Press Releases

Today, organizations and experts committed to growing agroforestry as a sustainable farming practice in the US came together to release a set of recommendations for policymakers in a new paper, Catalyzing Agroforestry in the Farm Bill: Recommendations for Resilient Agriculture. Coalition leaders say agroforestry systems, which integrate trees and other perennial crops into farms and ranches, have immense potential to transform US agriculture – boosting farm economies, biodiversity, and

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According to the newest market reports from Sandhills Global, supply increases throughout 2023 for used heavy-duty trucks, semitrailers, tractors, construction equipment, and lifts in Sandhills marketplaces have not been accompanied by corresponding increases in demand. This has led to a decline in asset values in most equipment, truck, and trailer categories. "The trend we're tracking across all three industries—trucks, farm equipment, and construction equipment&mdas

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Sappi Limited, a leading producer of dissolving pulp sold under the brand name Verve, continues to reach new milestones by completing the Higg Facility Environmental Management (FEM) verification audit at its Cloquet mill. Based in Northern Minnesota, USA, the mill is one of the leading dissolving pulp facilities to complete this external verification process. A final score of 91.5% was achieved which reinforces and demonstrates the sound environmental practices employed by the mill. Supporti

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Clearwater Paper Corporation a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the third quarter and nine months ended September 30, 2023. THIRD QUARTER HIGHLIGHTS Outstanding performance driven by strong operational results and continued market strength in tissue Net sales of $520 million, down 3% from the third quarter of last year Net income of $37 million, or $2.17

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The U.S. International Trade Commission voted unanimously that imports into the United States of paper file folders from China, India, and Vietnam are injuring domestic file folder manufacturers. This vote follows on the determinations published earlier in October by the U.S. Department of Commerce that imports of paper file folders from China, India, and Vietnam are being sold at less than fair value (commonly termed "dumping") and that imports from India are receiving countervaila

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Lumber trade has become more global over the past few decades with an increased flow of wood products from forest-rich countries to regions lacking domestic forests to supply the local markets. One good example is Sweden, where lumber manufacturers in recent years have expanded their sales far outside the markets they supplied in the past. Fifteen years ago, almost 80% of the country’s lumber export volume was shipped to markets in Europe. That share has declined to about 55% in the pas

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Wood fiber insulation board manufacturer GUTEX has successfully produced first fibers with its new ANDRITZ fiber preparation system in Eschbach, Germany. This is the second system ANDRITZ has delivered to GUTEX. Oliver Bauch, Plant Manager, GUTEX, says: “The new line will perfectly support the environmentally friendly production approach for our ecological insulation board products. Thanks to the excellent cooperation and the great effort of the whole ANDRITZ team we were able

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Metsa Board, part of Metsa Group, will initiate change negotiations on possible temporary layoffs for its paperboard and BCTMP mills in Finland. The negotiations involve a total of approximately 1,100 employees at the Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele and Äänekoski mills. The possible layoffs would last a maximum of 90 days and could be implemented in several instalments during 2024. The change negotiations will start in week 45 and are estimated t

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Suzano, the world's largest producer of market pulp, announces on October 26th a series of projects aimed at expanding its installed production capacity and which will enhance its operational efficiency. It will invest R$650 million in the construction of a tissue paper mill in Espírito Santo, where it will also invest R$520 million to replace a biomass boiler. The company will also invest R$490 million to expand the supply of fluff pulp in São Paulo. The total inv

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West Fraser Timber Co. Ltd.reported today the third quarter results of 2023 ("Q3-23"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Third Quarter Highlights Sales of $1.705 billion and earnings of $159 million, or $1.81 per diluted share Adjusted EBITDA1 of $325 million, representing 19% of sales Lumber segment Adjusted EBITDA1 of $44 million, including $62 million of

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