Timber Markets News

Biofuel

November 13, 2017

Sveaskog’s 3Q net sales increased by 6%

Finance158  
Sveaskog’s net sales increased by 6% to SEK 1,294 million ($155 million) in the 3Q 2017. Total delivery volumes increased by 2%, compared with the corresponding period last year and selling prices increased by an average of 3%, as the company said in the press release received by Lesprom Network.Ope...
November 10, 2017

Graanul Invest has finished Osula combined heat and power plant in Estonia

Graanul Invest group has finished Osula, Estonia, combined heat and power plant (CHP). It has two grate fired boilers, CHP electrical capacity is 10 MW and heat production capacity is 27 MW. Overall efficiency is 89%, bark and forest chips are used as fuel, the company said in the press release rece...
November 10, 2017

Borregaard to reduce NOx emissions by more than 50% from 2018

By investing strongly in various environmental measures, Borregaard will reduce NOx emissions by more than 50% from 2018, as the company says in the press release received by Lesprom Network.One of Borregaard’s energy sources is a bioboiler that converts residual products from vanillin and cellulose...

Dendrochemistry

November 15, 2017

Finnish Forest Industries Federation elected Ilkka Hämälä as new Chairman

The Board of the Finnish Forest Industries Federation has elected Ilkka Hämälä, the future President and CEO of Metsä Group, as its Chairman. The Federation’s annual autumn meeting took place in Helsinki today. The autumn meeting also elected the Board of Directors and Executive Committee for 2018.“...
November 14, 2017

Koppers Holdings' 3Q consolidated sales increased by 3.7% to $384.8 million

Finance151  
Koppers Holdings Inc. reported 3Q 2017 net income of $19.8 million, or $0.91 per diluted share compared to net income attributable to Koppers of $12.1 million, or $0.58 per diluted share in the prior year quarter. Adjusted net income was $31.5 million compared with $20.9 million in the prior year qu...
November 10, 2017

Kemira opens new production line for sodium chlorate in Joutseno, Finland

Kemira celebrated its new production line for sodium chlorate in Joutseno, Finland. Kemira invested approximately Euro 50 million in the new production line which is among the biggest manufacturing site investments in Finland made in recent years. The construction project employed 200 people during ...

Flooring

19 hours ago

Japan’s assembled flooring up 26% in September

The value of September 2017 Japan’s imports of wooden flooring up 26% from levels in September 2016 but dipped when compared to a August imports (-12%).For September 2107 HS 441875 accounted for 70% of Japan’s assembled flooring imports followed by HS 441879 at 25%. Shippers in China dominated Septe...
November 7, 2017

Armstrong Flooring’s net sales decreased to $308.5 million in 3Q

Finance127  
In the 3Q 2017, Armstrong Flooring's net sales were $308.5 million, as compared to $313.4 million in the 3Q 2016, primarily as a result of a decline in net sales in the Wood Flooring segment.3Q 2017 net loss was $18.7 million, or loss per diluted share of $0.70, as compared to net income of $9.3 mil...
November 1, 2017

Lumber Liquidators increased 3Q net sales to $257.2 million

Finance135  
Lumber Liquidators announced financial results for the 3Q ended September 30, 2017. Net sales for the 3Q 2017 increased $13.1 million to $257.2 million from $244.1 million in the 3Q 2016, as the company said in the press release received by Lesprom Network.Gross profit increased 20.9% in the 3Q 2017...

Furniture

November 7, 2017

Brazil's wood-based product exports increased by 25% in September

In September 2017, Brazilian exports of wood-based products (except pulp and paper) increased 25% in value compared to September 2016, from $201.2 million to $251.5 million, as ITTO reported.Pine sawnwood exports in value increased 19% from September 2016 ($35.3 million) and September 2017 ($41.9 mi...
November 2, 2017

Japan bedroom furniture imports up 9% in August

Japan’s year-on-year, imports of wooden bedroom furniture were up 9% in August and data for past 3-4 months seems to indicate that the downward trend in wooden bedroom furniture imports is bottoming out, as ITTO reported.A staggering 90% of Japan’s imports of wooden bedroom furniture come from shipp...
November 1, 2017

Japan’s imports of wooden office furniture fell 21% in August

Japan’s imports of wooden office furniture are small compared to the value of wooden bedroom and kitchen furniture imports. August data shows that year-on-year imports fell 21% while month-on-month imports were down over 30%, as ITTO reported.Three suppliers, China Poland and Portugal account for ju...

