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BillerudKorsnäs has signed a letter of intent to acquire Bergvik Skog Öst AB, owned by Bergvik Skog AB. The transaction will secure parts of BillerudKorsnäs’ wood supply, and improve the possibilities to manage the mix of internal and external wood flows in order to increase efficiency. Bergvik Skog AB was formed in 2004 through an[…]

The European Investment Bank and Svenska Cellulosa Aktiebolaget (SCA) have signed a Euro 150 million loan agreement. The EIB financing will support renewable energy and energy efficiency measures in a pulp mill in Timrå, Sweden, the regeneration and replanting of 68,000 ha of forest – almost three times the area of Stockholm – and the[…]

Södra to sell its Norwegian operation, Södra Wood AS, to German company Sörnsen Holzleisten. Handover is expected to take place on February 1, 2018. The operation in Norway encompasses two production units (one in Brumunddal specialising in mouldings and one in Engesetdal in foil-wrapped MDF), two distribution terminals in Brumunddal and Namsos and a marketing[…]

Interfor Corporation plans to invest $16.5 million to upgrade it’s sawmill in Meldrim, Georgia. The project is scheduled to be completed in December of 2018. The project is focused on debottlenecking the back-end of the operation and includes the installation of one new continuous lumber drying kiln and upgrades to the planer mill. Lumber production[…]

Grant Somerville, the new President of Tigercat Industries Inc., has announced that Matt Roberts has been promoted to the position of sales manager, Europe and Russia. “My focus will include the continued development of distribution for sales and product support in the European, Scandinavian and Russian markets,” explains Matt. “With the ongoing expansion of our[…]

NZ structural log prices rise to 24-year high, A-grade export logs hit record – New Zealand structural log prices rose to the highest level in 24 years and A-grade export logs hit a record as local mills compete with the export market to secure supply for the domestic construction market amid strong demand from China.[…]

John Deere introduced Intelligent Boom Control for the 1270G harvester and the 8-wheeled 1170G harvester in June at the Elmia Wood trade fair. Now they are introducing a 6-wheeled model of the 1170G harvester as well as the smaller 1070G harvester. At the same time, IBC will be available also for the 1170G harvester. Precise[…]

Australia’s battered forestry sector and timber industry is finally starting to emerge from the financial wilderness it was cast into nearly a decade ago following the spectacular collapse of managed investment scheme timber plantation companies such as Gunns, Timbercorp and Great Southern. New figures released by the federal government show the timber industry has enjoyed[…]

Forestry Corporation is Australia’s largest softwood plantation manager producing enough timber each year to construct a quarter of the houses built in Australia. The Softwood Plantations Division alone oversees timber production from over 200,000 hectares of pine plantations in NSW. Forestry Corporation is pleased to announce and welcomes the new head of this division, Mike[…]

Electric trucks are having a moment in the spotlight, but they won’t replace diesel-powered trucks in big numbers until they overcome costs and other limitations. Tesla Inc. unveil a semitractor-trailer last week, its first foray into trucking after more than a decade of making cars and SUVs. German automaker Daimler AG showed off its own[…]