Exports of wood chips from Australia to China rose 4%.
Biofuel
Key contributors to the quarter's results included the UPM Paso de los Toros pulp mill, which operated at 83% of capacity, and the successful sale of the Steyrermühl site in Austria.
Price for wood chips exported from Chile gained 2%.
Imports of wood chips to China increased 23%.
Price for wood chips exported from Vietnam to China dipped 1.0%.
Price for wood chips imported to Finland gained 2%.
The value of the order will not be disclosed. The scheduled delivery period will be during the second quarter of 2024.
69 civil groups from 18 countries call on President Yoon to revise renewable energy certifications, highlighting damage to forests and increased carbon emissions.
Imports of wood chips to European Union gained 1.0%.
Price for wood chips exported from the U.S. downed 2%.
Henrik Ehrnrooth to continue as the Chair of the Board of Directors of UPM-Kymmene Corporation.
The change negotiations will start in week 15 and will involve the entire workforce of the Kemi bioproduct mill, around 300 people in total.
Price for wood chips exported from Vietnam to Japan slipped 0.1%.
Imports of wood chips to Japan rose 4%.
Joint investigation reveals sophisticated trade rerouting to smuggle sanctioned goods into Europe.
This particular investment will increase Holmen’s annual production of renewable energy from water and wind by 360 GWh to just over 2 TWh.
Price for wood chips imported to China slid 2%.
The disruption, attributed to the damage at the evaporation plant, is anticipated to extend Metsä Board's production halt for an estimated 10–12 weeks.
Exports of wood chips from Australia to China increased 13%.
Price for wood chips exported from Vietnam to China added 0.9%.