With the goal of further strengthening its own market position in Asia, the EGGER Group acquired a 25.1% stake in the Thai wood-based material manufacturer Panel Plus Co., Ltd. Sustainable international growth is an essential part of the EGGER Group’s strategic agenda. In addition to the production and distribution of its products in Europe and[…]
Valmet will supply a biomass plant to Göteborg Energi AB in Gothenburg, Sweden. Göteborg Energi is building a new plant to produce electricity and district heat from renewable and recovered sources by 2025. The order will be included in Valmet’s orders received of the fourth quarter 2023. The value of the order will not be[…]
Hughes Pacific, a (owned by the Hughes Family Trust of Washington State, USA) is an innovator in sustainable forestry and LiDAR carbon offset project development solutions, has announced a significant expansion of its operations in Canada. The company has successfully acquired mature timberlands in Alberta and British Columbia and unveiled plans to acquire up to[…]
Ponsse Plc has completed an asset item transaction related to its business activities in Oregon. On 7 August 2023, Ponsse announced that it has signed a deed of sale, in which it undertook to sell its maintenance service operations in Coburg, Oregon, in the US to PacWest Machinery (hereinafter referred to as “PacWest”). The transaction[…]
How much money is needed to save the rainforests? Estimating the exact amount of money needed to save the rainforests is challenging due to the complex and diverse nature of rainforest conservation efforts across different regions. The costs involved can vary significantly based on factors such as the size of the rainforest area, the level[…]
How much money is needed to save the rainforests? Estimating the exact amount of money needed to save the rainforests is challenging due to the complex and diverse nature of rainforest conservation efforts across different regions. The costs involved can vary significantly based on factors such as the size of the rainforest area, the level[…]
Finsilva plc, one of Finland’s largest forest owners, will adopt the Metsä Group Plus forest management model for measures carried out in its forests. The Metsä Group Plus model calls for more retention trees, burned wood, high biodiversity stumps and protective thickets in the forest and wider buffer zones along waterways than conventional models. “Finsilva[…]
Commencing July 2023 Branislav Zoric (photo) will join OneFortyOne as its Chief Forester, working in both Australia and New Zealand. Branislav will provide technical and professional advice on forestry matters including the integration of environmental, social, and economic values for sustainable forest management. He has over thirty years’ experience in forest management, most recently Business[…]
spaceDrax has announced that almost 50 years of power generation from coal at its North Yorkshire power station has come to an end. • Drax has announced that almost 50 years of power generation from coal at its North Yorkshire power station has come to an end. • Drax Power Station was once Western Europe’s largest[…]
The HS Timber Group has announced that it is selling HS Timber Productions Sebes SRL to the German Ziegler Group as part of a share sale. The purchase agreement was signed on April 14, 2023. The completion of the transaction is subject to customary regulatory approvals. The closing of the transaction is expected for the middle of the[…]