Setra is expanding its range of construction timber with a major investment in new planed products. Production will soon begin at the new planing mill in Hasselfors, Sweden. The goal is to manufacture around 200,000 m3 of planed products per year in Hasselfors.
Investments
Stafford Capital Partners Limited announced an interim close of $532 million for SIT IX, its ninth timberland fund.
The National Fish and Wildlife Foundation (NFWF) announced more than $2.6 million in grants to restore, enhance and protect the sensitive forest, wetland and aquatic habitats in the Lower Mississippi Alluvial Valley. This is the third slate of grants awarded through this program, and the grants will generate $2.3 milli...
Arkhbum JSC started the implementation of the first stage of the investment project in the Volga Federal District - the construction of a new corrugated board plant in Ulyanovsk, Russia. Due to the force majeure situation associated with the pandemic, the company expects to launch a new corrugated plant in March 2021.
Mondi has completed the implementation of a new state-of-the-art paper sack converting machine at its Nyíregyháza site in Hungary. The site will be capable of producing more than 130 million sacks annually.
Koskisen group is planning an extensive sawmill investment in Järvelä, Finland. The planned investment is valued at an estimated Euro 35–40 million. The intention is to make the investment decision during 2020, and the new mill would start operations in 2022.
The project engineering for Metsä Fibre’s bioproduct mill project in Kemi, Finland will start at the beginning of August 2020. AFRY has already been involved in the pre-engineering phase of the project.
China's laminate, wood and LVT maker Creative Flooring Solutions (CFL) will create 300 jobs and invest more than $70 million in a new manufacturing facility in Calhoun, Georgia.
Jartek Invest Oy has signed a contract ¬with the Russian company ULK Group LLC for the construction of lumber handling lines to a new Pinega Sawmill plant in the Arkhangelsk region, Russia. When finished, the plant will be the largest modern sawmill plant in the world and simultaneously the largest sawmill in Northern ...
Smurfit Kappa starts up new recovery boiler at its Nettingsdorf kraftliner mill in Austria. The innovative new boiler will enable the plant to further boost energy optimisation at the mill.
CatchMark Timber Trust, Inc. announced that its Triple T joint venture has amended its wood supply agreement with Georgia-Pacific WFS LLC intended to achieve market-based pricing on timber sales. CatchMark invests in 1.1 million acres of prime East Texas timberlands through Triple T and acts as the general partner of t...
Södra is planning a new investment for its state-of-the-art pulp mill in Värö, Sweden, which will allow the mill to increase capacity yet further, in steps toward 850,000 tpy.
Segezha Group started construction of the new container terminal at its Lesosibirsky LDK No.1 in Russia. This project provides on time transportation for the increasing volumes of pellet fuels that are produced at KsyloTech-Syberia LLC. The construction will be completed by September 2020. The total investment in this ...
As part of sustainable logistics concepts and in order to increase supply chain reliability for an important raw material, pulp, Koehler is making greater use of rail transportation. Total investments amounted to Euro 1 million.
The project engineering for Metsä Fibre’s bioproduct mill project in Kemi, Finland will start at the beginning of August 2020. This means the detailed engineering of the mill’s technology, civil construction, MEI installations and commissioning, as well as preparation for the project’s construction phase.
Russia's ULK Group is investing more than Euro 400 million in one of the country's biggest sawmill investments in modern times. The ambition is to have one of the world’s largest and most modern sawmills, with an annual capacity of more than 1 million cubic meters (425,000 MBF) sawn timber and 600,000 t pellets annuall...
Norske Skog will take a major step in its continued transformation towards a growing and high-margin business by converting two newsprint paper machines into renewable containerboard production. The conversions at Golbey and Bruck will introduce 765,000 tonnes of competitive containerboard capacity to meet the growing ...
The Södra Foundation for Research, Development and Education has decided to grant an additional SEK 6.8 million to 13 research projects linked to forestry and the forest industry.
The 4-year programme ExpandFibre aims to develop ground-breaking technologies and smart business concepts that are required to convert straw and wood pulp fibre into novel bioproducts, such as textile fibres.
Next month the Sawmills Division of J.D. Irving, Limited to begin modernization and expansion of its Doaktown sawmill in New Brunswick, Canada. The company is targeting spring 2021 for the commissioning and start-up of the new facility.