The Service Agreement includes comprehensive maintenance services from headbox to winder. The Performance Agreement includes condition monitoring services and technological support.
The price of particle board dropped by 7.6%.
New guidelines aim to restore trust in carbon offsets.
The negotiations for collective labour agreements for UPM Specialty Papers, UPM Raflatac, and UPM Biofuels are ongoing.
Company plans to close the Hürth newsprint mill and shut down a fine paper machine at Nordland Papier (PM 3) in Dörpen.
Exports of lumber from Latvia increased 17%.
Imports of logs to European Union contracted 7%.
British Columbia’s chief forester sets a new AAC, changing the previous level set in 2012.
U.S. home prices show continued growth in major metro markets.
The Madison’s Lumber Prices Index for the week ending May 24, 2024 was US$417 mfbm. This is up by +0.2%, or +$1, from the previous week when it was US$416.
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.