Kalle Parviainen has been appointed CFO and a member of Metsä Wood management team as of March 1, 2022. Parviainen has earlier been responsible for controlling of Metsä Wood Sales and Supply Chain.
The Alberta provincial government announced a renewed joint forest management agreement (FMA) with West Fraser Mills Ltd. and Tolko Industries Ltd. for the next 20 years, in exchange for various responsibilities.
UPM has published a new Forest Action Programme, which will run until 2030. The global programme steers UPM's global wood sourcing operations and covers its own forests in Finland and the United States as well as its plantations in Uruguay.
Chatham Asset Management, LLC, a leading private investment firm, and R.R. Donnelley & Sons Company announced that they have completed a transaction in which affiliates of Chatham have acquired RRD for $10.85 per share in cash.
Millar Western Forest Products Ltd. has completed the sale of its wood products assets to Canfor Corporation. The transaction included lumber and specialty lumber mills in Whitecourt, Fox Creek and Acheson, Alberta, Canada, and associated woodlands operations and timber holdings.
Kemira has decided to discontinue deliveries to Russia and Belarus starting March 1, 2022 until further notice due to the ongoing situation in the region.
