Stora Enso has revised its full year 2024 adjusted EBIT guidance to be significantly higher (+50% and above) than the full year 2023 of Euro 342 million.

Nordic Paper has chosen the digital solution AFRY PaperLine to replace the existing production support system with a new MES-system.

The average price per cubic meter of plywood decreased by 13%.

Retail sales were unexpectedly flat, indicating reduced consumer spending at online retailers and auto dealerships.

Exports of plywood from Russia to the U.S. lost 7%.

Sales of wood products increased by 1.9%.

New regulation targets circumvention practices, imposing retrospective duties.

Investment covers 41 states and American Samoa.

The new office will facilitate enhanced networking opportunities and collaboration with like-minded organisations, driving innovation and accelerating the transition towards a more sustainable future.

EBITDA was negative $0.5 million for the Q1 2024, compared to EBITDA of negative $3.5 million in the Q4 2023 and negative $6.9 million in the Q1 2023.

Brian Chaney to replace Keith O'Rear, who is retiring after 36 years with the company.

In the week ending May 3, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$383 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down -$25, or -6%,from the previous week when it was $408.

Valmet bale tester is a reliable and real-time measuring system for recovered paper, providing an opportunity to reduce operational costs and to improve the recycled fiber line performance.

Transactions complete a full placement of committed capital.

In April, prices increased 6.2% from March

Notified areas for felling increase while permit applications for montane forests decrease.