Adjusted EBITDA was $39 million, or 5.3% of net sales, for the Q1 2024, compared to $47 million, or 5.9% of net sales in the Q1 2023, which includes the net benefit of duty-related items.
The selective dismantling of the Stockstadt plant will begin shortly and this work is expected to be completed by the end of 2026.
Jared Hufford will expand his responsibilities to include overseeing the Retail Performance team and spearheading the implementation of the inventory productivity analysis tool.
With the new Logistics park, more freight handling can also move from the centre of Sundsvall to the Logistics park of Tundal port.
In the week ending May 17, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$383 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $383.
The facility has a daily production capacity of 950 m3.
Price for lumber exported from Thailand contracted 8%.
Imports of wood veneer to India contracted 19%.
The average price for MDF dropping by 2%.
The revenue decline was primarily due to lower sales volumes.
Epallet will manufacture pallets for major corporations such as Morton Salt, Perrigo, Old Castle, GOJO, American Standard, Archer Daniels Midland, Saint Gobain, Tarkett, and Scotts Miracle-Gro based out of Marysville.
Paper Excellence Canada will work in close consultation with the Province of Nova Scotia (Canada) in undertaking a feasibility study to determine whether a viable business case exists to open a new mill there.
The province invests in sustainable wood manufacturing to boost local economy and housing supply.
Exports of lumber from New Zealand expanded 24%.
Market strategies have undergone significant changes due to the sanctions. The mill lost its European market for containerboard, which previously accounted for two-thirds of this product's sales.
Exports of lumber from Lithuania contracted 8%.