The proposed revision includes several revisions to the veneer grading tables and other content throughout the standard.
When fully operational, the mill will have 4–5 employees working in two shifts, which will enable the production of 40 m3 of wet veneer from 80 m3 of veneer logs in an eight-hour shift.
The operating rate for bleached packaging papers was 82.5%, up 5.7 points from March 2023 and up 9.5 points year-to-date.
Custer Do It Best Hardware & Lumber will become R.P. Lumber’s 83rd location.
Exports of lumber from Lithuania grew 6%.
A year ago at this time, the 30-year FRM averaged 6.39%.
The agreement converts an existing memorandum of understanding into a firm offtake deal.
Exports of wood pellets from Russia to South Korea increased 6%.
Imports of wood pulp to European Union expanded 5%.
Exports of cork and articles of cork from Portugal lost 6%.
Price for logs exported from Lithuania slipped 1.7%.
Installation will take place in Q4 of 2024.
Scheduled to open later this spring, the new facility will significantly expand Greif's capacity in the bulk corrugated business and create opportunities in the South and Southwest regions of the United States, as well as Mexico.
This acquisition underscores Zeus Group’s increased focus on sustainable packaging, investing in paper-based solutions over plastic-based production.
Woodgrain will also continue to enhance value-added services, including pre-hanging and pre-finishing doors, supported by Woodgrain’s manufacturing expertise.
U.S. purchases of total printing-writing papers also decreased 1% in February compared to the same month last year. Total printing-writing paper inventory levels decreased 1% when compared to February 2024.