Rayonier Inc. recently announced that the company has entered into two separate agreements to acquire approximately 172,400 acres of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana for an aggregate purchase price of approximately $474 million from Manulife Investment Management, a leading timberland investment manager. The Acquisitions comprise well-stocked and highly productive timberlands […]
Tag Archives: timber plantation
Segezha Group, one of Russia’s largest timber holdings, may conduct an IPO already in the short-term. As a result of IPO, the main owner of Segezha Group, the Russian financial conglomerate AFK Sistema, plans to raise up to US$500 million, that will be used for the further development of the company, particularly some of large-scale […]
South Africa’s paper recovery rate is 68.5% with 1.2 million tonnes of recyclable paper products diverted from landfills during 2019, according to Anele Sololo, general manager of RecyclePaperZA, the paper recycling Association of South Africa. “Although the paper recovery rate was slightly down in 2018, the same tonnage was diverted from landfill at 1.2 million […]