Total forest, paper and packaging (FPP) deal values increased to $27.6 billion in 2007, up $1.9bn on 2006, according to PricewaterhouseCoopers’ Branching Out report. Deal values were well up in the first quarter of 2008 reaching $11.8bn, although the outlook for the rest of this year is more uncertain. North America’s share of deal activity[…]
Tembec has started up a new biomass boiler at the pulp mill in Tartas, France. This €33.8 million investment will supply 85 t/h of steam to the pulp mill which produces 155,000 t of specialty cellulose pulp annually. The fluidised bed boiler will burn biomass from the industrial process, bark and other harvested wood residuals[…]
UPM has launched carbon footprint calculations for its paper products to assist its customers to estimate their own carbon footprint. Carbon footprint calculations are available for the customers as part of the Paper Profile. The basis for UPM’s carbon footprint calculations are the ten elements of the Carbon Footprint Framework for Paper and Board Products[…]
The predicted slowdown in output in the Finnish wood products industry is uppon us because of falling demand for sawn goods and an excess supply of such goods in Europe in particular, according to TTJ, a timber industry magazine. The strength of the euro has also played a part. The situation has been exacerbated by[…]
A team of scientists may have solved the riddle of why plants that work with bacteria to convert atmospheric nitrogen gas into an essential biological nutrient (ammonia) tend to prevail in the world’s tropical regions rather than higher latitudes. In a paper published this week in Nature, the authors – including Dr Ying Ping Wang[…]
Deere & Company plans to further reduce its total global greenhouse gas emissions by 25% per dollar of revenue from 2005 to 2014. The company has committed to the reduction goal in conjunction with its participation in the US Environmental Protection Agency’s Climate Leaders program, which Deere joined in 2007. “John Deere’s greenhouse gas reduction[…]
The Finnish Forest Industries Federation and the Finnish Paper Workers’ Union have concluded a new collective agreement covering workers in the paper industry for the period 1 June 2008 – 31 March 2010. Wages will rise by about 4% at the annual level, the pay system will be reformed and workers’ job security will be[…]
Pöyry has been commissioned to provide engineering services for the rebuild of Mondi’s Syktyvkar pulp mill in Russia worth E10 million. The services incorporate detail engineering for mechanical, electrical and instrumentation disciplines extended over the whole pulp mill. The work will be performed by Pöyry’s Finnish and Russian experts. Mondi Syktyvkar is in the process[…]
UPM estimates the result for its sawn timber business will be weaker than forecast in the second quarter of 2008. Also the full year profitability outlook for the sawn timber business within the Wood Products Division is expected to further weaken markedly. UPM will start employee negotiations for the possible closure of Leivonmäki sawmill in[…]
Carter Holt Harvey has begun a process to purchase the timber manufacturing operations and timber distribution business of the Weyerhaeuser Australia Group. This includes the interest in Green Triangle Forest Products held by a fund advised by Global Forest Partners. The offer includes: Pine Solutions Australia GreenTriangle Forest Products Manufacturing Weyerhaeuser Company Weyerhaeuser is also[…]