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Resolute Forest Products Inc. reported net income for the 2Q ended June 30, 2014, excluding special items, of C$19 million up from net income, excluding special items, of C$18 million in the 2Q 2013. Resolute's sales were C$1.1 billion in the quarter, down...... [more...]
A positive development of all key figures, a slight increase in turnover, and an EBITDA of 312 million Euros in the 2013/14 (30 April) financial year were presented by the EGGER Group Management on 31 July 2014 during the annual press conference at the headquarters in St. Johann in Tirol...... [more...]
Zilkha Biomass Energy is building a facility in Monticello, Arkansas, to manufacture their Zilkha Black® Pellet, the first commercially available advanced pellet in the biomass industry, as the company holds in a press release. Zilkha Biomass Energy plans to invest $90 million in the facility...... [more...]
Foreign investments into Russian forest-based industries are on a downward trend. For example, the volume of foreign investments into the Russian woodworking sector fell by 42% year-on-year in the first quarter...... [more...]
The Italian Biesse Group has announced plans to increase their presence at the upcoming Ligna, the leading trade fair for the forestry and...... [more...]
Despite the overall US housing recovery, Norbord Inc. second quarter financial performance was influenced by dissappointing OSB prices, especially in North America. Norbord achieved EBITDA for Q2 of $33 million, which is 22%...... [more...]
There are three regional markets in the EU, with three trade flows that can be determined. The Benelux countries and the United Kingdom mainly import from the United States and Canada. Despite their significant domestic production, the Scandinavian countries, mainly Denmark and Sweden, partly depend on imports from the Baltic Region and Russia. The market for pellets in Germany, Austria and Italy is more isolated and depends mostly on the production in this region itself...... [more...]
Schweighofer construction works for the new sawmill in Reci (Romania, county Covasna) are proceeding very well. At the moment the planing hall, the cutting hall and the kiln drying chambers are being built...... [more...]