Forest Company evaluates the woods too high in their reports according to the business magazine SvD. At weaker quarter, forest companies assess their forest resources and exploit the forest to clean up quarterly results according to analysts. According to analysts SvD Näringsliv been in contact...
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Södra's profit for the first half was 577 million SEK (1084 million in the same period last year) representing a return on capital of 11 percent (21). The lower operating income at -507 million is explained due to 15 percent higher wood costs that affect earnings negatively by 624 MSEK. - The...
Helsinki, Finland, 2011-07-21 11:59 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 21 July 2011 at 12.59 EET Stora Enso is continuing to implement its Wood Products Business Area strategy to improve profitability by constructing a new combined heat and power (CHP) plant at Zdírec...
Graz, Austria, Jul 18, 2011 - International technology Group ANDRITZ has acquired Iggesund Tools International AB, headquartered in Iggesund, Sweden, including its subsidiaries in the USA, Canada, and other countries. The acquired companies have approximately 160 employees and generate annual sales...
St. Petersburg, Russia - Jul 21, 2011 - Over the first six months of 2011 the Branches of Ilim Group in Bratsk and Ust-Ilimsk have produced 738,000 tons of pulp and paper products, which is 3% more as compared to the same period of the previous year. This includes 623,000 tons of market pulp. This...
In a twist, a new study suggests that regularly logging forests can quadruple the amount of carbon dioxide soaked up from the atmosphere. The trick is to use the harvested wood in place of steel and concrete during the construction of new homes and buildings and replant the forest with fast-growing...
The final report of the “Support study for development of the non-legislative acts provided for in the Regulation of the European Parliament and of the Council laying down the obligations of operators who place timber and timber products on the market” (referred often as EUTR Support Study) is...
The listing of Mpact, previously called Mondi Packaging South Africa (MPSA), on the JSE would enable the packaging company to take further advantage of growth opportunities, CEO Bruce Strong said on Monday. Shares in Mpact started trading at R16 apiece when the market opened in Johannesburg, but...
CHINA, Jul 12, 2011 - The Metso-relocated newsprint machine, PM 1, of Guangdong Huatai Paper Co., Ltd. in Jiangmen City, Guangdong Province in China successfully started up on May 25, 2011.
Trade figures show the value of softwood lumber exported to China has surpassed the U.S. for the first time, sending powerful signals about the importance of the Asia-Pacific markets for B.C.'s economy and job prospects. "China has become our most important market for lumber," said Pat Bell, the...
St. Petersburg, Russia, Jul 11, 2011 - Ilim Group is completing the second stage of the Rebuild of Facilities for Preparation, Storage, and Feeding Wood and Bark Waste for Incineration project launched last year. The total cost of the work under the project exceeds RUR 310 million.
he Environmental Paper Network (EPN) publishes the State of the Industry Report as a resource for policy-makers, non- governmental organizations (NGOs), the paper industry, large volume paper purchasers and other stakeholders to monitor key indicators of environmental sustainability in the North...
The sawmill at Kitwanga was officially reopened Friday under new owners, marking the return of lumber production to the province’s Northwest after a two and a half year absence reports Vancouver Sun. The new sawmill is the only sawmill operating west of Smithers, a region of the province which once...
The European Commission has approved the deal in which the Finnish forestry company UPM buys competitor Myllykoski writes YLE. It was in December, UPM announced the deal, but the Commission was concerned that it would push up the price of newsprint. The deal is worth about EUR 900 million and the...
Finland, Jul 13, 2011 - The forest industry purchased 4 million cubic metres of wood in June and all timber grades were in good demand. The volume of purchases doubled from May, matching the volume achieved in June last year. Timber prices were high, translating into excellent earnings for forest...
This paper aims to provide a better understanding of the wood flows from smallholder plantations to industrial buyers in the Binh Dinh and Phu Tho provinces of Vietnam. It describes the actors involved in the market chains, their respective roles, the value added to the wood in the market chain and...
Wood costs, which account for up 70 percent of production costs when manufacturing pulp, have gone up worldwide the past two years, according to the market report Wood Resource Quarterly. The Global Wood Fiber Price Indices were back to pre-financial crises levels in the 1Q/11.
Wood costs, which account for up 70 percent of production costs when manufacturing pulp, have gone up worldwide the past two years, according to the market report Wood Resource Quarterly. Much of the increase has been the result of higher wood fibre costs which, depending on pulp grade and region,...
High inventory levels in Chinese ports have now converted to a lowering of in-market (CFR) pricing for New Zealand logs. A similar situation occurred this time last year when China was importing what were then record volumes of logs. In the January to April 2011 period China imported over 9 million...
OTTAWA, Canada -- The Government of Canada today officially launched the second and last Call for Proposals under the Investments in Forest Industry Transformation (IFIT) program. The IFIT program aims to support Canada's forest sector in becoming more economically competitive and environmentally...