UPM Fibres business area begins consultations with employee representatives at the Kaukas pulp mill, sawmill and wood reception to prepare for possible temporary production adjustment to address the market situation. As the raw material streams of the Kaukas pulp mill and sawmill are closely linked, also the sawmill prepares to adjust production. UPM Fibres prepares […]
Tag Archives: sawmill
09
Apr
Apr
Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint […]
08
Mar
Mar
Conifex Timber Inc. will be temporarily curtailing its Mackenzie, British Columbia (BC) sawmill commencing February 21, 2023 for up to two weeks. Unsustainable inventory levels due to rail transportation challenges impacting the interior BC region have necessitated this step. Conifex will closely monitor its inventory levels and evolving transportation availability over this period as the rail network […]
28
Jan
Jan
HS Timber Group GmbH announces the sale of PelletsOne GmbH to RWA Raiffeisen Ware Austria AG. The closing for the purchase was completed on 20 January, 2023 following approval by the relevant competition authority. The parties agreed not to disclose the contractual details. PelletsOne is a direct sales company for pellets in Austria, based in Wiener […]
24
Dec
Dec
Sawmills in Europe and North America enjoyed record profits during the first half of 2021, but fell in the 3Q when lumber prices plunged Sawmill profits in North America and Europe continued to rise in the spring and early summer of 2021, surging to all-time highs on both continents. With lumber prices reaching unprecedented levels […]
23
Oct
Oct
Mercer International Inc. is in the planning stages of a new investment project in Saxony-Anhalt, Germany. Under the umbrella of Mercer Timber Products, which currently operates one of Germany’s largest sawmills out of the Thuringia region, there are plans to build another sawmill in Arneburg located near the Mercer Stendal (MS) pulp mill, one of […]
08
Oct
Oct
Canfor is announcing its positive final investment decision in support of the construction of the first phase of Arbios Biotech’s (Arbios) innovative biomass to low carbon biofuel plant in Prince George, British Columbia. The plant will use first-of-a-kind technology to convert sawmill residues, primarily bark, into high value renewable biocrude which can be further processed […]
10
Sep
Sep
Microtec, global leader of scanning and optimization solutions for the sawmilling and wood processing industry, this May announced the official integration and inclusion of FinScan and WoodEye within the Microtec family. From then on, the two companies situated in Finland and Sweden are working under the common corporate brand of Microtec, reflecting the merge and […]
19
Jun
Jun
Resolute Forest Products recently announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter. “The cash generated with our lumber platform in these […]
04
Jun
Jun
Interfor recently announced that it has reached an agreement with Georgia-Pacific Wood Products LLC and GP Wood Products LLC to acquire four of its sawmill operations located in Bay Springs, MS, Fayette, AL, DeQuincy, LA and Philomath, OR, in the US. The total purchase price of US$375 MM, which includes working capital, will be funded […]
- 1
- 2