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.
Strategy
This initiative seeks to broaden the production capabilities of Tolko Industries' mill, moving beyond commodity plywood to encompass specialty, industrial, and engineered wood products.
Timber scarcity and low harvesting prompt Canfor to reconsider sawmill investments.
He will lead New Forests’ expansion in Africa.
Prices adjusted in response to raw material shortages.
The production increased from March, but there was a decrease in new orders and export orders, though they remained in expansion territory.
The temporary curtailments will impact all of Interfor’s operating regions, including the US South, through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules and extended maintenance shut-downs.
The suspension will result in a reduction of RYAM’s annual global HPC production. The Temiscaming HPC facility has an annual production capacity of approximately 150,000 metric tons, with roughly 30% historically dedicated to specialty cellulose materials.
Ahlstrom's former Filtration and Healthcare divisions merge to form Filtration and Life Sciences division, Food and Consumer Packaging remains the same, and the former Building Materials and Technical Materials divisions form the new Protective Materials division.
The Finnish Competition Authority has approved a business arrangement whereby Metsä Group will integrate the maintenance operations of its plywood and Kerto LVL mills in Finland into its own organisation as of 1 October 2024.
The era of steep commodity price falls triggered by the pandemic and subsequent recovery phases seems to be concluding.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
Key contributors to the quarter's results included the UPM Paso de los Toros pulp mill, which operated at 83% of capacity, and the successful sale of the Steyrermühl site in Austria.
First quarter impacted by weather and fire.
The performance reflects subdued construction activity and reduced availability in the raw material market.
Renewal to enhance quality and efficiency in boxboard production.
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.
The Bousbecque plant has an annual capacity of approximately 12,000 tons and has 117 employees.
International Monetary Fund upgrades 2024 global growth forecast to 3.2%; highlights widening gap between rich and poor countries.
Beijing pours funds into factory production to mitigate past economic slowdowns and stimulate growth.