Plans and Strategy – Wood Markets News

Strategy

Arbor Renewable Gas LLC is evaluating West Baton Rouge Parish for a planned $800 million manufacturing and distribution facility employing carbon capture and sequestration emissions-reduction technology. Operating as Magnolia Renewable Fuels LLC, the new facility would produce renewable gasoline from wood waste biomass...

Currently, company continue to make only a minimum amount of sales sufficient to generate enough local currency to pay employees in Russia.

As a leading trade fair, INTERFORST 2022, being held in Munich from July 17 to 20, offers a host of solutions for each individual step in forest management right up to wood recycling for a forward-looking approach to forest management.

Following the ownership reorganization of its Decor business, estimated to be completed by the end of the 3Q 2022, Ahlstrom-Munksjö plans to change its business name to Ahlstrom.

The USDA Forest Service recently announced in Fiscal Year 2022 it will invest more than $36 million into 49 projects addressing deferred maintenance in the Southern Region. These investments are made from the National Parks and Public Land Legacy Restoration Fund (LRF) established by the Great American Outdoors Act.

The Weinig Group announced the launch of a comprehensive, large-scale investment project of more than Euro 120 million. The Tauberbischofsheim site alone, the headquarters of the company with its 117-year track record, accounts for around Euro 70 million of the total investment.

Ponsse has decided to divest its operations in Russia. The divestment of all shares in OOO Ponsse, Ponsse Group’s subsidiary providing PONSSE services in Russia and Belarus, is currently being negotiated.

IKEA leaves Russia

The Swedish retailer IKEA plans to sell its plants in Russia. Earlier, IKEA has paused operations of its stores and three woodworking factories in Russia.

Roseburg is exploring the feasibility of locating a second MDF panel plant or bioenergy production facility within its current Western operating footprint. The proposed facility would use up to 300,000 bone-dry tons of wood residuals each year.