The facility is set to produce 100,000 cubic meters of CLT products each year.
战略计划
These improvements will boost production within the next two years.
The company is working to exit bankruptcy with a plan that would leave shareholders holding just 5% of the restructured company.
Slated for completion in 2026, the project will enable Kruger Kamloops to ramp up production of ultra-clean pulp from 43,000 MT in its first year up to more than 115,000 MT annually in its third year and beyond.
The company will gradually implement the new brand across all touchpoints starting now.
The net investment amount is increased to Euro 320 million from previous Euro 300 million as a result of the revised timeline and the addtional work required.
They aim to increase annual exports of timber products to India to 50 million m3.
The potential investment would expand the offering of sustainable solutions by introducing products with improved sustainability properties like better recyclability and increased use of renewable materials.
This decision affects 500 employees and eliminates 670 million board feet of annual production.
Despite this diversification, CORE Integrators will continue to serve the wood processing industry.
Sales of new homes at China’s largest property developers declined at a faster pace in August.
A key factor driving the crisis is a shortage of new housing.
The value of wood and forest product exports is expected to reach $25 billion by 2030.
In 2023, Mead Lumber embarked on a thorough rebranding initiative to unify its business units under a consistent identity.
The news of the SPO sent shockwaves through the market, causing Segezha’s shares to plunge by 20% during trading on the Moscow Exchange.
China’s aggressive export push is part of a broader strategy to revitalize its economy, which has been under pressure from a prolonged property crisis and weakening domestic demand.
The initiative will pioneer low-carbon, water-efficient technology with the potential to reduce water consumption by up to 90% and overall energy consumption by more than half.
As of 1 October 2024, UPM Fibres will consist of two production organizations: the existing Fibres Uruguay Operations and a new Fibres Finland Operations. The Fibres Finland Operations will include the UPM Pulp operations in Finland as well as UPM Forest and UPM Timber.
The company's pulp deliveries to customers will continue uninterrupted, with its pulp mills in Pietarsaari, Finland, and Uruguay continuing to operate at full capacity.
Great Wrap, aims to produce 5,000 tonnes of certified compostable machine pallet wrap in 2024 for distribution through its partnership with Opal.