SCA has confirmed a new harvesting plan which shows that the harvesting level in it’s own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased harvesting level gives an increased cash flow of 300-400 MSEK per year with full effect[…]
Canfor Corporation (TSX:CFP) announced today that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital. “We are excited that Vida’s strong performance and balance sheet has enabled them to grow their operating footprint in[…]
SCA has confirmed a new harvesting plan which shows that the harvesting level in their own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased harvesting level gives an increased cash flow of 300-400 MSEK per year with full effect[…]
Effective July 2, the Brandt Group of Companies successfully acquired the assets of Ontario-based Sokkia Canada in a deal with owner Topcon Positioning Systems. The acquisition, which directly affects the Ontario and Quebec markets, makes Brandt the exclusive dealer for Sokkia optical survey instruments, accessories and parts for the Canadian market. The news signals Brandt’s entry into[…]
Segezha Group, one of the leading Russian wood processing company, intends to build new CLT plant in Arkhangelsk region, said Mikhail Shamolin, president of Segezha, at the meeting with Arkhangelsk governor. Segezha expects a CLT plant to be operational by 2023 with capacity of 50 thousand m3. Company plans to spend $25.5 million (1.8 billion[…]
• It’s estimated more than 50,000 hectares of pine plantation in southern NSW was lost in the Black Summer bushfires • Tumbarumba’s Hyne Timber mill has lost 40 per cent of its future plantation wood supply • The timber industry is seeking federal freight subsidies to haul logs from other regions to sustain local mills When[…]
Smurfit Kappa has unveiled a new, state-of-the-art solar panel system in its Colombian Forestry operation. The Solar One photovoltaic system, which was developed with renewable energy provider Celsia, will generate 50% of the energy needs of the nursery and the entomology and plant pathology laboratories. The 168 panels that comprise the system will generate an[…]
The Bavarian Ministry of Economic Affairs has announced further steps to open up the economy: as of September 1, trade fairs can also be held again in Bavaria. This is the starting signal for the GrindTec 2020. Augsburg – „The course has been set for the GrindTec 2020,” said Henning and Thilo Könicke, the Managing Directors[…]
PONSSE Manager 1.7 released! PONSSE Manager 1.7 presents forwarder production reporting, a function highly requested by customers, alongside the system’s other top features. As a new feature, PONSSE Manager displays the progress of work areas in a separate graph, showing harvester production and forwarder production relative to the total estimated volume of the work area[…]
Vermeer is enhancing its stump cutter product line with the introduction of the patent-pending Vermeer cutting system (VCS). The VCS incorporates a new tooth design that helps reduce pocket rotation and a cutter wheel that reduces material from recirculating during operation. The VCS is available now on select new Vermeer stump cutters and will soon[…]