Labels, tags

19 hours ago

UPM Raflatac introduces new Forest Positive concept and RAFNXT+ range of sustainable labeling

UPM Raflatac is introducing to the European market a unique lifecycle approach called Forest Positive along with RAFNXT+, a next-generation solution for sustainable packaging.Forest Positive brings significant benefits for nature because it not only ensures net zero deforestation, but is also proven...
November 15, 2017

Cenveo awarded 2020 U.S. Census Printing and Mailing Contract

Cenveo, Inc. has been awarded the 2020 Census Printing and Mailing Contract from the U.S. Census Bureau. The two-year $61 million contract is one of the largest contracts for printing and mailing ever awarded by the U.S. Government Publishing Office.The contract will involve the manufacturing and fu...
November 14, 2017

Neenah Paper announces corporate name change to Neenah, Inc.

Neenah Paper, Inc. will change its name to Neenah, Inc., effective on January 1, 2018. The Company's ticker symbol on the New York Stock Exchange will remain "NP" and names of subsidiaries will not be affected."As we've continued to successfully execute our strategy to increase our presence in growi...

Lumber

yesterday

Interfor CFO plans to sell common shares

Interfor Corporation announced that John Horning, Interfor’s CEO who intends to retire on December 31, 2018, has advised the Company of his intention to sell, subject to market conditions, a portion of his Interfor shareholdings over the next 14 months for financial planning purposes.Mr. Horning cur...
yesterday

Sodra completes SEK 100 million ($11.9 million) investment in Langasjo sawmill, Sweden

Södra’s investment of SEK 100 million ($11.9 million) in Långasjö, Sweden, has now been completed. The investment means that a totally new saw linewill be inoperation as of November. Next year, production at the facility will increase by almost 30%, as the company says in the press release recei...
November 15, 2017

Finnish Forest Industries Federation elected Ilkka Hämälä as new Chairman

The Board of the Finnish Forest Industries Federation has elected Ilkka Hämälä, the future President and CEO of Metsä Group, as its Chairman. The Federation’s annual autumn meeting took place in Helsinki today. The autumn meeting also elected the Board of Directors and Executive Committee for 2018.“...

Machinery and Equipment

yesterday

Toscotec completed a dryer section rebuild for Smurfit Kappa in Barbosa, Colombia

In 2016 Smurfit Kappa awarded Toscotec with the rebuilding of the Company's Barbosa paper machine’s dryer section. The target operating speed of the machine after startup was set at 1,000 mpm, as the company said in the press release received by Lesprom Network.The main target of the project was to ...
November 15, 2017

Sappi North America invests $5.94 million in Cloquet, Minnesota mill

Sappi North America announced a $5.94 million capital investment in its Cloquet, Minnesota mill to replace the headbox on Paper Machine 12 (PM12). This investment enabled Sappi to maintain its capacity by adding a state-of-the-art, dilution profiled headbox that produces excellent basis weight profi...
November 15, 2017

VPK invests into a new flexo rotary die-cutter in Wellington, the UK

Following the installation of a BP Agnati Quantum corrugator in 2015, the latest addition to Rigid Containers’ machine capabilities in Wellington is a six colour rotary die-cutter – a Bobst DRO 1628 NT RS.“It was the next logical step for us, as customer demand continues to grow,” says Julian Freema...

