Archives: Uncategorised

In the 3Q, Acadian Timber Corp. generated net sales of $22.2 million compared to $19.3 million in the prior year period primarily due to a 20% increase in log sales volumes. Adjusted EBITDA margin increased to 30% from 27% in the prior year period as the benefits of higher log sales volumes and stronger sales[…]

Komatsu Forest has a new Global After Sales Manager – Bernd Rauser has since the year 2000 been active as Managing Director of Komatsu Forest GmbH. Now new challenges are waiting, that he is eager to face. Komatsu Forest is in a phase where the company invests in growing within the aftermarket offering. The aim[…]

Jyri Kylä-Kaila (39) has been appointed managing director of Epec Oy, a subsidiary of Ponsse, starting from 1 January 2019. Kylä-Kaila will report to Ponsse Plc’s President and CEO Juho Nummela, and he will be located in Seinäjoki. Jyri Kylä-Kaila will transfer to his new position from Valmet Automotive where he has worked in various[…]

Rayonier Inc. reported 3Q 2018 net income of $23.4 million, or $0.18 per share, on revenues of $200.9 million. This compares to net income of $24.7 million, or $0.19 per share, on revenues of $184.4 million in the prior year quarter. 3Q 2018 operating income was $46.4 million versus $39.3 million in the prior year[…]

Sappi North America appoints Alexander “Sandy” Taft as director of sustainability. Taft will work cross-functionally within Sappi’s North American operations to drive sustainability strategy and execution. Taft will also work with counterparts in Sappi’s European and South African offices to ensure consistency with global sustainability goals. Taft joins the company from National Grid, a U.K.-headquartered[…]

Södra can now offer Guarantees of Origin (GoOs) for its renewable electricity. The GoOs are recognised by the EU, following the certification of Södra’s Mönsterås pulp mill according to EU standards. “We believe in renewable energy and want to give our customers the opportunity to take advantage of our renewable electricity,” said Henric Dernegård, Energy[…]

Metsä Wood’s new birch plywood mill inaugurated in Pärnu, Estonia. The investment in the birch plywood mill in Pärnu is worth Euro 55 million. Once the mill is operating at full capacity, it will employ around 200 people. For Metsä Wood, the Pärnu mill is a strategically important investment in birch plywood speciality products. The[…]

Resolute Forest Products Inc. reported net income for the quarter ended June 30, 2018, of $72 million, or $0.77 per diluted share, compared to a net loss of $74 million, or $0.82 per share, in the same period in 2017. Sales were $976 million in the quarter, an increase of $118 million from the year-ago[…]

In September 2018 Brazilian exports of wood-based products (except pulp and paper) increased 8.4% in value compared to September 2017, from $248.3 million to $269.1 million, reports ITTO. The value of pine sawnwood exports increased 20% between September 2017 ($41.9 million) and September 2018 ($50.4 million) and the volume of exports increased 17% over the[…]

Boise Cascade Company has completed the sale of its northeast Oregon lumber mills in Pilot Rock and La Grande and the particleboard operations in Island City to Woodgrain Millwork. The sale officially closed on November 2, 2018. Boise Cascade is one of the largest producers of engineered wood products and plywood in North America and[…]