The Finnish Competition Authority has approved a business arrangement whereby Metsä Group will integrate the maintenance operations of its plywood and Kerto LVL mills in Finland into its own organisation as of 1 October 2024.
Plywood
The smallest available thickness of StringPly, the ultra-lightweight plywood produced and launched by Paged is just 1.5 mm.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
Still trails 2022 levels by 16.2%
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.
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.
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.
Germany and Croatia see significant growth despite overall downturn.
Sales in the wood product industry decreased by 0.2% from January.
Despite a slight downturn in volume, export values and average prices show resilience.
Price for plywood imported to the U.S. grew 21%.
Henrik Ehrnrooth to continue as the Chair of the Board of Directors of UPM-Kymmene Corporation.
In 2023, Russia decreased of plywood exports into the U.S. by 52%.
In February 2024 Brazilian exports of wood-based products (except pulp and paper) increased 16% in value compared to February 2023 from US$262.2 million to US$304.2 million.
Stiga RM will significantly expand its birch plywood mill this year, adding production space of 2,900 square metres, and will further modernise it with new, energy-efficient and environmentally friendly equipment.
The European Panel Federation announces the appointment of Pablo Figueroa López as its new Chairman, succeeding Martin Brettenthaler.
The solution will provide an upgrade to the optimal transport planning and scheduling system over several time horizons.
The addition of Russell Plywood geographically expands Würth’s core woodworking business in Pennsylvania, Delaware, and New Jersey.
Canadian wood product sector saw decline in January 2024, with a 3.3% decrease in sales, reaching C$3.029 billion.