The listing of Mpact, previously called Mondi Packaging South Africa (MPSA), on the JSE would enable the packaging company to take further advantage of growth opportunities, CEO Bruce Strong said on Monday.
Final report of the EUTR Support Study available now
The final report of the “Support study for development of the non-legislative acts provided for in the Regulation of the European Parliament and of the Council laying down the obligations of operators who place timber and timber products on the market” (referred often as EUTR Support Study) is av
European Commission approve deal between UPM and Myllykoski
The European Commission has approved the deal in which the Finnish forestry company UPM buys competitor Myllykoski writes YLE. It was in December, UPM announced the deal, but the Commission was concerned that it would push up the price of newsprint.
Global Forest and Paper Industry Net Earnings Summary
PwC release the Net Earnings Summary Q1 2011. The quarterly report is prepared by PwC from financial statements issued by the companies. The summary identifies trends in performance by comparing financial results with previous periods.
Key highlights include: Canada: Most Canadian forest and paper companies posted higher earnings for the first quarter of 2011 compared to the same period in 2010 despite continued weakness in North American demand, and volatility in the US housing market.
Wood costs for pulp manufacturers worldwide are on the rise
Wood costs, which account for up 70 percent of production costs when manufacturing pulp, have gone up worldwide the past two years, according to the market report Wood Resource Quarterly. The Global Wood Fiber Price Indices were back to pre-financial crises levels in the 1Q/11.
Government of Canada Launches Call for Proposals for Forest Industry Transformation Funding
OTTAWA, Canada -- The Government of Canada today officially launched the second and last Call for Proposals under the Investments in Forest Industry Transformation (IFIT) program. The IFIT program aims to support Canada's forest sector in becoming more economically competitive and environmentally sustainable through targeted investments in advanced technologies.