Newsprint

November 2, 2017

Resolute Forest Products increased 3Q net income to $24 million

Finance180  
Resolute Forest Products Inc. reported net income for the 3Q ended September 30, 2017, of $24 million, or $0.26 per share, compared to net income of $14 million, or $0.15 per share, in the same period in 2016. Sales were $885 million in the 3Q 2017, essentially unchanged from the 3Q 2016, as the com...
October 24, 2017

West Fraser reports 3Q 2017 earnings of $120 million

Finance182  
West Fraser reports 3Q 2017 earnings of $120 million, up from $107 million a year ago. Lumber segment generated operating earnings of $126 million and Adjusted EBITDA of $195 million. This quarter’s results were negatively impacted by lower product pricing and lower SPF production as a result of the...
October 13, 2017

Stora Enso deploys Rubrik's data management platform at its mill in Ghent, Belgium

Rubrik, the Cloud Data Management Company, announced that Stora Enso has deployed Rubrik’s market-leading data management platform at their paper mill in Langerbrugge, Ghent to protect their virtual and physical workloads.The deployment includes Rubrik Edge, a software-only appliance, to protect the...

Packaging Paper & Board

19 hours ago

EPAL introduced quality-assured EPAL chemical pallets

With the maxim “the chemistry is right”, the European Pallet Association e.V. (EPAL) is launching the independently quality-assured EPAL CP pallets at its press conference in Düsseldorf, Germany. This expands EPAL’s existing and highly successful load carrier portfolio with nine more quality-assured...
19 hours ago

Mayr-Melnhof's divison MM Packaging acquired folding carton site in Bydgoszcz, Poland

Mayr-Melnhof's divison MM Packaging acquired the folding carton site of ASG Poland in Bydgoszcz, Poland, in form of an asset deal for around Euro 9 million. The company produces packages for cosmetic and personal care products. The folding carton company most recently generated annual sales of aroun...
19 hours ago

DS Smith opens first Impact Centre in Iberia

DS Smith, Europe’s leading packaging strategist, has opened its first Impact Centre in Iberia. The brand-new facility was officially opened on November 13th and is located in Torrejon de Ardoz, Spain, as the company said in the press release received by Lesprom Network.The new premises will provide ...

Panels

yesterday

Metsä Wood expands the Kerto® LVL product range

Metsä Wood is launching the innovative L-panel as part of the LVL product range. L-panel is suitable for a wide variety of applications, from wall and ceiling panels, to door blanks and window frames, as the company says in the press release received by Lesprom Network.Designed with light and non-lo...
November 16, 2017

Pöyry: in 2017-2022 AAGR in Russian OSB market estimated at 5%

Russia is decreasing its share in world plywood production, reported Lesnaya Industriya Daily quoting Cormac O'Carroll, Head of Management consulting in woodworking at Pöyry. 'Russia has all opportunities to supply production with birch logs and to increase production volumes', - said Cormac O'Carol...
November 15, 2017

Lamco Forest Products enters agreement with Intelligent Wood Systems

Lamco Forest Products Inc. of St Felicien, Quebec has entered into an agreement with UK based Intelligent Wood Systems Ltd. ("IWS") of Perth, Scotland, to bring the IWS-FAST holistic Fire Mitigation system to North America.LAMCO VP Sales Andrew Dingman states: "LAMCO's High Value/High Strength Black...

Plywood

November 15, 2017

UPM Plywood introduces new fire retardant WISA®-SpruceFR structural plywood

UPM Plywood introduces a new fire retardant WISA-SpruceFR structural plywood for building and construction end uses. WISA-SpruceFRcombines the market leading quality and structural performance with B-s1, d0 fire classification - the highest a wood product can have."This is uniquely different type of...
November 14, 2017

FFIF: Finland's softwood sawn timber production increased by 6% in January-September

Operations163  
Finland's softwood sawn timber production in January-September 2017 increased by 5.9%, compared to the year ago period and totalled 8.9 million cubic metres, as the Finnish Forest Industries Federation said in the press release received by Lesprom Network.In recent years, China has become a signific...
November 7, 2017

Brazil's wood-based product exports increased by 25% in September

In September 2017, Brazilian exports of wood-based products (except pulp and paper) increased 25% in value compared to September 2016, from $201.2 million to $251.5 million, as ITTO reported.Pine sawnwood exports in value increased 19% from September 2016 ($35.3 million) and September 2017 ($41.9 mi...

