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Tag: Sweden

Canfor subsidiary completes purchase of Swedish sawmills

3 September 2020 ` 18:30  
Canfor’s Swedish subsidiary, Vida Group, has completed a purchase of three sawmills in the Scandanavian country. It follows on a June 17 announcement that Vida entered an agreement to buy the mills for $43 million plus working capital....

Stora Enso builds pilot facility for packaging foam material

28 August 2020 ` 17:11  
Stora Enso will build a pilot facility for producing Cellufoam by Stora Enso, a lightweight, fiber-based foam material for protective packaging and cushioning. The pilot plant will be located at Stora Enso’s Fors Mill in Sweden. The sustainable...

SCA intends to invest in pulp production and initiates consultations to discontinue publication paper

26 August 2020 ` 18:43  
SCA intends to invest SEK 1,45bn (US $165 million) in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken paper mill in Sundsvall. In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue...

Setra to invest in new planning mill in Hasselfors, Sweden

24 July 2020 ` 17:23  
Setra is expanding its range of construction timber with a major investment in new planed products. Production will soon begin at the new planing mill in Hasselfors, Sweden. “Wood is the building material of the future and we...

Setra announces its 2020 1H Results

13 July 2020 ` 18:14  
In 1H 2020, sales of the Swedish Setra Group decreased by 7.4% YoY to SEK 2,203 million ($ 239 million). Operating profit fell 49.6% YoY to SEK 59 million ($ 6,4 million). The effects of the COVID-19 virus continue...

Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...

Bergs Timber to close Gransjö sawmill in Sweden

14 May 2020 ` 14:51  
The Board of Directors of Bergs Timber has decided to immediately initiate discussion with the unions to close Gransjö sawmill in Sweden. The sawmilling business will cease as soon as possible and the remaining business during the autumn...

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log price index in Russia

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log...

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and imports for 4 years; Sawmill profit margins fell substantially in North America

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and...

By 2023 Metsä Group will invest about €2 billion in the development of business projects for wood processing

3 May 2019 ` 16:00  
Metsä Group continues to implement its strategy and begins preliminary development of engineering projects related to the construction of a new plant for the production of biological products in Kemi and a new sawmill in Rauma in Finland,...