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UPM Completes the Sale of its Steyrermühl Site to Heinzel Group

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UPM has finalized the sale of the Steyrermühl site to Heinzel Group which was announced in June 2022. Jan 02, 2024 UPM has announced the finalization of the sale of the Steyrermühl site and all related assets to Heinzel Group, thereby closing the transaction announced in June 2022. The production......
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Metsä Group Plans to End its Sawn Timber Production in Merikarvia

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Metsä Group plans to discontinue the sawn timber production in Merikarvia by the summer of 2024. Jan 08, 2024 Metsä Group plans to discontinue the sawn timber production in Merikarvia, Finland. According to the plans, production would end by summer 2024. The change negotiations at the Merikarvia sawmill concern all......
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Stora Enso Contracts ANDRITZ to Optimize its 630,000 TPA Enocell Pulp Mill in Finland

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Stora Enso has contracted ANDRITZ Group to optimize its Enocell pulp mill in UImaharju, Finland, for better production capacity and reduced ecological footprint. The pulp mill has a production capacity of 630,000 TPA. Aug 8, 2023 Stora Enso has contracted ANDRITZ Group to optimize the fiber line at its Enocell......
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Stora Enso Finalizes its Hylte, Sweden, Paper Site Divestment at EUR 18 Million to Sweden Timber

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Stora Enso finalized the divestment of its Hylte, Sweden, paper division site on January 27, 2023, to Sweden Timber, a sawmill and planing company. The divestment was the last among the four planned. The company will book a disposal loss of approximately EUR 35 million, in addition to an impairment......
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SCA Plants 100 Million Carbon Absorbing Trees Annually

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The seedlings developed by SCA can be planted on about 50,000 hectares annually, or an area the size of 100,000 football pitches. October 5, 2022 Sweden-based SCA is a responsible forest industry organisation which makes exponential efforts in sustainability – planting around 100 million seedlings at its own forest nursery.......
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Mayr-Melnhof Holz acquires Bergkvist Siljan

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After the acquisition, Mayr-Melnhof Holz will grow its lumber production capacity by about 50 percent to more than 2.7 million m3 of sawn timber annually. February 22, 2022 Austria-headquartered Mayr-Melnhof Holz has got the necessary approval from the competition authorities regarding the acquisition of the Swedish sawmill Group Bergkvist Siljan. The......