Ahlstrom, a global leader in fiber-based specialty materials, is proud to announce the launch of Lipid Saver™, a new solution designed for collecting, transporting, and storing fatty acids from whole blood samples.
Canfor Corporation recorded an operating loss of $560 million in the third quarter of 2024, reflecting intensified challenges across its lumber and pulp segments.
In the third quarter of 2024, net sales for the Södra Group amounted to SEK 6,944 million (6,545), up 6 percent compared with the year-earlier period. Operating profit totalled SEK 937 million (410), representing an operating margin of 13 percent (6). Return on capital employed was 10 percent (12) and the equity ratio was 61 percent.
Weyerhaeuser Company reported Q3 net earnings of $28 million, or 4 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $239 million, or 33 cents per diluted share, on net sales of $2.0 billion for the same period last year and net earnings of $173 million for Q2 2024.
The company's announcement on Iowa's Worker Adjustment and Retraining Notification, or WARN, website states the Waukee facility will shut down Jan. 10, idling 88 workers.
Metsä Board Corporation has initiated change negotiations regarding potential temporary layoffs at its paperboard and BCTMP mills in Finland. These talks will impact approximately 1,100 employees across seven mills: Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele, and Äänekoski.
Stora Enso secures wood supply for its Oulu packaging board site by acquiring Finnish sawmill company Junnikkala Oy. The acquisition, valued up to Euro 137 million, aims to ensure cost-efficient wood sourcing and bolster Stora Enso's wood products segment. Closing conditions include regulatory approvals, with completion expected by mid-2025.
Segezha Group has launched an extensive reverse engineering program to maintain and upgrade its industrial equipment at Segezha Pulp and Paper Mill, the company announced in its Telegram channel.
