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Fibria to Acquire Minority Stake in Finnish Start-Up Spinnova
The Finnish startup develops sustainable technologies for the textile industry that use wood fibers to make fabrics
July 8, 2017
Fibria, a Brazilian forestry company and the world’s leading producer of eucalyptus pulp from planted forests, has signed an agreement to acquire a minority interest in Finnish-based Spinnova and partner in the development, production and marketing of new materials using its technologies.
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Weyerhaeuser to sell its timberlands and manufacturing business in Uruguay
June 5, 2017
PRESS RELEASE
SEATTLE, June 5, 2017 — Weyerhaeuser Company (NYSE: WY) today announced an agreement to sell its timberlands and manufacturing business in Uruguay to a consortium led by BTG Pactual’s Timberland Investment Group (TIG), including other long-term institutional investors, for $402.5 million in cash. The company anticipates it will incur minimal taxes in conjunction with the transaction.
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West Fraser Reports 4Q Earnings of $79 Million
Production and shipments declined quarter over quarter
February 21, 2017
West Fraser reported earnings of $79 million, or $1.01 basic earnings per share, on sales of $1,107 million in the 4Q 2016 and earnings of $326 million, or $4.06 basic earnings per share, on sales of $4,450 million for 2016.
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Södra: Record Increase in Timber Exports to Poland
Exports of sawn timber to Poland have increased 150% in 2016
January 25, 2017
Although Poland is not an entirely new market for Södra, it has grown rapidly in recent years and is interesting from various perspectives.
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Global Timber and Wood Products Market Update
Hardwood pulpwood prices increased in many regions
January 20, 2017
Hardwood pulpwood prices in Brazil, Indonesia, Australia and Chile increased during the fall, resulting in a 5.6% jump of the HFPI price index from the 1Q/16 to the 3Q/16, according to the Wood Resource Quarterly.
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