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Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market
Categories: Forest Products Industry
Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
Categories: Forest Products Industry
Australia's Star Entertainment pares losses after slipping to record low
Categories: Forest Products Industry
TSMC fourth-quarter profit seen jumping 58% amid strong AI chip demand
Categories: Forest Products Industry
Investors Hope Earnings Season Can Revive Faltering Stock Rally
Categories: Forest Products Industry
J.P. Morgan Healthcare Conference Kicks Off. The Industry Isn’t Well.
Categories: Forest Products Industry
China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Categories: Forest Products Industry
China’s Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
Categories: Forest Products Industry
Ownership Matters in favour of Chemist Warehouse-Sigma Healthcare $5.8 billion deal
Categories: Forest Products Industry
JPMorgan Workers Ponder Union in Wake of Return-to-Office Mandate
Categories: Forest Products Industry
Bain Capital Raises Takeover Offer for Australia’s Insignia to $1.8 Billion
Categories: Forest Products Industry
Stocks surge after softer US inflation, upbeat fourth quarter earnings
Categories: Forest Products Industry
Stora Enso practices what it preaches
Stora Enso’s impressive new head office, called Katajanokan Laituri, reflects sustainable forestry practices. It is a prime example of what a tree can do and what we can achieve with sustainable forest management: a marvel of wooden architecture where modern, urban work life meets nature, well-being, and the renewability of the forest. Source: Timberbiz Built with responsibly sourced timber, the wooden structure will store carbon dioxide throughout its lifetime. The building is owned by the Finnish pension insurance company Varma, and in addition to Stora Enso’s head office, the premises host a hotel, a restaurant, and a café. Thanks to the beautiful work of Anttinen Oiva Architects and everyone involved, forest can be sensed from the ground up to the roof. The wooden elements are beautifully visible throughout the interior, honouring their nature-based origin. The rooftop of the building has been decorated with vegetation and deadwood that serve urban biodiversity. The Katajanokan Laituri structure is made of PEFC-certified Finnish and Swedish spruce from Stora Enso’s own forests and those of other forest owners. Trees are usually harvested at the age of 60–100 years. In harvesting, Stora Enso follows the principles of sustainable forestry and promotes certifications which set certain environmental, social, and economic requirements such as preserving deadwood, living trees, buffer zones around waters, and other forest structures in harvesting. These requirements are complemented by its biodiversity management actions, it monitors performance with biodiversity impact indicators in harvesting. After trees have been harvested in final fellings, new seedlings are planted to ensure forest regeneration. The harvested trees are used as renewable materials by utilising each part of the tree in the most optimal, valuable, and resource-efficient way. For instance, timber is sawn and manufactured from the trunk of the tree. Katajanokan Laituri is built with around 7,600 cubic metres of massive timber, constructed with both LVL beams and columns (laminated veneer lumber) and CLT walls, floors and roofs (cross laminated timber). Growing trees also bind carbon efficiently: the 6,000 tonnes of CO2 bound by the harvested trees are now stored in the walls and floors of Katajanokan Laituri, built to last at least a hundred years, while the new forest continues to grow. For comparison, the heating, cooling and other operations of the building will release the same amount of CO2 in 50 years. Using wood not only stores carbon but also substitutes non-renewable materials like concrete and steel. The longer wood remains in use, the longer CO2 remains bound and the longer the material continues to bring a bit of nature into an urban environment.
Categories: Forest Products Industry
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