Further to Canfor Corporation’s (TSX:CFP) announcement on June 17, 2020, its 70%- owned subsidiary, Vida Group, has today completed the purchase of three sawmills located in Sweden from Bergs Timber.
https://www.canfor.com/docs/default-source/news-2020/canfor-subsidiary-closes-bergs-acquisition.pdf?sfvrsn=330fee91_2
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RISI reports that Lecta and Burgo are separately raising prices by 6% to 7% on CWF and UWF grades effective with deliveries from July 2018 onward.
Genera, a US manufacturer of domestically sourced and produced ag-based pulp and molded fiber products, has named Timothy Watkins and Tyler Winston to two top engineering positions at the company's East Tennessee facility. The announcement marks continued progress toward full production of Genera's innovative Earthable® line of sustainable, ag-based fiber products later in 2020. Genera will manufacture molded fiber food service products like plates, bowls, and takeout containers. These products will be fully biodegradable and compostable.
The release papers are produced at Condat, Lecta's mill in France. After the launch several months ago of its new range of Linerset release liners with Linerset CCK (Clay Coated Kraft) release paper, Lecta now presents Linerset Glassine, a supercalendered paper for siliconization with very good lay-flatness, caliper, transparency and high resistance. Available in yellow and white, respectively, Linerset Glassine Y (Yellow) and Linerset Glassine W (White) are produced in substances from 45 to 78 g/m² for application on self-adhesive labels. Introducing these new release liners, Lecta advances in its transformation and diversification project at its Condat mill in France. With an investment of more than 80 million euros, Lecta has transformed its Line 8 paper machine at Condat with the aim of manufacturing release liners for siliconization. Lecta also has acquired a new supercalender, making Condat one of the most modern, efficient and environment-friendly factories in Europe.