Metsä Group announced that production at various Finland-based board mills and sawmills will temporarily shut down due to ongoing strikes.
News in international markets
Victoria, Australia’s State-Owned Logging Company VicForests to Cease Operations on June 30th
VicForests has been responsible for forest management on behalf of the Victoria, Australia, government for the past 20 years, ABC News reported.
Australia Launches A$100 Million Forest and Wood Innovations Program
On Monday, the Albanese Government launched its $100 million (AUD) Forest and Wood Innovations (AFWI) program.
Finland’s UPM Prepares to Temporarily Adjust Production Levels
Finland’s UPM announced that UPM Pulp, UPM Timber, and UPM Communication Papers will start change negotiations on possible temporary layoffs.
US Wood Pellet Exports Decline Month-Over-Month but Increase Year-Over-Year in January
The US exported 742,824.6 metric tons of wood pellets in January, down from 1.01 million metric tons in December, a Biomass Magazine review USDA data shows.
Junnikkala Commissions New Sawmill in Oulu, Finland
Finland’s Junnikkala recently commissioned its new €70 million sawmill in Oulu, Finland. The planned annual production is 350,000 m3 of sawn timber.
Schilliger Holz Produces First CLT Panel at Its Facility in Vogelsheim, France
On February 8th, Schilliger Holz produced the first CLT panel at its newly upgraded Schilliger plant in Vogelsheim, France.
Timberlink Opens NeXTimber Manufacturing Facility in Tarpeena, South Australia
Timberlink has opened its NeXTimber® by Timberlink® manufacturing facility and upgraded its green mill in Tarpeena, South Australia.
Brazilian Exports of Wood-Based Products Increase Year-Over-Year in January
The value of Brazilian exports of wood-based products (except pulp and paper) increased 13.0% year-over-year in January, the ITTO reported.
Metsä Group Parent Company Announces Divestiture of Its Estonia Wood Supply Business
Metsä Group’s parent company Metsäliitto Cooperative will sell its wood supply business in Estonia to Combiwood Forest OÜ, an Estonian company owned by Combiwood Grupp OÜ.