Metrie acquires Pacific MDF Products Inc. and Canadian MDF Products Company
December 28, 2020 ` 11:28
Metrie, a North American manufacturer and distributor of interior millwork, has announced its acquisition of Pacific MDF Products Inc. and Canadian MDF Products Company, collectively known as Pac Trim, located in Rocklin, Calif., and Edmonton, AB, respectively. Metrie...
Smurfit Kappa designed eco-pallets for the Russian market
December 25, 2020 ` 19:56
The Russian division of the company has started the production of new eco-pallets from corrugated cardboard in compliance with the requirements of the quality standard; the products are completely biodegradable. Legs inside the pallet are made of cardboard...
Tropical hardwood imports held steady in October 2020 in U.S.
December 25, 2020 ` 19:33
Imports of sawn tropical hardwood rose only 2% in October as imports for 2020 continue to lag far below those of 2019, reports ITTO. The 13,491 m³ imported was more than 38% below the volume imported in October of...
A significant rise in prices for particleboards is being observed in Russia
December 23, 2020 ` 18:39
Russian retail prices for particleboards began to rise in November 2020. In Moscow, the price for particleboards of the most popular thickness among furniture makers – 16 mm – rose by 40% YoY to 13,578 rub. per m³...
Swiss Krono to open an OSB production facility in the Kostroma region in 2023
December 23, 2020 ` 18:19
The company headquartered in Switzerland will build an OSB plant in the town of Sharya, the total investments are about 20 billion rubles. The memorandum of understanding has been signed by Governor Sergey Sitnikov and Martin Brettenthaler, Chairman of...
Roundwood prices rise in Finland
December 23, 2020 ` 15:08
The price of logs kept increasing in standing sales in November 2020. The average price for pine logs was € 56.2 per m³ and the price for spruce logs was € 60.6 per m³. This was 3-5% more...
Segezha Group starts up the first digital glue application line in Russia
December 22, 2020 ` 19:16
A new DIGITAL PASTING AM 8135 production line of Windmöller & Hölscher, a German machine manufacturing company, is being installed at Segezha Packaging. Its uniqueness lies in the digital application of glue to the packaging. This technology will...
Stora Enso divests forest holdings in southern Sweden
December 22, 2020 ` 18:33
As part of its forest land optimization, Stora Enso has signed an agreement to divest forest assets located in southern Sweden to the forestry fund Silvestica Green Forest AB. The total area of forest land in the transaction...
An investment project in the forest sector completed in the Vologda region
December 21, 2020 ` 17:10
The Ministry of Industry and Trade has declared the priority investment project in the forest sector for the renovation of the production facilities of Kharovsklesprom completed. The investments have totaled 2.38 billion rubles, 181 jobs have been created....
Luzales to open an MDF production facility worth 5 billion rubles in the Vladimir region
December 21, 2020 ` 14:30
The Administration of the Vladimir region and one of the largest timber harvesting and processing companies in Russia, Luzales (Komi Republic), have signed a framework agreement on cooperation for the construction of a woodworking plant. Luzales is ready...
SCA to raise price of NBSK
December 21, 2020 ` 13:11
SCA announced that they will increase the pulp (NBSK) price to $960 per tonne in Europe from 1 January 2021. “Demand for pulp is strong in all markets. Europe has lagged behind in price developments compared with that...
Sveza’s investment project in the Vologda region included in the priority list
December 18, 2020 ` 18:27
Novator +52 project is included in the list of priority regional investment projects with the provision of tax incentives. It was decided unanimously at the Gubernatorial Investment Council of the Vologda region. The investment project is estimated at...