Conifex Timber Inc. reported results for the Q4 and year ended December 31, 2023. EBITDA from continuing operations was negative $3.5 million for the quarter and negative $25.8 million for the year, compared to EBITDA of $2.3 million in the Q4 2022 and $46.7 million for the year.
The Nomination Committee of Nobia AB proposes that current Board Member Tony Buffin be appointed Chairman of the Board and that Nora F. Larssen, Marlene Forsell, Carsten Rasmussen, Fredrik Ahlin are re-elected as Board Members.
The new investment adds a crepe paper production capacity of 30,000 tons per year.
Imports of softwood lumber to Japan increased 15%.
The strikes to impact cargo and fuel distribution.
However, the production volume was 3% lower than the pre-sanction levels.
Prices for pellets remain stable.
Price for logs exported from Japan upped 5%.
Delivery, installation and commissioning are planned for the Q1 2025.
Woodcraft announces the hiring of Tom Huntington to hold the reins as President.
This acquisition marks the eighth company location in British Columbia and the second in Surrey.
In January 2024, the value of roundwood purchased from private owners increased both at the monthly and at the annual level.
Premier Forest Products' subsidiary North-East Sheets & Panels Ltd. (NESP), will be rebranded as Decorpanel. This strategic move comes as part of Premier Forest’s ongoing commitment to streamline its operations and enhance its brand presence in the northern region of England.
This particular investment will increase Holmen’s annual production of renewable energy from water and wind by 360 GWh to just over 2 TWh.
Valmet to deliver a wide range of shutdown services to Ittihad Paper Mill in United Arab Emirates. The shutdown will take place at the end of July 2024.
The cumulative harvest for January and February decreased 3% from the previous year but aligning with the five-year average.