Despite this growth, the current export volumes remain considerably lower than those seen before the January 1, 2022, Russian restrictions on roundwood exports.
Imports of wood pellets to South Korea increased 12%.
Q1 2024 operating margin loss was 14.5% compared to an operating margin loss of 5.5% in the Q1 of last year. Adjusted operating margin loss was 15.2% compared to an adjusted operating margin loss1 of 4.5% in the Q1 2023.
ABB solution to help prioritize crucial operational processes in the bleach plant based on data-driven decisions.
Ence’s consolidated operating result (EBITDA) reached Euro 45 million in the Q1 2024, 78% more than the previous quarter.
Stora Enso will immediately begin the search for Seppo Parvi’s successor.
U.S. housing starts rose 5.7% in April, building permits fall 3%.
Saica already acquired a minority stake in the company in 2001, which allowed LIC Packaging to expand its facilities and to approach the international market.
Work on obtaining FSC certification started at Carccu last year as part of the company’s ISO 9001 and ISO 14 001 quality system certification efforts. Last year, Carccu was also awarded PEFC forest certification for environmental responsibility.
Walki Group has 17 production facilities worldwide and employs more than 1,700 people.
The Homag Group’s order intake increased by 7% to Euro 377 million in the first three months of 2024 (previous year: Euro 353 million).
Since 1888, Schoeneman’s has established itself as a trusted name with experienced staff and a large selection of building materials and products.
U.S. mortgage rates continue to decrease.
Hugues Simon to succeed Mario Plourde as President and CEO of Cascades.
Price for lumber exported from Russia to Kazakhstan lost 12%.
Jeff Tomaszewski, President, Diversified Businesses of Sonoco Products Company, to retire effective June 30, 2024.