Printing & Writing Papers

20 hours ago

Sappi to increase prices on woodfree grades by 6-8%

Due to continuing input cost increases and unsustainable profit levels, Sappi is forced to continue passing on this cost inflation by increasing its woodfree grades prices by 6-8% effective on deliveries from January 1st 2018 for all European markets.Despite strong order books margins continue to be...
November 15, 2017

Sappi North America invests $5.94 million in Cloquet, Minnesota mill

Sappi North America announced a $5.94 million capital investment in its Cloquet, Minnesota mill to replace the headbox on Paper Machine 12 (PM12). This investment enabled Sappi to maintain its capacity by adding a state-of-the-art, dilution profiled headbox that produces excellent basis weight profi...
November 14, 2017

Neenah Paper announces corporate name change to Neenah, Inc.

Neenah Paper, Inc. will change its name to Neenah, Inc., effective on January 1, 2018. The Company's ticker symbol on the New York Stock Exchange will remain "NP" and names of subsidiaries will not be affected."As we've continued to successfully execute our strategy to increase our presence in growi...

Pulp

November 14, 2017

Andritz to supply baling line with bale tracking to Sappi Saiccor in South Africa

International technology Group Andritz has received an order from Sappi Saiccor to supply a baling line with bale tracking for its mill in Saiccor, South Africa. Start-up is scheduled for 2018, as the company says in the press release received by Lesprom Network.The order comprises a new baling line...
November 14, 2017

Fortress Paper's 3Q operating EBITDA decreased to $0,2 million

Finance148  
Fortress Paper Ltd. reported 3Q 2017 operating EBITDA of $0.2 million, a decrease of $7.4 million relative to the comparative prior year period and a decrease of $4.1 million over the previous quarter.The Security Paper Products Segment generated operating EBITDA of $1.8 million, the Dissolving Pulp...
November 14, 2017

Rottneros invests SEK 117 million ($14 million) in CTMP line at its Rottneros Mill in Sweden

Rottneros’ Board has granted further investments in the CTMP line at its Rottneros Mill in Sweden. The investment increases capacity by approximately 18,000 tonnes per year and is expected to be operational in the fall of 2018. Rottneros to invest SEK 117 million ($14 million) in CTMP line, as the c...

Pulp and Paper

19 hours ago

Verso Corporation reports 3Q net sales of $621 million

Finance80  
Verso Corporation reported financial results for the 3Q 2017, including net sales of $621 million, net income of $4 million, and adjusted EBITDA of $47 million. Net sales for the 3Q 2017 decreased by $54 million, compared to the 3Q 2016. Gross margin, excluding depreciation, amortization, and deplet...
November 15, 2017

Finnish Forest Industries Federation elected Ilkka Hämälä as new Chairman

The Board of the Finnish Forest Industries Federation has elected Ilkka Hämälä, the future President and CEO of Metsä Group, as its Chairman. The Federation’s annual autumn meeting took place in Helsinki today. The autumn meeting also elected the Board of Directors and Executive Committee for 2018.“...
November 9, 2017

Domtar appoints David Faucett as new mill manager for Rothschild mill in Wisconsin

Domtar Corporation announced David Faucett has been named mill manager of Domtar’s Rothschild paper mill in Rothschild, Wisconsin, where he has served as interim mill manager since July 1, 2017. Faucett brings more than 20 years of experience at Rothschild to this role, previously holding a variety ...

