Finland’s Metsa starts new 1.2 billion EUR bioproduct mill

Finland’s Metsa starts new 1.2 billion EUR bioproduct mill

Posted by on Aug 23, 2017 in mill news, pulp and paper |

Metsä Group’s next-generation bioproducts mill in Äänekoski came into operation as planned on Tuesday, 15 August 2017. Pulp deliveries from the new mill to customers will begin in early September 2017. The construction project was carried out as planned, in accordance with its schedule and its EUR 1.2 billion budget.

The Softwood Imports to U.S. from Europe flourish thanks to U.S. Duties on Canadian Industry

The Softwood Imports to U.S. from Europe flourish thanks to U.S. Duties on Canadian Industry

Posted by on Aug 22, 2017 in wood construction, wood market, wood trade |

U.S. imports of softwood from Germany have grown tenfold in the first half of the year as punishing duties pushed imports of Canadian softwood down.

30% of Norway’s aviation fuel from forestry residues and pulpwood by 2030 possible only with governmental support

30% of Norway’s aviation fuel from forestry residues and pulpwood by 2030 possible only with governmental support

Posted by on Aug 21, 2017 in bioenergy, biofuel, biomass, pulp and paper |

Research commissioned by Norwegian airports operator Avinor has concluded that 30% of Norway’s aviation fuel could be produced from forestry waste and pulpwood by 2030, but this depends on available funding.

Why interest rates differ in timberland investments?

Why interest rates differ in timberland investments?

Posted by on Aug 16, 2017 in forest business |

Like in every business, financial analysis is the core of timberland investments. If it is properly done, it can reduce the level of risk in our forestry investment portfolio. This post describes why interest rates differ in timberland investments, and why investors should be careful in their decisions. 

Anhui Shanying Paper acquires Nordic Paper

Anhui Shanying Paper acquires Nordic Paper

Posted by on Aug 2, 2017 in pulp and paper |

A China-based pulp and paper company, Anhui Shanying Paper Industry Co., LTD (“Anhui Shanying Paper”), has entered into an agreement to acquire 100 % of the shares in Nordic Paper Holding AB from Special Situation Venture Partner lll and Petek GmbH.

Södra Wood increases profits

Södra Wood increases profits

Posted by on Jul 25, 2017 in mill news, wood market |

Timber division of Swedish company Södra recorded a sharp profits jump in the second quarter to 50m SEK (Swedish Krone) compared to a year ago.

NZ exports to China grow +12% but prices seem toppy.

NZ exports to China grow +12% but prices seem toppy.

Posted by on Jul 21, 2017 in wood market |

The domestic NZ demand for both pruned and structural logs remains strong and supply ranges from balanced to tight around the country. Due to the drop in export prices the PF Olsen Log Price Index for July has dropped one dollar from the June figure and is now at $125. The average sale price is $14 […]

ExxonMobil signs biofuels pact

ExxonMobil signs biofuels pact

Posted by on Jul 18, 2017 in bioenergy |

Energy giant ExxonMobil is working with an American university to speed up the process of producing biofuels.

UPM continues developing Pulp Business by investing in efficiency and competitiveness of the Kaukas pulp mill

UPM continues developing Pulp Business by investing in efficiency and competitiveness of the Kaukas pulp mill

Posted by on Jul 17, 2017 in mill news, pulp and paper |

UPM will further improve the efficiency and competitiveness of the Kaukas pulp mill in Lappeenranta, Finland, by upgrading the mill’s production process with a EUR 30 million investment.

Portugal to build 15 MW biomass plant by 2019

Portugal to build 15 MW biomass plant by 2019

Posted by on Jul 14, 2017 in bioenergy, biomass |

The Portuguese municipality of Viseu has signed a memorandum of understanding (MoU) for the development of a 15-MW forest biomass plant.