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UPM sells its packaging paper production to the Swedish packaging paper company Billerud. The transaction includes two packaging paper machines; one in Pietarsaari and one in Tervasaari, Finland. The enterprise value of the transaction is EUR 130 million. The transaction is subject to regulatory...

Maine Governor Paul LePage signed an executive order directing that “any new or expanded state buildings shall incorporate green building standards that give certification credits equally to forest products grown, manufactured and certified under the Sustainable Forestry Initiative Standard,...

New regulations banning sale of illegal timber in consumer countries will force companies to move away from business-as-usual practices, part of a two-pronged approach to ensure the sustainability of supply for wood products.

With weaker demand for lumber around the world, sawlog prices fell in a majority of the 21 markets tracked by the Wood Resource Quarterly (WRQ). The Global Conifer Sawlog Price Index (GSPI) declined in the 3Q for the first time since the 1Q/09. With a few exceptions, prices fell in both local...

Södra reduced the price of its softwood pulp timber by SEK 25 per m3sub. This price reduction is also applicable to the pulp timber element of its storm range. The price of all hardwood pulp timber ranges will remain unchanged for the time being, however. "This price reduction is a...

If you prefer to read from paper instead of an electronic screen, you're not alone. According to a recent survey commissioned by Two Sides, the fast-growing non-profit organization created to promote the responsible production, use and sustainability of print and paper, 70 percent of Americans...

The latest brochure in EFI’s Making a Difference: From Science to Policy series is now available! It focuses on EFI’s work coordinating the EUTR Support Study project, which investigated the most effective ways of meeting various requirements of the EU Timber Regulation (EUTR).

The popularity of certain timber construction techniques appears to be spreading, with cross-laminated timber (CLT) proving to be particularly sought-after. CLD is produced in a factory and involves industrially-drying quick-growing timber boards, before stacking them at right angles and gluing...

Finland, Jan 12, 2012 - Global consulting and engineering company Pöyry has become a member of the World Business Council for Sustainable Development (WBCSD). Together with other WBCSD members Pöyry contributes to solving some of our planet's biggest challenges that require high-...