Round wood

yesterday

Slovenia: The value of purchased roundwood decreased by 47% in September

Slovenia's roundwood purchased from private owners in September 2017 was worth Euro 4.2 million, which is about 28% less than in the previous month (mainly due to the lower quantity of purchased wood), as the Statistical Office of the Republic of Slovenia said in the press release received by Lespro...
yesterday

China’s radiata pine log imports rose 14% in the 1H 2017

In the first half of 2017 China’s softwood log imports were 17.51 million cubic metres. The main imported softwood log species in the first half of 2017 were radiata pine (7.56 million cubic metres, 43%), spruce and fir (2.51 million cubic metres, 14%), Korean and Scots pine (2.04 million cubic metr...
November 16, 2017

Pöyry: in 2017-2022 AAGR in Russian OSB market estimated at 5%

Russia is decreasing its share in world plywood production, reported Lesnaya Industriya Daily quoting Cormac O'Carroll, Head of Management consulting in woodworking at Pöyry. 'Russia has all opportunities to supply production with birch logs and to increase production volumes', - said Cormac O'Carol...

Standing timber

yesterday

Keweenaw Land Association, Limited reports net income of $0.8 million in 3Q

Finance101  
Keweenaw Land Association, Limited announced 3Q earnings for the period ending September 30, 2017. The company reported net income of $79,693, or $0.06 per share, versus net income of $231,618, or $0.18 per share, in the 3Q 2016.Keweenaw also reported timber sales of $3.5 million for the quarter, up...
November 14, 2017

Weyerhaeuser appoints Devin Stockfish as SVP, Timberlands

Weyerhaeuser appoints Devin Stockfish as senior vice president, Timberlands, effective January 1, 2018. Devin will replace Rhonda Hunter, who has elected to retire after 30 years with the company.Devin Stockfish is vice president of Weyerhaeuser's Western Timberlands business. Prior to that role he ...
November 13, 2017

Sveaskog’s 3Q net sales increased by 6%

Finance158  
Sveaskog’s net sales increased by 6% to SEK 1,294 million ($155 million) in the 3Q 2017. Total delivery volumes increased by 2%, compared with the corresponding period last year and selling prices increased by an average of 3%, as the company said in the press release received by Lesprom Network.Ope...

Supercalendered paper

November 6, 2017

Laakirchen Papier started up containerboard machine

Laakirchen Papier AG in Austria has put the converted paper machine PM10 back into operation. The 10-week conversion of the PM10 from SC paper production to the production of light-weight containerboard based on recycled paper was finished on schedule, as the company said in the press release receiv...
September 13, 2017

Negotiations at Stora Enso’s Kvarnsveden paper mill concluded

Stora Enso announced in February plans to permanently close down one paper machine 8 (PM8) and related reorganisation at the Kvarnsveden Mill in Sweden that could affect a maximum of 140 people at the mill. PM8 was permanently shut down in June, and the negotiations between central parties h...
August 24, 2017

Laakirchen Papier invests Euro 6 million in PM 11

Laakirchen Papier possesses over thirty years of experience in the production of high-gloss magazine paper for heatset weboffset and rotogravure printing and from this August, the Upper Austrian paper manufacturer will be producing SC paper on its paper machine 11 (PM11).This has been enlarged at a ...

Tissue

November 13, 2017

Orient Paper's 3Q revenue decreased by 10.6% to $33.5 million

Finance139  
Orient Paper, Inc. announced its unaudited financial results for the 3Q ended September 30, 2017. Revenue decreased by 10.6% to $33.5 million, primarily attributable to a decrease in overall sales volume and partially offset by an increase in blended average selling prices ("ASPs") particularly for ...
November 13, 2017

AB Grigeo's sales increased by 26% in January-September 2017

Finance100  
During the first nine months of 2017, the AB Grigeo Group (the Group) achieved the consolidated sales turnover of Euro 96.2 million. It is by 29% more than during the same period of 2016, when consolidated Group’s turnover was Euro 74.5 million. At this moment the Group consisting of AB Grigeo, UAB ...
November 10, 2017

Cascades increased sales by 8% in 3Q

Finance225  
Cascades Inc. reports its unaudited financial results for the three-month period ended September 30, 2017. Sales of $1,103 million increased by $82 million, or 8% compared to the same period last year, reflecting the consolidation of results from the Greenpac Mill beginning in the 2Q, improved prici...

