The transition will gradually take place during the second half of 2024.
Strategie
Company plans to close the Hürth newsprint mill and shut down a fine paper machine at Nordland Papier (PM 3) in Dörpen.
The selective dismantling of the Stockstadt plant will begin shortly and this work is expected to be completed by the end of 2026.
The revenue decline was primarily due to lower sales volumes.
Paper Excellence Canada will work in close consultation with the Province of Nova Scotia (Canada) in undertaking a feasibility study to determine whether a viable business case exists to open a new mill there.
The province invests in sustainable wood manufacturing to boost local economy and housing supply.
Market strategies have undergone significant changes due to the sanctions. The mill lost its European market for containerboard, which previously accounted for two-thirds of this product's sales.
Cooper Group boosts annual pine lumber production to over 57 million board feet with this acquisition.
Inflation pressures eased to one of the lowest levels in over three years, but remained high by pre-pandemic standards.
Atlas Engineered Products is set to supply wall panels and engineered roof trusses for Westhaven Builders’ upcoming senior living projects in Kimball, Michigan. The project, valued at approximately $800,000, is currently scheduled to commence in the Company’s Q3.
Company will turn IKEA store car parks into flea markets in Belgium, France, and Sweden to help customers extend the life of their products.
Billerud will target to shift its product mix gradually towards packaging materials in North America with a moderate investment level.
SFPA plans to strengthen knowledge about SYP in Egypt and establish a consistent, long-term presence in the Caribbean region.
Ponsse seeks to achieve carbon neutrality at its factory in Vieremä by 2025. Liquefied gas to be replaced with biogas at Ponsse’s Vieremä factory in Finland.
Transactions complete a full placement of committed capital.
Deal concludes with transfer of four companies
British energy leader partners with Japanese firms to innovate sustainable maritime solutions
Supported by $56 million from Wells Fargo, Teal Jones Group is poised to resume operations.
Canfor Pulp Products Inc. will indefinitely curtail one production line at its Northwood facility in Prince George, British Columbia (BC), Canada, due to the decline in availability of economic fibre in the northern BC region.
This initiative seeks to broaden the production capabilities of Tolko Industries' mill, moving beyond commodity plywood to encompass specialty, industrial, and engineered wood products.