Sylvamo would keep a right to 20% of the business's future distributions, while third-quarter adjusted EBITDA fell 19% to $128 million.
Wood Industry News from France
This page covers 1,123 news items about France. Latest topics: Sylvamo to sell European paper business to Midas Atlantic; Canada's wood pellet exports grow 6% in third quarter; U.S. wood pellet exports grow 6% in third quarter.
The United Kingdom stayed the largest buyer as its share rose 11 pp, France's purchases grew more than twofold and Japan's fell 42%
The United Kingdom stayed the largest buyer as its share slipped 4.2 pp; Italy's purchases grew 730-fold while Denmark's fell 33.8%.
The site makes solid-wood interior products for DIY retailers, with Leroy Merlin previously accounting for 92% of its production.
Burned maritime pine could enter pallet, paper, plywood and fuel markets once forest access resumes.
The project will develop and pilot tools for recycled material uptake, reuse and take-back models, integration of agricultural residues and improved traceability across eight European countries.
The primary woodworking machinery sector has been hit harder by the downturn than the secondary segment that supplies machinery for further processing.
Project replaces cast-iron Yankee dryer with new-generation steel unit to reduce energy use.
France-first industrial installation replaces part of gas demand with low-carbon electricity since commercial start.
Company commits to modernization and decarbonisation across 50 sites as past five-year spending exceeds Euro 500 million.
The first compact store opened in Limoges at 3,000 m² and a second will open in Le Mans; the format offers more than a quarter of the IKEA range for immediate pick-up and will be located mainly in retail parks.