Helsinki, Finland, 21 Dec 2010 – UPM has prepaid all of the Uruguay Fray Bentos pulp mill investment project loans of USD 372 million. The security arrangements relating to the project loans will be released. The prepayment reduces financing costs and simplifies the Group's financing structure.
Hardwood pulp capacity expansion in Asia will put prices under further downward pressure
BOSTON, MA, Dez. 17, 2010 (RISI) - The pulp market has come off the boil in recent months, with the bleached hardwood kraft (BHK) market clearly weakening more than the softwood (BSK) market.
Sawlog costs in Europe have gone up more than lumber prices
Seattle, USA. Over the past year, the sawmilling sector in Europe has shifted from high production levels and the highest lumber prices in four years, to weakening lumber demand and reduced prices for many lumber grades during this fall.
Forest Shares in Finland increased by 33-99% over the past 12 months
Those who have invested in Finnish shares in the past year have made a great deal. The General index at the Helsinki Stock Exchange in Finland, has risen by 15 percent in one year and the charts are easy to find stocks that have risen 50-60 percent or more.
Finnish company Pöyry strengthens its presence in the Brazilian forest production chain
Pöyry, the Finnish-based multinational which occupies a prominent position in developing worldswide projects in the pulp and paper sector, agreed to buy 60% of Silviconsult, the second largest Brazilian company in the forest industry.
Södra invests in manufacturing of textile pulp and the production will be based on a production line at Södra Cell Mörrum currently producing pulp. - The demand of renewable wood-based textile fibers will increase by replacing the cotton fiber and oil-based synthetic fibers, said Gun
