Valmet on December 21 entered into an agreement to acquire Demuth, a Brazilian company specializing in wood handling solutions for the pulp industry. This acquisition will strengthen Valmet’s wood handling technology offering and services presence in South America. The value of the acquisition will not be disclosed. The acquisition is subject to relevant competition authority […]
Tag Archives: wood and paper
28
Dec
Dec
The largest producer and exporter of packaging paper and sustainable paper packaging solutions in Brazil, Klabin announces the acquisition of Arauco’s forestry operation in Paraná. The investment of US$ 1.16 billion includes the purchase of 85,000 hectares of productive forest areas mostly in the State of Paraná and 31.5 million tons of standing wood (expected […]
25
Dec
Dec
Valmet has on December 21, 2023, entered into an agreement to acquire Demuth, a Brazilian company specializing in wood handling solutions for the pulp industry. This acquisition will strengthen Valmet’s wood handling technology offering and services presence in South America. The value of the acquisition will not be disclosed. The acquisition is subject to relevant […]
24
Dec
Dec
Runtech Systems rebuilds vacuum system and improves dewatering at Enstra Paper (Pty) Ltd PM6, South Africa. The delivery includes two low vacuum blowers, three EP600 Turbo Blowers with EcoDrop and EcoSep water separators and an EcoFlow dewatering measurement system for couch save-all and full press section. The new RunEco system replaces 16 liquid ring pumps, […]
09
Dec
Dec
Weyerhaeuser Company recently announced it has entered into two distinct agreements with Forest Investment Associates to divest approximately 69,600 acres in Upstate South Carolina for $170 million, and to purchase approximately 60,700 acres of high-quality timberlands in Coastal North Carolina, South Carolina and Mississippi for $163 million. Key attributes of the transaction: Adding high-quality timberlands […]
02
Dec
Dec
UPM invests nearly 10 million euros in the modernization of the Korkeakoski sawmill. A new split saw supplied by USNR will start operating at the sawmill in 2025. This is a very significant investment in the efficiency and competitiveness of the Korkeakoski sawmill. “The sawmill industry has a long history of over 60 years in […]
30
Nov
Nov
Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, AL. The curtailment will affect approximately 80 positions. The plywood operations at the Chapman location are not part of the curtailment. The Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on January […]
23
Nov
Nov
Global pulp prices have fallen steadily since late 2022, when they reached record highs. The most significant decline has been for hardwood pulp, traded at a substantial discount to softwood pulp. Global pulp inventories were down during the summer, and there were signs that the market tightened, and pulp producers were starting to see opportunities […]
22
Nov
Nov
Canfor Corporation recently announced it will curtail operations at its Polar Sawmill located in Bear Lake British Columbia, north of Prince George, following an orderly wind-down. The curtailment is the result of a shortage of economically available fibre in the region and is expected to be in place for a period of approximately six months. […]
30
Oct
Oct
Stora Enso has launched a new operating model at its logging sites in Finland to improve the vitality and biodiversity of forests. In practice, this is done by reducing the density of planted spruce from 1,800 seedlings per hectare to 1,600 seedlings per hectare. This will increase mixed-species forests, which is one of the overarching […]