Segezha Group (MOEX: SGZH, a subsidiary of Sistema PJSFC) acquired the Karelian Wood Company, a logging and wood processing enterprise located near the town of Kostomuksha in the Republic of Karelia in January 2020. In order to streamline the integration of the enterprise into the Group, a modernization schedule was drawn up for the main production lines,[…]
Provides direct access to Forestry sector and alignment with UN Sustainable Development Goals and Principles of Responsible Investing J.P. Morgan Asset Management expects to become an active participant in carbon offset markets In an effort to directly impact the transition to a low-carbon economy and provide ESG-minded investment opportunities related to climate, conservation and biodiversity,[…]
“LSAB is a long-term partner of Metsä Fibre’s sawmills, and the agreement with the Rauma sawmill continues this partnership. LSAB Suomi will deliver the sawmill built in Rauma the blades it needs and will take care of necessary services. The company is committed to our common safety targets, and we’ve been able to develop our[…]
Segezha Group, an international timber holding company (a subsidiary of Sistema PJSFC), became an official partner of the VII regional qualifying competition Siberian Logger. The championship took place on 3–4 June this year in Divnogorsk, Krasnoyarsk Krai. Divnogorsk Technical School of Forestry Technologies held the competition for logging machine operators (harvesters, forwarders, fork loaders) and[…]
In the new method, trees removed by thinning are paid a trunk price based on their severity. The method has been developed to be able to optimize the value added of wood in all end product market situations. The steepness trunk price means that the trees to be thinned are purchased as complete trunks and the[…]
Metsä Fibre’s Rauma sawmill, part of Metsä Group, has concluded a service agreement with Euroports Finland on port operations for sawn timber in Rauma. The agreement is for four years and will take effect in the summer of 2022. Automated conveyors will transfer the timber produced at the sawmill from packaging directly to the transport[…]
Metsä Group and forest owners planted 270 million seedlings in Finnish forests between 2010 and 2020. This summer, the figure will increase by more than 35 million seedlings. Metsä Group supplies forest owners with native tree species that occur naturally in Finland. Under the Finnish Forest Act, a new forest must always be established after[…]
HASSLACHER Group, one of the world’s leading producers of glulam and Cross Laminated Timber (CLT), invests in TC continuous kilns from Valutec. The deal means the well-known timber industry group becomes the first in Austria to own the groundbreaking lumber kiln. This is also a new prestigious order for Valutec, which strengthens its position as[…]
HASSLACHER Group, one of the world’s leading producers of glulam and Cross Laminated Timber (CLT), invests in TC continuous kilns from Valutec. The deal means the well-known timber industry group becomes the first in Austria to own the groundbreaking lumber kiln. This is also a new prestigious order for Valutec, which strengthens its position as[…]
Södra is acquiring Ture Johanssons Trävaru AB and AB Tenhults Impregneringsverk. The new sawmill and timber treatment facility will provide a better market for wood in a prioritised area and strengthen Södra’s customer offering in the Swedish building trade. It will also improve Södra’s ability to implement its Group strategy. “We look at specific needs[…]