After the installation of the lime kiln and a satellite cooler, the lime kiln production capacity will increase to 200 tonnes per day.
In 2024, GBP 95.4 million ($120.8 million) of forestry was listed for sale in the UK.
U.S. purchases of total printing-writing papers increased 11% in September compared to the same month last year. Total printing-writing paper inventory levels decreased 3% when compared to September 2024.
The additional investments of $252 million over five years will enable initiatives worth $540 million over the next seven years to provide support to the wood processing sector and invest in reforestation efforts.
Viktor Pilemyr is set to take on the role of business area controller at Södra Wood in mid-February 2025.
The search for Jukka Tiitinen’s successor as Area President, North America, will commence in 2025.
The 30-year fixed-rate mortgage averaged 6.84% as of November 21, 2024, up from last week when it averaged 6.78%. A year ago at this time, the 30-year FRM averaged 7.29%.
Price for wood pellets imported to European Union added 0.2%.
Imports of plywood to Belgium contracted 6%.
Price for wood pellets imported to South Korea expanded 10%.
Price for lumber from Sweden in Morocco stayed flat.
Price for wood pellets imported to Italy upped 3%.
Lunawood strengthens its position in the United States – a joint venture begins thermal modification of local wood species.
Berry shareholders will receive a fixed exchange ratio of 7.25 Amcor shares for each Berry share held upon closing, resulting in Amcor and Berry shareholders owning approximately 63% and 37% of the combined company, respectively.
Designed to address the energy-intensive nature of tissue drying, the PrimeDry HotAir Box recovers a portion of the hot, wet exhaust air from the drying hood for reuse in the process.
Softwood dominated Latvia’s lumber exports, comprising 81% of total shipments.