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Stora Enso invests in ACDF Industrie SAS and becomes a 35% shareholder of the French wood processing company. The investment is in line with Stora Enso’s growth strategy for mass timber building elements, enabling value-added, bespoke CLT (cross-laminated timber) solutions to its long-term French partners. ACDF Industrie SAS works with all engineered wood products like CLT, Glulam and LVL (laminated veneer lumber) and manufactures them into various value-added products such as Read more...

The sawn timber production of the wood products company Koskisen's new processing unit started as planned at the beginning of July. Production of the new unit will be ramped up gradually during the second half of the year, and full operating capacity will be reached in early 2024. The new unit will significantly improve the productivity of the Sawn Timber Industry starting next year. "The new production line will increase sawmilling productivity by up to 40 per cent and ena Read more...

The "Global Wood Pulp Market Report and Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering. According to the report, the global wood pulp market attained a value of USD 162.27 billion in 2022. Aided by the increasing demand for sustainable packaging solutions and the rising consumption of paper-based products, the market is projected to further grow at a CAGR of 2.7% between 2023 and 2028 to reach a value of USD 190.41 billion by 2028. Read more...