Net income for the Q1 2024 totaled $6.0 million, or $0.35 per share, compared to net income of $5.6 million, or $0.33 per share in the same period of 2023.
Richmond Plywood Corporation announces ribbon-cutting ceremony for new panel repair system.
Exports of lumber from Germany to the U.S. lost 25%.
Exports of lumber from Brazil contracted 17%.
First decline of the year signals fragile economic recovery.
Exports of plywood from Brazil grew 7%.
The estimated sales for the overall market in March were $1.4 million. For the year-to-date period, the overall market estimated sales were $3.9 million.
Prices for logs increased by 4%.
Price for logs exported from Brazil expanded 13%.
Since its establishment, the De Pere mill has specialized in the production of wet lap fiber, with the capability of producing 450 tons per day of quality sustainable fiber.
Five employees are responsible for operating the facility and will be joining the ND Paper team.
Gross profit was $1.3 billion, a decrease of 5.2% compared to the prior year period.
He will lead New Forests’ expansion in Africa.
Exports to Iraq lead with over 20% share.
Lower lumber prices and decreased shipments contribute to reduced revenue.
Suzano's bid hinges on International Paper abandoning DS Smith deal, according to Reuters.