This marks a recovery from stagnation in 2023, driven by increased intraregional trade and offsetting geopolitical disruptions.
Strategy
Over the next four years, 208,000 trees will be planted, alongside native shrubs and plants, to restore natural habitats in Nova Scotia.
Interfor Corporation announced plans to exit its operations in Québec, Canada.
However, this goal may fail as the country’s plantation target lags behind schedule, with less than half of the planned 1.5 million hectares completed by early 2024.
According to the plans, production at the Suolahti birch plywood mill would end by the end of 1Q 2025 and production at the spruce plywood mill would end by the end of 2026 at the latest.
The Facility aims to help countries reach a common understanding on approaches for tackling the most pressing forest risks.
Production cuts from October to December will contribute to a total 10% reduction in Western's annual lumber capacity.
The recent partnership between Domain Timber Advisors and Fulcrum Asset Management signals a new wave of pension fund investments in U.S. forestland, driven by growing demand for sustainable assets and carbon offsets.
The company’s sales of wood pellets increased by 14%.
The Commission also published additional guidance to aid stakeholders in implementing the regulation effectively.
The investment will aid regions in Latin America, Africa, and Asia, enabling local communities to transition toward low-carbon, climate-resilient, and inclusive development models.
Only months remain before the EU's new deforestation regulation takes effect, raising serious concerns for the Swedish wood and forest industries.
The decision must be appealed, Viken Skog says.
PulPac, PA Consulting, and Optima partner to develop bespoke machinery for advanced Dry Molded Fiber applications.
In addition, on the basis of construction technical reviews, the mill's baling plant building has been placed under a temporary operating ban due to the potential risk of collapse detected in the roof structures.
Collaboration emphasizes financial and ESG goals through FSC-certified forestland investments
The facility is set to produce 100,000 cubic meters of CLT products each year.
These improvements will boost production within the next two years.
The company is working to exit bankruptcy with a plan that would leave shareholders holding just 5% of the restructured company.
Slated for completion in 2026, the project will enable Kruger Kamloops to ramp up production of ultra-clean pulp from 43,000 MT in its first year up to more than 115,000 MT annually in its third year and beyond.