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Net sales for the year ended December 31, 2024 were $10.8 billion, a decrease of 2.7% as reported and 3.3% on an adjusted basis versus the prior year.
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Stora Enso announces that its NeoLigno bio-based binder is integral part of ECOR Global’s new product line, a groundbreaking fully bio-based, recyclable and formaldehyde-free board.
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Imports of wood furniture to Japan grew 9%.
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Price for wood pellets exported from Turkey added 0.1%.
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Inventories decline to $899 billion, down 0.5% from the previous month.
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Profit margins hit lowest level since 2009 as overcapacity and weak demand persist.
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Price for recycled pulp exported from Thailand added 0.5%.
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Juhani Saukko has been appointed as the Vice President – Operations Finland B2C and and a member of the executive group.
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A growth trajectory confirmed by the results for the first 9 months of the year, which stood at Euro 1.425.4 million in revenues (+8.7% compared to 1.311.2 million in January-September 2023).
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J-RexS is characterized by the use of the world's first corrugated board cutting processing technology that does not use blades.
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Exports of MDF panels from the U.S. to Mexico increased 6%.
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Paperboard deliveries rise 7% while pulp sales fall 10%; new investments target 2026 capacity growth.
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Exports of lumber from Russia to Japan gained 3%.
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Japan takes 43% of U.S. wood chip exports, Canada’s share rises to 41%.
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US imported $62 million of Russian birch plywood in 2024, with $200 million more from Vietnam and $160 million from Indonesia.
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Price for lumber exported from Germany to the U.S. increased 11%.