The new Rauma pine sawmill of Metsä Fibre, part of Metsä Group, was inaugurated on Monday, 10 October 2022. The sawmill was inaugurated by Prime Minister Sanna Marin with Ilkka Hämälä, Metsä Group’s President and CEO, and Jussi Linnaranta, Chair of the Board of Directors of Metsäliitto Cooperative. With a value of EUR 260 million, the Rauma pine sawmill[…]
RemaSawco AB and Gällö Timber AB have signed an agreement on 27 September 2022 regarding the upgrade of the existing control system in the dry sorting to RemaSawco’s latest generation of the product RS-ProSort, a system for automation and control of board lines in sawmills. The agreement includes delivery, assembly and commissioning as well as[…]
Surging interest in sustainable construction has seen one of New Zealand’s oldest mass timber businesses combine with one of the youngest. After 64 years in McIntosh family ownership TimberLab Solutions has joined the Red Stag group following a share sale completed last week. TimberLab has been the company behind many of the iconic large-scale glulam[…]
Jackson, Mississippi—The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of a client, successfully purchased approximately 117,773 acres of timberland in east Texas and northwest Louisiana from clients of Manulife Investment Management. Located in eight counties in east Texas and eight parishes in northwest Louisiana, the[…]
Mirax Group has announced that it has reached an agreement to acquire Interfor Corporation’s Avalon Dryland Log Sort (“Avalon”) assets located in Port Mellon, BC, and will operate through a wholly-owned affiliated company, Avalon Log Sort Inc. Pursuant to the Agreement, Mirax Group will acquire all real property assets of Avalon and will retain all[…]
BSW, the UK’s largest integrated forestry and sawmilling group, has unveiled its new brand, with an expanded vision of ‘seeing timber in new light’. The brand launch sees the group uniting its capabilities under a new, overarching, BSW Group brand, forging an integrated supply chain to create value and sustain long-term growth. Tony Hackney, CEO,[…]
Sourcing Position Statement – BSW Group Like everyone around the UK, BSW Group is continually watching the ongoing developments in Ukraine, with a concern for their people and hope for peace as soon as possible. BSW Group member businesses, BSW Timber Solutions and Bayram Timber, purchase raw material from Russia, and it has been our[…]
Segezha Group PJSC (‘Segezha Group’ or the ‘Company’, MOEX: SGZH), a Sistema company and one of Russia’s leading vertically integrated timber holding companies with a full cycle of logging and deep wood processing, has reported increased pellet production and export to EU countries. In the first half of 2021, KsyloTech-Siberia, the Company’s pellet asset in[…]
The Pentarch Group has announced it has purchased the assets of Dormit Pty Ltd. Dormit operates two sawmills and associated operations located at Dandenong South and Swifts Creek in Victoria, Australia. It processes hardwood logs primarily for pallet production with final processing occurring in Dandenong. Dormit is Australia’s largest manufacturer of wooden pallets, up to[…]
Segezha Group, a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing (MOEX: SGZH) and part of Sistema PJSFC, is continuing the construction of a pellet production facility to turn by-products and wood waste into biofuel pellets at its Sokol Woodworking Plant.[…]