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Isola Castle Ltd, a company indirectly wholly owned by Asia Pacific Resources International Limited (APRIL), has announced that it will make a pre-conditional public offer to the shareholders of Vinda International Holdings Limited to acquire 100% of the shares in Vinda for a price per share of HKD 23.50 ($3.01).... [more...]
Andritz has received an order from Dezhou Taiding New Material Science and Technology Co., Ltd., China, to supply a second chemi-thermomechanical (P-RC APMP) fiber line for the plant in Pingyuan County... [more...]
According to the Natural Resources Institute (Luke), in September 2023 the value of the country's forest industry exports was €0.95 billion. On an annual basis, the figure decreased by 19%. The volume of wood imports amounted to 0.26 million m³.... [more...]
Metsä Group’s Kemi bioproduct mill is ramping up towards full capacity production and pulp deliveries to customers have started. It is planned to take approximately one year to reach full production capacity at the mill.... [more...]
UPM Pulp, UPM Timber, UPM Communication Papers and UPM Biofuels will start change negotiations on possible temporary layoffs. The negotiations are conducted to prepare for possible temporary adjustment of production in the Finnish units should the uncertainty in the operating environment continue.... [more...]
Metsä Board has completed the expansion of folding boxboard production capacity at the Husum integrated pulp and paperboard mill in Sweden. ... [more...]
Due to uncompetitive wood prices from the Polish State Forests’ monopoly and low market demand across paper and board products, the company decided to significantly reduce the planned multiannual strategic investment project at MM Kwidzyn... [more...]
The most significant decline has been for hardwood pulp, traded at a substantial discount to softwood pulp. Global pulp inventories were down during the summer, and there were signs that the market tightened... [more...]