Price for wood pellets imported to Japan slipped 1.5%.
Price for softwood lumber imported to Japan dipped 1.8%.
The deal will add a Waseca, Minnesota pallet plant and 75 employees.
Company fined $6.38 million and ordered to implement compliance plan after purchasing more than $30 million in illegally trafficked wood.
Finland consumes 78.9 million m3 of roundwood in 2025 Headline option 3: Finland forest industry roundwood use rises 6% in 2025 Subheading: Forest industry processing totalled 66.1 million m3, while energy use fell to 12.8 million m3.
The timberland includes 202 miles of protected streams and is certified to Sustainable Forestry Initiative standards.
Possible temporary layoffs would run from June through December and cover parts of Packaging and Paper, and Pulp, Energy and Circularity.
Significant overcapacity in the forest industry led to production curtailments that reduced demand for pulpwood, and pulpwood prices fell during the quarter. Log demand decreased, and log prices began to decline slightly from very high levels.
Benchmark rises 1% month-over-month from US$518 as weighted species composite remains flat weekly.
Price for plywood imported to Mexico fell marginally 0.7%.
Price for wood pulp imported to United Arab Emirates fell marginally 0.6%.
Price for plywood imported to Mexico rose marginally 0.6%.
Price for wood pulp imported to United Arab Emirates upped 4%.
Price for plywood imported to Mexico rose 4%.
Price for wood pulp imported to United Arab Emirates grew 13%.
Price for lumber imported to Egypt slipped 1.6%.