Interfor is expecting production disruptions at its British Columbia Interior, Canada, sawmills during the 3Q 2021 due to the ongoing impacts of wildfires and other factors on log supply.
Arkhangelsk PPM received an Integrated Environmental Permit (IEP). The document contains environmental protection requirements and standards to ensure an integrated reduction of the negative impact of production activities on the environment.
Koehler invests in the European Circular Bioeconomy Fund (ECBF) Euro 5 million, with a focus on advancing new technologies and business models in view of expanding the circular economy and bioeconomy.
DS Smith is partnering with One Tree Planted to plant more than 50,000 new trees across Europe and North America over the next five years as part of its commitment to protecting biodiversity and supporting the natural environment.
Price for a New Zealand unit (NZU, is equivalent to 1 ton of CO2) reached a record $47. But it could soar to $140 within three years. This will inexorably lead to an increase in the price of forestlands.
Specialty chemicals company ALTANA has received a credit line from the European Investment Bank (EIB). The company, headquartered in Wesel, Germany, will be able to use up to Euro 200 million for research and development over the next ten years.
Södra Foundation for Research, Development and Education is contributing additional amount of SEK 6.4 million to research projects in forest management and the forest industry.
Based in Portland, Oregon, Campbell Global has $5.3 billion in assets under management and manages over 1.7 million acres of timberlands worldwide with over 150 employees.
Despite high lumber prices, log prices in the U.S. South remained at the same low level as in previous years. However, this gap is beginning to close. Atlanta-based Domain Capital Group, which manages $600 million in forestry assets, is already seeing growing prices for standing timber. Scott Reaves, director of forest...
Smurfit Kappa has announced a significant investment of Euro 11.5 million in its Zülpich paper mill in Germany, which will fund a fuel conversion project aimed at significantly reducing the plant’s CO2 emissions. The plant currently produces approximately 500,000 tonnes of paper annually.
Keta Kosman, Publisher of Madison’s Lumber Reporter, monitors lumber prices every day. She thinks we are in a new era for the economy. In the 1950s, there was much infrastructure building, it was all a huge boom for the economy for two decades. We're in a similar situation right now, she says. The U.S. administration i...
Lenzing Group is continuing to make great strides toward achieving carbon neutrality across the Group. The successful completion and commissioning of an air purification and sulfur recovery plant at the Lenzing facility marks another milestone in the Group’s strategy.
SCA invests SEK 50 million ($6 million) to reduce environmental impact from its Härnösand pellet mill I Sweden and to reduce discomforts for neighbours. The investments comprise among other items a wet electrical filter.
Finnpulp Oy, which is planning a bioproduct mill project in Kuopio, Finland, has submitted an application for annulment to the Supreme Administrative Court (SAC).
The Koehler Group is planning to fully convert its power plant at its Oberkirch, Germany location to biomass in the coming years. The change represents an investment of just under Euro 60 million ($73 million) for Koehler, and will enable the company to produce the energy it needs for its paper production operations in...
Russ Taylor, president of British Columbia based Russ Taylor Global, says that high prices cure high prices. High lumber prices will eventually reduce demand and increase supply – high prices scare people away. He is confident the prices for lumber will start to settle down, but at higher levels than we have ever seen ...
Lessebo Paper has launched their environmental declaration for year 2021, based on 2020s data, and reports a continuous decrease of CO2 emissions. The production of pulp and paper emits only 19 kg CO2 per tonne of finished product, resulting in a decrease of 14% compared to last year’s historically low CO2 figure.
The Lenzing Group, the leading global supplier of wood-based specialty fibers, will invest more than Euro 200 million in its production sites in Purwakarta, Indonesia, and Nanjing, China, to convert existing standard viscose capacity into environmentally responsible specialty fibers.
In 2020, Russian exports of softwood logs fell by 18.8% y-o-y to 6,9 million m3, while the average price dropped 3.8% to $76.0 per m3.
The demand for lumber is on fire. In the United States prices have gone up 300% or 400%. The Canadian supply is going down fast. Is it a new super-cycle for lumber and permanent high prices? No one has an answer to this question. That never happened, but now wood prices are through the roof again. We tried to figure it...