A US forestry company with most of its mills and 1,700 employees in British Columbia has filed for bankruptcy protection – it is the first major corporate failure in what many say is the industry’s worst downturn in memory, according to a report in a local paper. Portland-based Pope & Talbot filed for protection after[…]
Europe’s biggest papermaker Stora Enso Oyj plans to cut magazine, newsprint and pulp capacity as well as jobs after reporting a surprise third quarter loss as wood costs soared and the US dollar fell, according to an online report from Bloomberg. The loss was €439.9 million down from a profit of €58.9 million a year[…]
Former Federal Environment Minister Malcolm Turnbull said environmental standards at the Gunns’ Tasmanian pulp mill would be the world’s best, but some specialist observers of the cutting-edge Swedish pulp and paper industry doubt his claim, according to a report in Australian newspaper The Age. Two years ago, three Swedish pulp and paper mills found small[…]
The Finnish Forest Industries Federation is revamping its network services with the aim of boosting the efficiency of its lobbying activities. The first modernised services have been opened and the totality will be upgraded by the end of this month. The Federation’s network services have the aim of increasing the effectiveness of lobbying and boosting[…]
The Finnish Forest Industries Federation is revamping its network services with the aim of boosting the efficiency of its lobbying activities. The first modernised services have been opened and the totality will be upgraded by the end of this month. The Federation’s network services have the aim of increasing the effectiveness of lobbying and boosting[…]
Söderhamn Eriksson has signed a contract with James Jones & Sons in Scotland for the delivery of machinery worth some €11 million. The order comprises debarking, log intake, sawline, edging and waste handling. The sawline features the most advanced technology for log and cant feeding, reducing, band sawing and edging and will produce 140,000 cu/m[…]
With the first edition of International Forest Industries set to land on the desks of the global forestry community in early December, the IFI editorial team has started putting together stories and information for the first edition of the New Year. The launch edition of the magazine included a general overview of current industry issues[…]
International forest products company. Weyerhaeuser, has signed a letter of intent to purchase the Idabel sawmill owned by Freeman Brothers also doing business as Bibler Brothers Lumber Company. Idabel is currently a contract sawmill for Weyerhaeuser and a chip supplier for Weyerhaeuser’s Valliant, Okla., containerboard mill. It employs approximately 130 people and has the capacity[…]
Major equipment supplier, The Pöyry Group, has recorded improved net sales for the first nine months of this year of €512.7 million and a pre-tax profit of €53.2 million, partly thanks to a growing contribution from its forest industry. Net sales for the corresponding period in 2006 were almost 14% lower at €450.9 million, with[…]
John Deere Forestry Oy has won the Technical Creativity award from the City of Tampere for the design of TimberLinkTM, a system for measuring the performance and condition of forest machines. The John Deere team comprised Arto Peltomaa, Kari Lehmusvaara and Aki Putkonen was granted the award in recognition of their work in developing the[…]