Canfor Corporation has announced that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital. “We are excited that Vida’s strong performance and balance sheet has enabled them to grow their operating footprint in Sweden,” said Don Kayne, President and …

Latvijas Finieris has together with Stora Enso taken the next steps towards replacing phenol – in resins used in plywood – with lignin. This new lignin-based glue significantly reduces the carbon footprint of plywood products all the way from production to final end-use applications without compromising on technical performance. Stora Enso has been working on developing lignin-based resin since 2017 …

A leading supplier of wood impregnation and thermal treatment plants, IWT-Moldrup, with offices in Denmark and Singapore, has secured an order to supply wood impregnation plant and material handling equipment to a project with a total value of more than 15 million Euros. Nina Moldrup, 3rd generation in the family-run business, says that the new plant has a capacity of …

Northland student Camryn Stewart has received an academic scholarship from Waipu-based timber manufacturer Northpine. In her fourth and final year of a Bachelor of Forestry Science at the University of Canterbury, New Zealand, Camryn says the financial grant from Northpine is a huge help to put towards her course fees and costs. “As a student, you don’t really have a …