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Last year ULK ordered a high-capacity dry sorting and packaging plant from HEINOLA to their new sawmill in Kostylevo, Archangel region, Russia and installation is nearing completion. This plant delivery is a part of the ULK’s new investments for increasing the sawmill capacity. The mechanical parts were manufactured during the year 2017, and the installations[…]

Heinola Sawmill Machinery is to replace the secondary breakdown of Stora Enso Veitsiluoto Oy’s sawline with a new RG-406 rotary gang, including infeed and outfeed equipment. This forms part of ongoing purposeful sawline development work, involving replacing the old control-based saw with a modern, double-arbor version. The sawline allows for active curve-sawing, an increase in[…]

Stella-Jones Inc. completed the acquisition of substantially all the operating assets employed in the business of Wood Preservers Incorporated, located at its wood treating facility in Warsaw, Virginia. Wood Preservers Incorporated manufactures, sells and distributes marine and foundation piling and treated wood utility poles. Sales for the twelve-month period ended December 31, 2016 were approximately[…]

Pinnacle Renewable Holdings Inc. has entered into a long-term, take-or-pay off-take contract with Ube Industries Ltd., a diversified Japanese conglomerate with annual revenues of approximately $6 billion. Under the terms of the contract, Pinnacle will supply 70,000 metric tons per annum of industrial wood pellets to Ube beginning in late 2019. “Japan has made a[…]

U.S. wood pellet exports decreased 1.9% in Q1 2018 YoY to 1.26 million tonnes, according to USDA. The export value grew 0.4% to $160.7 million, and the average export price gained 2.3% to $131 per tonne. The exports to the United Kingdom, the main consumer of wood pellets from U.S., fell 15.0% to 787.8 thousand[…]

FinnMETKO 2018 is the largest event in Finland. Work demonstrations and test runs are a key feature of the exhibition. Work demonstrations of forest and civil engineering machines and chipping and crushing screens of wood energy equipment are a key feature of the exhibition. Transport has traditionally been strongly involved in the fair. Trailer equipment[…]

West Fraser increased operating earnings in Q1 2018 by 44.8% YoY to $265 million, company reported. The sales have grown up 14.8% to $1,364 million. The lumber segment generated operating earnings of $189 million (Q4-17 – $232 million) and Adjusted EBITDA of $282 million (Q4-17 – $258 million). According to company, Q1 2018’s results were[…]

Favorable export markets in 2017 formed a steady growing demand for the main wood based products in Russia, according to the report ‘Russian Forest Based Industries in 2017’. At the same time, the turn of the Russian economy from a recession to growth (GDP grew by 1.5%) led to a revival of demand for products[…]

Matériaux Blanchet announces an investment of over $25 million to modernize its planing plant in Amos, Quebec, Canada. The company will be installing a state-of-the-art planer mill that will ensure its competitiveness over the next several years, increase the profitability of its lumber production and keep a maximum number of jobs in the area. Matériaux[…]

Wood remanufacturing company Industrial Wood Products is locating several of its existing product lines and capabilities to Vicksburg, Mississippi. The project is a corporate investment of more than $2 million and creates 50 jobs, the Mississippi Development Authority (MDA) announced. Industrial Wood Products of Mississippi will locate industrial component manufacturing operations and a paint line[…]