SCA's results for the first quarter 2012 was weaker than expected The share for SCA B fell 7.73 percent to 105 Swedish crowns today at the Stockholm Stock Exchange.
Operating profit, excluding items affecting comparability, rose 4% Net sales increased by 1% (4% excl exchange rate effects and divestments) to SEK 19,490m (19,231). Operating profit excl items affecting comparability rose 4% (7% excl divestments) to SEK 1,834m (1,767). Earnings per share amounted to SEK 1.73 (1.89). Cash flow from current operations was SEK 1,301m (446).
NASF Washington writes in the latest newsletter that the Forest Service recently unveiled ForWarn, a satellite-based monitoring and assessment tool that helps natural resource managers rapidly detect, identify and respond to unexpected changes in the nation's forests by using web-based tools.
It is now possible to invest in Timbercommunity throgh the online currency at Empire Avenue. Empire Avenue is a new digital service for social media also called the social market stock market.
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Stora Enso will record non-recurring items (NRI) with a negative impact of approximately EUR 25 million on operating profit and a positive impact of approximately EUR 14 million on financial items in its first quarter 2012 results. The NRI will have a positive tax impact of EUR 5 million and a negative future cash impact of EUR 23 million.
The NRI are:
NRI with approximately EUR 14 million positive impact on financial items due to reversal of a provision relating to the NewPage Stevens Point Mill paper machine lease Stora Enso recorded in the third quarter of 2011.
Wood pellet exports from the US and Canada to Europe reached arecord high in the 4Q/11 thanks to increased demand in the United Kingdom, reports the North American Wood FiberReview
Exports of woodpellets from North America to Europe reached a record of over two million tonsin 2011, according to analysis reported in the North American Wood FiberReview (www.woodprices.com). Canada has long been the main exporter of pellets but in the secondhalf of 2011, the US caught up and exported an equal volume to Canada.
Swedish forestry company Södra raises the price of bleached softwood sulphate pulp (NBSK). The new price is $ 870 per tonne and will apply from 1 April 2012.
The magazine Economist have an article about how to use lignin and waste from paper mills as alternative energi. Paper is made mainly of cellulose, the other component of wood, so the effluent from paper mills, known as black or brown liquor, is mainly water and lignin.
Norske Skog has agreed to sell Norske Skog Bio Bio in Chile to Group BO, a consortium of Chilean investors, for USD 56 million. Group BO plans to continue producing newsprint at the mill.
- The divestment is a part of our strategy to improve Norske Skog's cash flow and financial position. We are very pleased to be able to sell the Chilean operations to an industrial player with long-term plans for the mill, says Sven Ombudstvedt, president and CEO of Norske Skog.
Wood chip exports from Australia fell in 2011 to their lowest level in 11 years and Vietnam took over as world’s largest chip exporter, reports the Wood Resource Quarterly Vietnam has taken over Australia as the world’s largest supplier of wood chips to pulp mills in Asia. In 2011, Vietnam exported 5.4 million tons, triple that in 2007, as reported in the Wood Resource Quarterly. The good news for wood chip exporters in both Vietnam and Australia has been the steady increase in demand for hardwood chips from China.
Future advancements in biorefinery are a focus of attention for most companies in the pulp and paper industry today. Those are the themes of the World Biorefinery conference. What should they invest in, what are the technological solutions, and what is of most economic interest? “This is an important development area for the entire forest industry,” comments Rikard Wallin, the chairman of SPCI and Mill Manager of Holmen Paper Braviken. “In our own company we’re now considering what steps to take in this field.”
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