10.1 million.
Kadant's 3Q 2021 revenue increased 29% to a record $199.8 million compared to $154.6 million in the 3Q 2020. Gross margin was 41.9%, which included a negative 110 basis point impact from the amortization of acquired profit in inventory, compared to 44.2% in 2020, which included a positive 110 basis point impact from th...
Valmet will deliver the 100th latest generation Valmet Recovery Liquor Analyzer to Domtar’s Hawesville integrated pulp and paper mill in the United States. The value of the order will not be disclosed. The delivery will take place during the 1Q 2022.
Enviva Partners, LP (NYSE: EVA) announced financial and operating results for the 3Q 2021. Net revenue increased by $11.8 million, or 5.2%, for the 3Q 2021 as compared to the 3Q 2020, substantially due to an increase in product sales.
Büttner to replace heated drum as part of a reinvestment and in the same instance further increasing the performance of the drying system. The delivery and installation of the new equipment is planned for the middle of 2022.
Average price of wood pellets rose 4.7% to $179.2 per tonne.
Fires, floods and supply chain disruptions affect U.S. lumber prices. And now on top of that is a doubling of duties on Canadian softwood lumber imports.
The import volume expanded 13.3% to 383.5 thousand m3.
Average price of wood chips upped 2.2% to $180.3 per tonne.
The import volume declined 22.1% to 1,557.6 thousand tons.
The export volume declined 15.6% to 131.4 thousand m3.
The final rates will take effect once published in the federal register, publication date is expected to be November 30, 2021.
Rather than placating China and Europe with sweetheart trade deals, the White House needs to change course and move immediately to engage with our Canadian partners on a long-term solution to the trade dispute that will end tariffs and help restore price stability to the lumber market, stated National Association of Ho...