Waste paper

October 13, 2017

DS Smith announced two new appointments to its German recycling business

DS Smith Recycling has announced two new appointments to its German recycling business. Herman van der Meij and Bernd Mäntele, who start their roles on 1 October and 1 November respectively, will help to drive DS Smith’s growth ambitions within the region.With more than 25 years’ experience in the E...
August 24, 2017

Klabin’s 2Q net revenue up 17%

Finance262  
Klabin’s net revenue in 2Q 2017, including wood, was R$ 1,984 million ($638 million), 17% more than in the same period in 2016, principally a reflection of R$ 582 million ($187 million) in revenue from the pulp unit, as the company said in the press release received by Lesprom Network.Revenue from s...
August 16, 2017

Combined revenue of 50 biggest Russian wood based companies increased 17.5%

Finance412  
In 2017, a 50 companies make it onto 9th annual ranking of Russia's largest forest based companies, published by the Russian woodworking journal Lesnaya Industriya. Taken as a group, these companies have combined revenues of 482.8 billion roubles ($5.19 billion), up 17.5% from previous ranking. Ilim...

Wood processing

20 hours ago

Homag names Andreas Denker as Executive Vice President Global Sales and Marketing

Andreas Denker joined the Homag Group's top management team as Executive Vice President Global Sales and Marketing. In his capacity, and as member of the executive committee, he reports to CEO Pekka Paasivaara, who had been overseeing the Global Sales & Marketing field as an additional role unti...
November 9, 2017

Boise Cascade to open a new distribution center in St. Louis, Illinois

Boise Cascade Company opens a Building Materials Distribution center to serve the St. Louis metro and surrounding areas. The new facility in Pontoon Beach, Illinois, will be open for business on November 15, as the company says in the press release received by Lesprom Network.Boise Cascade has serve...
November 9, 2017

Homag Group's sales increased to Euro 901 million in the first nine months of 2017

Finance130  
In the first nine month of 2017, the Homag Group continued its positive performance and recorded significant increases, especially in incoming orders and earnings. The Homag Group's incoming orders rose by 26%to Euro 1,079 million (previous year: Euro 858 million). Operating EBIT rose by 47% to Euro...

Wood-plastic composites

September 25, 2017

FFIF appoints Jyrki Peisa director and member of the management team

LL.M. Jyrki Peisa has been appointed director and member of the management team at Finnish Forest Industries Federation (FFIF) as of 1 November 2017. He will be in charge of lobbying associated with energy and climate policy, mill environment issues and product logistics, as FFIF said in the press r...
August 31, 2017

Donaldson Timber Engineering appoints Sean Annells as general manager of Andover branch in the UK

Donaldson Timber Engineering appoints Sean Annells as new general manager of the Andover branch in the UK, as the company said in the press release received by Lesprom Network.Sean joined DTE in 2015 as a design technician and has more than 20 years of experience in the industry. He first joined Gan...

Wooden Home Building

November 15, 2017

Honkarakenne increases its profit forecast for 2017

Honkarakenne estimates its 2017 result before taxes to be in the black, that is, significantly better than a year before, as the company says in the press release received by Lesprom Network.Thanks to a good start to the year and the order intake, Honkarakenne estimates that its full-year result wil...
November 15, 2017

Lamco Forest Products enters agreement with Intelligent Wood Systems

Lamco Forest Products Inc. of St Felicien, Quebec has entered into an agreement with UK based Intelligent Wood Systems Ltd. ("IWS") of Perth, Scotland, to bring the IWS-FAST holistic Fire Mitigation system to North America.LAMCO VP Sales Andrew Dingman states: "LAMCO's High Value/High Strength Black...
November 6, 2017

Wood for Good appoints David Birkbeck as new ambassador and committee chair

Wood for Good, the timber industry’s campaign to promote the use of timber in design and construction, has appointed a new ambassador and committee chair. David Birkbeck, Design for Homes’ chief executive, is to lead the Wood for Good campaign, taking over from Craig White, who has been involved sin...
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