Pulp- and Paperindustry

GRANDE PRAIRIE, ALBERTA,CANADA, Dec 23, 2010 — The Government of Canada has announced an investment in Weyerhaeuser Company Limited to help it become more productive, competitive and sustainable. The Honourable Rob Merrifield, Minister of State for Transport, and Chris Warkentin, Member of Parliament for Peace River, announced today that Weyerhaeuser’s Grande Prairie mill will receive over $32 million from the federal Pulp and Paper Green Transformation Program.

Södra, the Russian bank VEB and Angara Paper have signed a Letter of Intent regarding a pulp mill project in Russia with a capacity of 1.1 million ton softwood pulp per year.

Finland, 21 Dec 2010, Jukka Pahta, 44, has been appointed Executive Vice President and Chief Financial Officer of Pöyry PLC. He will become a member of the Group Executive Committee of Pöyry PLC and report to Heikki Malinen, President and CEO of Pöyry PLC. Jukka Pahta will be based at the Pöyry headquarters in Vantaa, Finland. He will take over his new duties on 1 March 2011 at the latest.

On Friday night an explosion blasted the Pacific BioEnergy wood pellet plant in Prince George, British Columbia.