The foundation will be established in the coming autumn, and its operations will start at the beginning of 2026.
Construction work is scheduled to be completed by the end of this year, with production starting in autumn next year.
International Paper reported Q1 2025 net earnings (loss) of $105 million, or $0.24 per diluted share.
Once fully ramped up, the machine will produce 420,000 tonnes of high-quality recycled containerboard annually.
Price for softwood sawlog exported from Poland to China added 0.2%.
Imports of plywood to Belgium dipped 3%.
New Zealand supply slows due to April holidays and wet weather disruptions.
Pulpwood prices grow 5%, with Norra Norrland showing 15% increase regionally.
Logging residues and pruned stems each account for two-fifths of energywood trade in Q1 2025.
New facility increases output per log and targets 450,000 m3 annual capacity as demand grows in Sweden and abroad.
Price for logs imported to Japan gained 1.6%.
The new entity, EFM Sojitz Management, LLC, will manage the fund and aims to raise approximately $200 million, with initial participation expected from Sojitz, Fuyo General Lease Co., Ltd. and other global investors.
The delivery includes refurbishing and modifying an existing disc filter from the mill’s deinked pulp line (DIP) and reinstalling it in the mill’s thermomechanical pulp line (TMP).
The investments will be carried out 2025-2027.
In addition to a TC continuous kiln and three FB continuous kilns, Bygdsiljums Sawmill already has nine batch kilns from Valutec. The four that are now being invested in are very similar.
Jussi Vanhanen will take over as President and CEO of Metsä Group on 1 July 2025.