Shareholders receive one WISA share per UPM share as plywood unit targets Nasdaq Helsinki listing by November 2026.
Strategy
Mortgage rates above 6% and tariff uncertainty shape 2026 operating plans and input-cost expectations.
The plan targets mill operations, regulatory changes, and new markets for Ontario wood products.
Possible temporary layoffs would run from June through December and cover parts of Packaging and Paper, and Pulp, Energy and Circularity.
The project is intended to improve wood-use efficiency, raise productivity, and expand development of plywood products, including large-format plywood, for international markets and the EU.
The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
New agreement includes annual sea-freight emissions cuts as Ultra Yorkshire delivers biomass pellets to Liverpool on B100 biofuel.
Interim office of the CEO formed as Scott Sutton resigns, with CFO Marcus Moeltner among four executives leading transition.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
Company leverages 2 million tonnes of annual biomass management as it develops 42 biomethane projects across Iberian Peninsula.
Residential permits reached $8.1 billion on gains in multi-unit projects, while total building permits fell 8.4% after a sharp drop in non-residential approvals.
The site has installed an automated pallet nailing machine and a package saw, allowing it to make standard and special-format pallets with dense and open deck designs.
Restructuring delivers $8 to $12 million in annualized savings while shipment volumes remain unchanged.
Backed by over $4 million in federal IFIT funding, the Clinton, Ontario, facility will use robotics to produce wooden trusses and reduce waste.
Industry groups seek a three-year bankruptcy moratorium as losses top 15 billion rubles.
The planned deal will add cabinets, flooring and distribution brands to the company’s home services business, with closing scheduled after its annual shareholder meeting in May.
The licence will support about 445 truckloads of logs a year and supply wood for split-rail fencing made at the company’s Kootenay operation.
Japanese owner says weak export demand and high operating costs put the Northland sites under pressure.
Agency will reorganize around 15 state directors and shift regional-office functions to service centers in six cities.