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One of Portugal’s largest pulp and paper producers, the Navigator Group, has ordered a new wood processing plant for its Figueira mill from Raumaster. The parties do not publish the exact transaction amount of the ordered entity, but it is significant for Raumaster. The ordered plant will process eucalyptus wood as its raw material. Raumaster[…]

Ponsse has invested more than €2 million in the construction of a new service centre in Tomsk, West Siberian, Russia. The grand opening of the new service centre took place on 11 November 2021. Large stocks and an efficient logistics system guarantee customers short service times and fast spare parts deliveries. The investment aimed to create[…]

Ponsse Group will be in the future be responsible itself for the sales, spare parts and service business in Chile through its newly established subsidiary Ponsse Chile SpA. To this end, Ponsse and its local retailer F.C. Ventas Y Servicios Limitada (hereinafter “FC Ventas”) have on 5 November 2021 signed an asset purchase agreement related to Ponsse’s forest machine operations, according[…]

The Governor of the State of Pernambuco, Paulo Câmara, Anna-Greta Tsahkna, CEO of Timbeter and José Bertotti, Secretary of Environment of the State of Pernambuco, in participation with the Estonian Minister of Environment, Tõnis Mölder, signed an agreement in Glasgow, on the 8th of November 2021, to start a cooperation project focusing on strengthening legal[…]

Production is now underway at Pyrocell’s plant in Gävle. The new and groundbreaking factory is turning sawdust into bio-oil. Jointly owned by Setra and Preem, Pyrocell was formed in 2018 based on the business concept of producing bio-oil from sawdust. Production at the groundbreaking plant – Sweden’s first pyrolysis oil plant for biofuels – is[…]

The wood industry company Setra invests in a new saw line for small diameter logs at the company’s facility in Skinnskatteberg. The investment provides major efficiency improvements and increased resource utilization. Setra’s board has decided on an investment in a new saw line for small diameter logs at Skinnskatteberg’s sawmill. The investment in the new saw line, including additional[…]

The investment in ClearFlame Engine Technologies is in line with Deere’s strategy to integrate smart and sustainable technology innovations. WATERLOO, Iowa (October 28, 2021) — John Deere has announced it has made an equity investment in ClearFlame Engine Technologies, a growing start-up dedicated to the development of clean engine technology. ClearFlame’s solution enables low-carbon fuels[…]

Komatsu Forest is introducing the Komatsu X164E, a robust head specially developed for efficient eucalyptus harvesting. A high-performance feed system ensures high productivity which, combined with smart solutions for reducing maintenance time and costs, makes the X164E a profitable head. The standout feature is the fact that the conventional chainsaw is replaced by hydraulic shears,[…]

The White Mountain Apache Timber Company (WMATCO) mill in Whiteriver, AZ is investing to update its small log line system. The mill is located within the Fort Apache Reservation, where nearly all the raw timber is sourced. The tribe operates both large log and small log mills. This upgrade for the small log mill will install[…]

West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) (TSX and NYSE: WFG) has announced it has entered into an agreement to acquire the Angelina Forest Products lumber mill located in Lufkin, Texas for approximately $300 million, subject to certain post-closing adjustments.  The transaction is anticipated to close following successful completion of U.S. regulatory reviews and[…]