Timber processing in Brazil commands new technology
An international technology company has received an order to supply another timber product processing system to the MDF plant of Arauco do Brasil SA.
The technology group, Andritz, has been contracted by the company to provide a third pressurised refining system at the plant in Jaguariaíva. It is the 11th such system that the company has provided to MDF manufacturers in the company, indicating the robust health of the timber product market.
Koryazhma Forestry Branch of Ilim Group Receives New Equipment
St. Petersburg, Russia, Feb 14, 2011 - In 2010, Ilim Group invested USD 19 million to purchase advanced harvesting and auxiliary equipment for the Company’s Forestry Branch in Koryazhma. The amount of investments is more than 10 times greater than in 2009.
Forest industry in 2010: Production up 12% in Finland
Finland, Feb 11, 2011 - The forest industry of Finland recorded annual production increase of some 12% in 2010, but production volume did not yet rise to the level achieved in 2008.
Pulp and paper industry production was up about 11% and the wood products industry’s production increased by some 14%. The continuation of this positive development after industry companies have finished implementing structural changes will depend on whether or not domestic costs are kept in check.
The shareholders of Arkhangelsk PPM to discuss the Pulp Mill Holding proposal
The Board of Directors of Arkhangelsk PPM has decided to hold an extraordinary general meeting of shareholders on March 9, 2011. As reported by the company, the meeting will be held in vote in absentia principle. The shareholders shall give their approval to major interrelated transactions.