Sonoco announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning July 10, 2024.
The 50 MW plant, set to start operations in late 2026, will enhance the renewable energy capacity in the region.
Exports of lumber from Germany to the U.S. expanded 12%.
Exports of logs from Canada expanded 8%.
Exports of lumber from Brazil decreased 14%.
The new hall will house a FOSBER 2.8m corrugator with a triple cross cutter and logistics system from SEEMI, as well as all the necessary technological infrastructure.
Nathan Jeppson succeeds Fabian de Armas.
The new machine is with its width of 3 metres also the widest on the market, making the materials suitable for most corrugating and converting lines, while also ensuring larger capacity and production output.
Anu Pires joins Valmet from Paulig Group, where she has worked as SVP, Human Resources since 2018.
The average price per pallet decreased by 6%.
In the first quarter, the real value of wood product exports decreased 22% from the previous year.
Exports of wood pellets from the U.S. expanded 14%.
Logging and wood product manufacturing saw declines in capacity utilization.
Price for plywood imported to the U.S. contracted 9%.
Exports of wood chips from the U.S. grew 8%.
Price for logs exported from Brazil contracted 7%.