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Graz, Austria, Mar 29, 2011. Today’s 104th Annual General Meeting of Shareholders of ANDRITZ AG agreed to a dividend payment of 1.70 Euros per share for the 2010 business year, which is an increase of 70% compared to the dividend for the 2009 business year (1.00 Euro per share). Ex-dividend date...

Graz, Austria, Mar 18, 2011 - International technology Group ANDRITZ has been awarded an order by Hämeenkyrön Voima Oy to supply an 80MWth fluidized bed steam boiler using as main fuel wood-based biomass and milled peat as additional fuel for its power plant in Hämeenkyrö, Finland. The project...

The acquisition in North America is the next step in ITI’s strategy to become an industrial global leader in terms of presence in the key markets of Asia, Europe and America, efficiency and volumes of production. With the acquisition of the two Tolleson sawmills ITI’s global production capacity...

Stora Enso, SCA and International Paper have both been honored by the Ethisphere Institute as Ethical Companies for 2011. Stora Enso has now been selected for the list for the fourth time running, out of a record number of nominee companies and International Paper was recognized by The Ethisphere...

St. Petersburg, Russia, Mar 15, 2011 - OJSC Ilim Group received a multi-site FSC Forest Management Certificate, which also applies to the Group’s harvesting operations in Siberia (the Bratsk and Ust-Ilimsk District Branches). This FSC Certificate covers that largest area of certified forest in...

UPM, Helsinki, 15 March 2011 at 11:00 EET) - UPM applies for FSC (Forest Stewardship Council) certification for its forests in Finland. At the same time UPM also extends its forest service portfolio to cover FSC-certification services to Finnish forest owners. UPM's forests and most of the...

Global market pulp production increased by seven percent in 2010, which increased demand for wood raw-material. As a result, prices for wood chips and pulplogs were up in most regions of the world, according to the Wood Resource Quarterly.  

According to the preliminary data of 2010 provided by the major companies of the timber industry complex of the Republic of Karelia the scope of investments grew by a factor of 2.3 and equaled to RUR 3.5 bln. The pulp and paper sector received RUR 967.4 mln, these funds were transferred to JSC «...

Arkhangelsk will host the International Forestry Forum dedicated to the International Year of Forests in 2011 declared by the Resolution of the United Nations General Assembly. The event is jointly prepared by the Government of Arkhangelsk Region and the Federal Forestry Agency (Rosleshoz). The...