EIB Supports the Upgrading of Pulp and Paper Production in Russia
The European Investment Bank (EIB) is lending EUR 100 million to finance the modernisation and expansion of an integrated pulp and paper mill in Syktyvkar in the Russian Federation. This is the first EIB loan provided by the Bank under the Eastern Partners Facility (EPF).
Lenzing AG, the world leader in industrially produced cellulose fibers and the German company smartfiber AG / Rudolstadt expanding their cooperation. Lenzing is the future of smart fiber lyocell special fibers developed smartcel SeaCell ® ™ and produce exclusively for the smartfiber AG Lenzing / Austria.
The Australian Customs and Border Protection Service has launched anti-dumping procedures against softwood lumber imports from Germany, Austria, the Czech Republic, Estonia, Latvia, Sweden, Canada, and the USA.
New Zealand’s sawn timber exports to China have been ‘hammered’, while raw log shipments surged in the wake of Beijing’s efforts to cool the economy and amid increased sales by rival forestry nations such as Canada, according to an industry lobby group.Lumber exports fell 16 percent to $264 milli
Wood First commitments in 40 local governments in B.C.
British Columbia’s Wood Enterprise Coalition (WEC) today congratulated Regional District of Kootenay Boundary on the passage of its new Wood First Resolution in support of the province’s Wood First Act – making it the 40th local government in BC to pass a Wood Fi
Global hardwood pulp producers face higher wood fiber costs and lower pulp prices, reports the Wood Resource Quarterly. Profit margins are being squeezed for many hardwood pulp producers worldwide with higher wood fiber costs and lower product prices.
SCA acquire Georgia-Pacific´s European tissue operations
SCA delivers binding offer to acquire Georgia-Pacific´s European tissue operations SCA has delivered a binding offer to acquire Georgia-Pacific´s European tissue operations, with sales in 2010 amounting to EUR 1.25bn (SEK 11.9bn). The offered price is EUR 1.32bn (SEK 12.6bn).