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.
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BRUSSELS, Dez. 13, 2010 (RISI) - In part 1 of a two part series, Graeme Rodden, Executive Editor of Pulp & Paper International, examines why Mondi is at WWF's top of the tree when it comes to evironmental practice in pulp and paper. Earlier this year, Mondi was rated the Number 1 company...
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...
BRUSSELS, Belgium, Dec.20, 2010 -- Western European demand for coated papers has matured and the post recession rebound in demand is over. According to RISI's new European Coated Papers Risk of Closure Study, overcapacity of both coated woodfree and coated mechanical papers has reached 1.2...
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.
The forest society will load 2500 cubic meters of timber from the province on a cargo ship to Finland. Forest Society (Skogssälskapet) in Sweden export pulpwood when prices are higher abroad and many countries import timber to avoid having to raise prices at home market.
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. Pulp prices were widely expected to drop in the first-half of the year, and early on there...
NOTTINGHAM, UK, Dez. 15, 2010 (Press Release) - When I first heard that WWF had launched their own version of PDF software that won't allow printing of documents, I'm afraid I did not take it very seriously. After all, we all demand...
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. The brightest stars are found in...
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.
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. The transaction, whose value is not disclosed, will result...
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 Gunilla Saltin...
November 25, 2011 - The timber export duty issue, a matter that has hampered Russian-Finnish forest industry cooperation for quite some time, was resolved as part of WTO negotiations between Russia and the EU. //-->
Industry web Woodnet.se writes a long article about an eco-friendly wood preservative that gives both flame and mold protection, and it is also sustainable. With preservatives the timber gets a permanent protection against both decay as fire.
An awareness campaign entitled Go Paper. Grow Trees (TM) from global paper and packaging company International paper gives consumers the facts on how using paper products makes a direct contribution to the health and growth of trees and the forests.
More detailed price information, including data broken down by felling type, is to be published by Finland’s forest industry in a bid to help timber sales. The Finnish Forest Industries Federation (FFIF) said the current price information based on the average stumpage price of all standing...
Reuters reported this week that Russia and the European Union struck a deal on Wednesday to phase out Russian export tariffs on raw materials.This is designed to smooth the way for Moscow’s entry into the WTO. First Deputy Prime Minister Igor Shuvalov said “We have … an agreement on a text on...
One of the major cost in forestry, pulp and basic industries are high electricity prices. Many of the major forestry companies are looking to secure its electricity needs for several years in the future. In the Nordic power exchange NordPool, the average price increased by 40 percent over the...
Russia will reduce its wood tariffs probably within a year. Russia has given this promise to reduce timber dutis in negatiations to the European Commission in exchange for membership in the World Trade Organization (WTO) according to the Finnish TV Yle. The Russian duties on raw timber will be...
Supply and demand in China, New Zealand’s major export log market, appears to be reaching a balance. As such, in-market prices for New Zealand logs in China and Korea have slowed from the rapid rises witnessed through September and October. In-Market prices for a KS log have stepped over US$140...