The project’s duration is approximately one year, with the installation planned to take place in February 2025.
Exports of logs from Lithuania decreased 16%.
Company will turn IKEA store car parks into flea markets in Belgium, France, and Sweden to help customers extend the life of their products.
Exports of lumber from Thailand to China grew 9%.
Price for newsprint imported to India decreased 23%.
Price for lumber exported from Sweden upped 1.5%.
The decision will impact approximately 200 production and operations members in Hickory.
Billerud will target to shift its product mix gradually towards packaging materials in North America with a moderate investment level.
In the week ending May 10, 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 addition of the Island City plant will strengthen Kronospan’s position in the North American wood panel market.
SFPA plans to strengthen knowledge about SYP in Egypt and establish a consistent, long-term presence in the Caribbean region.
Finland harvested 4.1 million m3 of roundwood for industrial use, marking a 12% decline from April 2023 and an 11% decrease from the average for the past five years.
The average price of wood pellets declined by 18%.
This expansion is integral to the Company’s ongoing efforts to enhance manufacturing capabilities through automation and robotics.
Imports of logs to India lost 24%.
Price for plywood exported from Russia to China lost 6%.