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EU examines UPM's acquisition of competitors

March 4, 2011 by timbercommunity

The European Commission launched on Friday a detailed examination of UPM-Kymmene's acquisition of the Finnish company Myllykoski and German company Rhein Papier. EU regulatory process of UPM's Myllykoski transaction proceeds into the second phase.The Competition Directorate-General of the EU Commission has completed the first phase of the regulatory investigation into UPM's acquisition of Myllykoski and Rhein Papier. In line with the parties' expectations, the Commission has announced today that the investigation will proceed into the second phase.

 

Scandinavian paper companies plan price rises

December 23, 2010 by timbercommunity

German Handelsblatt.com reported that Scandinavian paper companies plan to increase the price of newsprint around 20 percent, according to Bloomberg News. In the article they write that the industry has been suffering for years from overcapacity and the media industry does not understand higher paper prices.

Sawlog costs in Europe have gone up more than lumber prices the past year, reports the WRQ. With lower lumber production in the coming months, prices for sawlogs are likely to drop from their two–year highs.

December 15, 2010 by timber09

Seattle, USA. Over the past year, the sawmilling sector in Europe has shifted from high production levels and the highest lumber prices in four years, to weakening lumber demand and reduced prices for many lumber grades during this fall.

The prices of paper products in Germany has been increased

December 12, 2010 by timbercommunity

The price of paper in Germany has been increased gradually for most of paper types reports Swedish industry branch organization Swedish Forest Industry, in its December report. According to the organization the increased prices is a result of increased demand and better market balance after businesses have closed down and cut back on production. Although higher commodity prices have contributed to higher prices.

Stora Enso to invest EUR 30 million in Sachsen Mill

December 2, 2010 by timbercommunity

Stora Enso is investing EUR 30 million in its newsprint machine at Sachsen Mill in Germany according to a pressrelease. This project to improve paper quality is scheduled to be completed  by the end of the second quarter of 2012.                                      

CO2 emissions from deforestation have slowed up by 27 %

November 29, 2010 by timbercommunity

Researchers learned that CO2 emissions from deforestation have slowed by 27% since 2000 compared to the 1990s. This is primarly because the rate at which tropical rainforests in countries like Indonesia and Brazil are being  cut down has slowed down; and strategies to encourage tree planting in Europe and Asia have helped provide a carbon sink so called because trees absorb CO2.

The cost for wood fiber accounts for almost 60 percent of the total production costs when manufacturing pulp. Both softwood and hardwood wood fiber price indices, SFPI and HFPI, have increased about six percent over the past year, according to the WRQ

November 27, 2010 by timber09

After a temporary drop in the 2Q, the Softwood Wood Fiber Price Index (SFPI) increased again in the 3Q to the highest level seen during the financial crises, according the Wood Resource Quarterly. The SFPI was US$99.80/odmt in the 3Q, up $1.51/odmt from the previous quarter and $6.68/odmt from the same quarter in 2009. Prices did not go up only because of a weakening US dollar against most other currencies, but also because prices in the local currencies were up in Europe, Western US and Western Canada.

Strong earnings for Bergs Timber AB

June 29, 2010 by timbercommunity

Rising prices of sawn timber has made that Bergs Timber AB has turned loss into profit according to the interimreport September 1, 2009 - 31 May 2010.  Improved earnings compared to the same period last year mainly due to improved selling prices for lumber and increased circulation of products. Negative factors were increased raw material costs and lower production and offloading earnings. 
So far in 2010 according to statistics forest industries increased production of sawn timber in Sweden by 6 percent and in Finland by 27 percent compared to same period last year. Reports of increased production will also be from other major producing countries such as Germany and Austria. Stocks, however, remain comparatively low but is approaching normal levels. 

Stora Enso signs EUR 165 million loan agreement

May 7, 2010 by timbercommunity

Stora Enso has signed an agreement with the European Investment Bank (EIB) for a EUR 165 million loan to be used for research and development. The loan agreement is part of the commitment by EIB to lend altogether EUR 230 million to Stora Enso, including the EUR 65 million loan announced on 10 February 2010.  
       

Optimizing building components

March 13, 2010 by timbercommunity

Thermal properties of a building component  is an emerging concept in the construction industry and more and more designs should be moisture-proof. Moisture is complicated to calculate and therefore it is easier to use a calculation program which aids. Wufi is such moisture calculation software.