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Enviva Partners LP has completed the previously announced acquisition from its sponsor of Enviva Pellets Greenwood Holdings II LLC, which, through its wholly owned subsidiaries, owns a wood pellet production plant in Greenwood, South Carolina. In connection with the Greenwood acquisition, our sponsor has assigned to the partnership five firm, long-term, take-or-pay off-take contracts with[…]

Canfor Corporation (TSX:CFP) announced today that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital. “We are excited that Vida’s strong performance and balance sheet has enabled them to grow their operating footprint in[…]

The new woodroom includes three lines with an aggregate capacity of 5 million cubic meters of chips per year. The project investments amounted to USD 125 million. The woodroom lines are interchangeable with the distinction between them being the type of processed species. The lines handle SW and HW species, as well as their mix. A completely[…]

New order for Büttner: The specialist for energy and drying systems will deliver four new drum dryers to the American pellet producer Highland Pellets LLC. Büttner convinced the Arkansas-based company with a practical conversion project and its many years of expertise in drying technology. At the end of June both cooperation partners signed the supply[…]

SCA has confirmed a new harvesting plan which shows that the harvesting level in their own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased harvesting level gives an increased cash flow of 300-400 MSEK per year with full effect[…]

Holmen has signed an agreement to acquire Martinsons, one of Sweden’s leading players in sawn and processed wood products. The purchase price is SEK 1.0 billion for 100 per cent of the shares. The acquisition will almost double Holmen’s sales of wood products to over SEK 3 billion, while also advancing positions in wood construction[…]

C3’s Portland log marshalling operation has increased throughput by 300% since the deal was completed despite C3 purchasing equipment and commencing operations during the COVID-19 pandemic. C3, one of Australia’s largest forest products logistics providers and part of LINX Cargo Care Group, has secured a multi-million dollar deal to provide log marshalling services in Portland,[…]

AFM-Forest Ltd. launches the all new AFM 75 processing head model. The new AFM 75 is a tough-built processing head with high feeding power and excellent geometry for the most demanding logging operations worldwide. With its new HD frame and pins made from SSAB RUUKKI Scandinavian quality steel and nylon bushings it can fit on different[…]

Effective July 2, the Brandt Group of Companies successfully acquired the assets of Ontario-based Sokkia Canada in a deal with owner Topcon Positioning Systems. The acquisition, which directly affects the Ontario and Quebec markets, makes Brandt the exclusive dealer for Sokkia optical survey instruments, accessories and parts for the Canadian market. The news signals Brandt’s entry into[…]

Segezha Group, one of the leading Russian wood processing company, intends to build new CLT plant in Arkhangelsk region, said Mikhail Shamolin, president of Segezha, at the meeting with Arkhangelsk governor. Segezha expects a CLT plant to be operational by 2023 with capacity of 50 thousand m3. Company plans to spend $25.5 million (1.8 billion[…]