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UPM-Kymmene Inc. and Northern SC Paper Corp., a subsidiary of the New York Times Company, announced the dissolution of their partnership, Madison Paper Industries, in the USA... [meer...]
Sierra Pacific Industries (SPI) might build a 500 mmbf/year sawmill in Shelton, Washington. Construction may begin in late spring or early summer this year with completion likely in early 2017... [meer...]
RusForest AB, a Swedish forestry company with operations in Russia, released its year end report 2015 on March 31, 2016. RusForest finished the year increased both sawmilling and harvesting production volumes in Q4 2015 compared with the same period in 2014... [meer...]
Innovations4Flooring (I4F), a technology company providing flooring installation solutions, announced that it has initiated the filing of an action to nullify the Dutch part of the base patent EP 1 084 317 from Välinge Innovation AB. The invalidity proceedings on the merits against Välinge were filed before the District Court of The Hague in the Netherlands... [meer...]
At this year's Fensterbau-Frontale, during a press conference, Jürgen Köppel, the CEO of Homag presented the financial results of the Group for the year 2015. Homag's order intake for 2015 increased by 16% while sales by 14%. Both have exceeded the limit of one billion euros in 2015. The order intake amounted to 1.058 billion euros, while sales reached 1.036 billion euros. The number of employees rose by 4% to 5,906... [meer...]
Ilim Group today announced its new 2016-2020 Business Plan which stipulates investments of over USD 2 billion into existing production facilities and other operations in Russia. Investments will focus on increasing the Group’s production capacity by over 500,000 tpy... [meer...]
The year 2015 was mixed for the Finnish forest industry production. Last year's greatest decrease in production was recorded for softwood sawn timber which fell 2.7% short of the volume produced in 2014. In all, some 10.6 million cubic metres of softwood sawn timber was produced in Finland... [meer...]
2015 export data released by Peru's Association of Exporters (ADEX) shows that at US$151.31 million (FOB) there was an 11.5% decline in Peruvian wood product exports as compared to 2014. Much of the decline, says ADEX, was the result of a drop in sawnwood exports... [meer...]
The 20 most important Canadian companies increased production in 2015 (+3.6%), but it was not sufficient to keep paced with the rest of the industry as a result their market share of total Canadian lumber shipments slipped to 74% in 2015 from 80% in 2014... [meer...]