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VANCOUVER, British Columbia, Nov. 27, 2019 (GLOBE NEWSWIRE) -- The forest industry is a key economic sector in British Columbia (BC), providing 32% ($14.1 billion) of B.C.’s total exports and close to $1 billion in revenue to the provincial government in 2017. The sector is also the primary employer in many parts of the Province and forestry related activities directly s Read more...

The electricity cost for Lessebo Paper has unprecedently increased from €3 million to €19 million per year. The drastically increased electricity price is forcing Lessebo Paper to halt production as of today Wednesday, August 31. A decision for production will henceforth be taken daily depending on the electricity price. The spot price for electricity in south of Sweden, has significantly increased for the past months. Today Wednesday, August 31, the electricity price is a Read more...

Valmet supplies a Valmet IntelliTissue 1600 tissue making line to Chinese tissue producer C&S. The new line will be installed at the company’s mill in Tangshan, China. The start-up is scheduled for the first quarter of 2022. The order was included in Valmet’s orders received of the first quarter 2021. The value of the order will not be disclosed. However, a project of this size and scope is typically valued at around EUR 5-10 million. Valmet IntelliTissue m Read more...