The project aims to increase the production of containerboard with basis weights of 115 to 195 g/m² by around 19 percent to 128,000 tons of saleable paper per year, improve overall machine efficiency and reduce steam consumption.
Kemira’s change negotiations have concluded.
The new entity, Lecta Self-Adhesives España, will be responsible for all Lecta Group's self-adhesive activity, agreements and commercial relations starting January 1, 2025.
In the week ending November 15, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2x4 #2&Btr KD (RL) was US$460 mfbm. This is up +$16, or +4%, from the previous week when it was $444, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.
The United States remained the EU’s largest wood pellet supplier, accounting for 45% of total imports.
Rates have been relatively flat over the last few weeks as the market waits for more clarity.
Total orders for woodworking machinery decreased by 9% compared to Q3 2023, driven by a 12% decline in export orders.
Despite economic challenges, including high interest rates and inflation, the company prioritized affordability by reducing prices by Euro 2.1 billion, leading to a 3.3% increase in store visitation and a 28% rise in online traffic, with online orders growing by 9%.
Second estimate confirms 2.8% GDP growth in Q3; nominal GDP rises by $338 billion as corporate profits decline by $10.2 billion.
Price for wood chips exported from Thailand lost 9%.
Price for lumber exported from Thailand surged 112%.
Industrial roundwood removals rise by 0.8 million cubic meters in October to 6.2 million cubic meters.
Sales of new single-family houses in October 2024 were at a seasonally adjusted annual rate of 610,000.
Magnera brings together a diverse business and customer mix, with a broad platform of 46 global manufacturing facilities across an expanded portfolio of products and solutions.
PRT/IFCO is joining forces with Funga to provide the crucial nursery infrastructure and seedling expertise needed to expand their operations and scale their efforts in the South East.