The seven-year facility will provide liquidity as the lumber producer plans to restore two-shift operations.
Production capacity
Six-colour offset press added in Indianapolis; upgrades planned in Chicago and Naperville.
Thunder Bay Pulp and Paper plans boiler and chemical-plant upgrades expected to raise daily kraft production by 11% and increase its use of forest biomass.
The Ashland Sawmill project is expected to create and retain the equivalent of 220 permanent full-time jobs.
Production centralises to Oulu, Oulainen, and Kalajoki sawmills as log costs pressure profitability.
The Estonian mill will add and modernize veneer and plywood production lines, with start-up scheduled from autumn 2027.
The new facility at Kočevska Reka will process beech timber in batches ranging from six to 15 metres.
The mill will start at 80 million board feet annually and reach 108 million board feet at full capacity.
NPCE subsidiary in Hungary faced EV market slowdown and intensifying global competition.
The project will add prefabricated floors, roof panels and stairs to the company’s existing wall systems.
The planned closure will remove about 110 thousand m3 of annual lumber production.
The mill, formerly operated by Domtar, was idled in 2024 after the company announced plans to close the facility.
The greenfield facility combines continuous pressing, in-house chipping, cut-to-size processing and an AI-based closed-loop solution.
Projects in Chapleau and other northern communities will modernize mills, expand biomass use and maintain bioenergy operations.
The site makes solid-wood interior products for DIY retailers, with Leroy Merlin previously accounting for 92% of its production.
The Swedish company described current business conditions as the worst in 30 years.
The company attributed the insolvency to delays at a new production facility and plans to seek an investor while reducing operations to one shift.
The new system will connect flue gas condensation with Helsinki’s district heating and cooling networks.
Line scheduled for 2028 startup with capacity exceeding 100 million products annually.
The new company is planned to take over UPM’s plywood business after the October demerger and is expected to begin trading in November.