FSC intends to waive compulsory use of OCP

Mercer International has deferred its plans for building a large-scale sawmill at the facility of Mercer Zellstoff GmbH in Arneburg until further notice. According to information from Dr Carsten Merforth, Chief Operating Officer (COO) of the Wood Products division, the plans for building a sawmill in Arneburg, which...

Mercer International has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT for consideration of €270m, inclusive of forecasted net working capital of approximately €43m. HIT owns, among other things, 100 per cent of a timber processing and pallet production facility in...

UPM has announced on 3 March that it will cease its deliveries to Russia for the time being. The company has employees, customers and suppliers in both countries but the company says that its exposure to Russian and Ukranian markets is limited. "Our primary concern are the people suffering from the war. UPM is...