The acquisition of forest plantation in Uruguay will increase the company's total area by approximately 41.000 ha.

This acquisition further strengthens the Andritz product portfolio in the field of process control and automation systems for pulp and paper mills and other process plants.

The Madison’s Lumber Prices Index for the week ending May 17, 2024 was US$416 mfbm. This is up by +0.2%, or +$1, from the previous week when it was US$416.

Exports of plywood from China grew 10%.

Imports of softwood lumber to China gained 1.1%.

Price for wood chips imported to China slipped 0.7%.

American Laminators provides products to the North American market and has supplied landmark projects.

Price for wood pellets exported from Vietnam to South Korea expanded 7%.

Despite this growth, the current export volumes remain considerably lower than those seen before the January 1, 2022, Russian restrictions on roundwood exports.

Imports of wood pellets to South Korea increased 12%.

Q1 2024 operating margin loss was 14.5% compared to an operating margin loss of 5.5% in the Q1 of last year. Adjusted operating margin loss was 15.2% compared to an adjusted operating margin loss1 of 4.5% in the Q1 2023.

ABB solution to help prioritize crucial operational processes in the bleach plant based on data-driven decisions.

Ence’s consolidated operating result (EBITDA) reached Euro 45 million in the Q1 2024, 78% more than the previous quarter.

Stora Enso will immediately begin the search for Seppo Parvi’s successor.

U.S. housing starts rose 5.7% in April, building permits fall 3%.

Saica already acquired a minority stake in the company in 2001, which allowed LIC Packaging to expand its facilities and to approach the international market.