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Stora Enso has appointed a new organisation for Wood Supply Europe. The Group's wood supply operations have been divided into five geographical Business Areas: Baltic, Continental Europe, Finland, Russia and Sweden. The steering and business planning of the fibre and sawlog flows are managed at European level. Support functions will be organised later on.
Klas Ivert has been appointed Senior Vi... [Daha fazla…...]
The time has come for the U.S. lumber industry to drop its lengthy trade dispute with Canada in the face of yet another legal blow from the World Trade Organization (WTO) and eroding market share at the hands of European lumber producers.
"This WTO ruling confirms that the U.S. claims of subsidy are groundless and illegal," said John Allan, president of the BC Lumber Trade Council. "The U.S. prod... [Daha fazla…...]
The results from a study on future wood availability were presented today in Geneva by the Confederation of European Paper Industries (CEPI), in light of the United Nations Forum on Forests. The study’s results point to a need for strong partnerships and an increased awareness to safeguard the European forest cluster, thereby enhancing the pulp and paper industry’s contribution to global welfare a... [Daha fazla…...]
The competition authorities have accepted the earlier announced deal, whereby UPM-Kymmene buys Stora Enso Timber AS' holding in the Estonian plywood mill AS FSS Plywood. After the transaction, AS FSS Plywood will be wholly owned by UPM-Kymmene. At the same time, UPM-Kymmene sells its holding in Estonian wood procurement company AS Forestex to Stora Enso Timber AS. After the deal, AS Forestex will... [Daha fazla…...]
Domtar Inc. announced it will temporarily cease operations at its White River Sawmill on June 23, 2003.
"Despite good housing starts, an oversupply in the North American market and U.S. duties on softwood lumber exports have created difficult market conditions: notably very low prices. In this context, our White River operations are unprofitable. We have therefore decided to close our sawmill for... [Daha fazla…...]
UPM-Kymmene Wood Products Industry will incorporate its subsidiaries Schauman Wood Oy and United Sawmills Ltd in a new company, UPM-Kymmene Wood Oy.
Besides improving the efficiency of operations, the reorganisation will clarify the naming policy of existing UPM-Kymmene Wood Products Industry companies. It will also strengthen the manufacturing of wood products as one of UPM-Kymmene’s core busin... [Daha fazla…...]
According to the latest statistics, China's imports of timber continued to climb in the first quarter of 2003. The volume of plywood and veneer imports increased sharply growing 60.7% and 49.2% respectively compared to 2002.
The volume of imported hardwood logs increased around 30% while the volume of imported coniferous logs tended to remain at about the same rate as the first quarter 2002.... [Daha fazla…...]
IWF 2004 will be about more than just woodworking as customers from a variety of industries come to the Georgia World Congress Center in Atlanta to see and explore the very latest technology available. “Many companies that don’t consider themselves in the ‘woodworking’ business come to IWF for machinery, tooling, hardware, supplies and services,” commented David Rothwell, IWF 2004 Chairman and Exe... [Daha fazla…...]
Uniforêt Inc. reports a gain of $2.4 million ($0.03 per share) for its first quarter ended March 31, 2003, which compares to a net loss of $0.04 million ($0.01 per share) for the corresponding period in 2002.
The financial statements for the first quarter of 2003 include a pretax gain on exchange of $12.2 million relative to the conversion of foreign currencies on long-term liabilities denominate... [Daha fazla…...]
Weyerhaeuser announced that three softwood lumber sawmills in Canada and one in western Washington will take periods of downtime due to poor market conditions.
The downtime, which will take 60 million to 70 million board feet out of Weyerhaeuser's system, is scheduled to begin in May and June. Mills affected by today's announcement are sawmills in Grande Cache, Alta.; Carrot River, Sask.; Chaplea... [Daha fazla…...]