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UPM was named industry leader for the Paper and Forest industry in the Dow Jones European and World Sustainability Indices (DJSI) for 2019-2020 for the seventh time. Of 61 industry leaders recognised worldwide, UPM was the only Finnish company on the list. The Dow Jones Sustainability Indices are published in collaboration with Robeco SAM. The[…]

Katerra announced the grand opening of North America’s highest volume cross-laminated timber (CLT) factory. Located in Spokane Valley, Washington, the 270,000-square-foot-facility will significantly increase supplies of CLT, a fully renewable structural building material that sequesters carbon for a building’s life and can be used in place of steel and concrete in buildings up to 18[…]

Tolko announced that it is implementing a flexible operating footprint at its Soda Creek and Armstrong stud lumber mills. This change will reduce the company’s operating stud capacity by 20%. Vice President, Solid Wood, Troy Connolly says the decision is a result of high log costs in B.C. and weak market conditions. “The continued and[…]

The grand opening of the new training and service centre of OOO Ponsse, Ponsse’s subsidiary in Russia, was celebrated earlier this month in Gorelovo, St. Petersburg. With its area of 1,500 square metres, the new training centre is one of the company’s largest investments in Russia, totalling approximately EUR 3 million. The new training centre[…]

Ponsse’s products and services that improve productivity and profitability in logging had a strong presence at the The Great Lakes Logging & Heavy Equipment Logging Congress September 5-7 Escanaba, MI. The new PONSSE Cobra harvester was introduced at the fair as well as new PONSSE Active Crane system for loader controlling. PONSSE COBRA – an[…]

The managing director of Ponsse AS, Ponsse’s subsidiary in Norway, is to change. Sigurd Skotte, who has held the position since 2011, will transfer to parent company Ponsse Plc starting from 1 October 2019, where he will work in the development of global sales. Carl-Henrik Hammar, managing director of Ponsse’s subsidiary in Sweden, will be[…]

From September 2 2019 until January 13 2020 it is going to travel from the south of Sweden to the most northern parts and is going to make at least one stop per sales district. Contact your local contact for more information when the Bison is coming to your neighbourhood. And keep yourself updated with[…]

Weyerhaeuser Company announced an agreement to sell its 555,000 acres of Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, for $300 million in cash. The company expects to recognize a gain on the sale and anticipates no tax liability in conjunction with the transaction. “This transaction in[…]

Bjørn Einar Ugedal has been appointed new Managing Director at Norske Skog Skogn AS from October 15, 2019. He has extensive experience from a number of positions in the process- and power-intensive industry. Until recently, he was the CEO of Ferroglobe Mangan Norway in Mo i Rana, which produces manganese alloys. He has held a[…]

British Columbia government has announced $69 million to fund a new series of measures aimed at supporting provincial forest workers impacted by mill closures and shift reductions in several B.C. Interior communities. The Interior forest industry has been reducing production in an effort to adjust to the end of the mountain pine beetle harvest and[…]