Kiilto has introduced Kiilto Biomelt, the world’s first biodegradable hot melt adhesive, made from 70% bio-based raw materials.
Imports of wood chips to Japan expanded 6%.
Exports of logs from Japan expanded 15%.
International Paper to exit molded fiber business; additional facility changes planned.
Karl-Johan Löwenadler will assume the role of CEO of Vida AB effective of October 1st.
Price for wood pellets exported from Vietnam to Japan slipped 0.9%.
Imports of softwood lumber to Japan gained 1.7%.
Closure affects 290 employees and takes effect in August 2025.
The estimated sales for the overall market in May were reported at $2.05 billion.
SP Maskiner launches two additions to its product range: SP 461 LF Next Generation and SP 661 LF Lite.
Ms. Lovcik will continue to serve as CFO through August 5, 2025, at which time the CFO responsibilities at Trex will be assumed on an interim basis by Bryan Fairbanks. Mr. Fairbanks served as CFO from August 2015 until being named CEO and a member of the Board in April 2020.
Trejon Flexitrac models from series 11 and 12 are now in stock at Contrans in Finland.
Matt Klein is a sales representative for Kamps and Easy Heat: Wood Fuel Pellets, Kamps’ consumer-facing brand of wood pellets.
U.S. mortgage rates fall for 4th straight week.
The project’s final investment decision is expected in 2026, with commercial production for the first factory stage set to begin in 2028. The project is intended to be implemented in three phases, each valued at approximately Euro 300 million.
Norra Skog plans to increase production by 10,000 m3 per year. The first steps will be taken this summer and the reconstruction will be completed in the fall of 2026.