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Forestum has an Estonian subsidiary which owns 10 300 hectares of land on the islands of Dagö and Ösel. 8,800 hectares of this land is forest land with a standing volume of 1,300,000 m3.
SCA recently acquired 10,000 hectares of forest in Latvia.
“We have the intention to grow as a forest owner in the Baltics”, says Jonas Mårtensson, President Forest.”The Baltic states are a natural part of our raw material supply base and we have been present in the market for a long time as a buyer of timber. Having our own forest resource strengthens our operations in the region.”
Read moreThe target for the ongoing pre-engineering project is to create conditions for building a bioproduct mill with an annual production capacity of approximately 1.5 million tonnes of softwood and hardwood pulp to Metsä Group’s current mill site in Kemi.
Read moreCanfor has reached an agreement to sell the forest tenure associated with the Vavenby sawmill to Interfor for a price of $60 million. The sale of the forest tenure is subject to customary closing conditions including the consent of the Minister of Forests. Closing is expected to occur in the third quarter of 2019.
Read moreThe agreement implies that BillerudKorsnäs acquires Bergvik Skog Öst AB, which comprises approximately 350,000 hectares of forest land in Sweden, and in connection to that divests 5% of the shares in Bergvik Skog Väst AB to Stora Enso.
All conditions for the transactions have now been fulfilled and the transactions have been completed 31 May.
In future, the company will only purchase models that come equipped with a turning assistant. All vehicles also meet the strictest standards for fuel consumption and exhaust emissions. The first 350 new fleet vehicles will be used in Germany and France.
Read moreWith CMA CGM, MSC, Maersk, and other carriers committed to the platform, data for nearly half of the world's ocean container cargo will be available on TradeLens. The addition of CMA CGM and MSC will provide a significant boost to the TradeLens vision of greater trust, transparency, and collaboration across supply chains to help promote global trade. The companies will promote TradeLens and create complementary services on top of the platform for their customers and partners.
Read morePPI Transport Symposium is the longest running conference and exhibition dedicated to the global forest products logistics industry. Organized by Fastmarkets RISI, in association with the International Forest Products Transport Association (IFPTA), the event focuses on the issues surrounding the worldwide transport, materials handling, and distribution of forest products.
Read moreThe transaction is expected to reduce SCA’s net debt by about 575 M SEK, including both the purchase price and the effect of financial leases which are included in the sale.
SCA Logistics (Rotterdam) B.V.’s operations comprises the port terminal, stevedoring, forwarding and ships agency services. The company leases quay and the terminal land area from the Port of Rotterdam and owns the warehouses, offices, cranes and vehicles located on the leased area.
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