Södra estimates that damage to its members' estates by Storm Gorm amounts to 1-1.5 million forest cubic metres. The total damage in southern Götaland is an estimated 2-2.5 million forest cubic metres. One area in south-eastern Småland was particularly hard…
All eyes are on Paris as world leaders come together to reach a global climate deal. There is much talk of COP21 being our “last chance” to construct a framework that will limit global warming to two degrees Celsius from…
UPM participates in the CBD Business and Biodiversity Forum 2015 on 11 - 12 November in Helsinki. UPM has been invited as a key note speaker together with the Finnish Ministry of Environment and Finland's leading corporate responsibility network FIBS, who…
UPM and the Guides and Scouts of Finland have agreed on cooperation to work together in order to strengthen the relationship between forests and young people. The cooperation includes creation of a mobile game about forests to be used by…
International Paper APPM Limited (IP-APPM), a group company of International Paper in India, announced that it has received the coveted Parivartan Sustainability Leadership Award for the year 2015 for its pioneering Farm Forestry initiative. This award was instituted by Sustainability…
Södra Wood is to open a sales office in the U.S., as well as a subsidiary in the state where operations will be located. "The opening of a sales office by Södra Wood in the U.S. will facilitate more business…
Monday, 26 October 2015 07:18

RusForest synthetic share buy-backs

RusForest AB (“RusForest” or the “Company”) (NASDAQ OMX: RUSF), a Swedish forestry company with operations in Russia, has between 1 September 2015 and 30 September 2015 synthetically repurchased 502,913 shares, at an average price of 2.013 SEK,  in accordance with…
BillerudKorsnäs’ holding in Bergvik Skog AB increases in value due to increase in the IFRS fair value of biological assets in Bergvik Skog AB. BillerudKorsnäs’ share of the increase, net of tax, is approximately SEK 420 million, subject to year-end…
Stora Enso’s equity accounted investment Bergvik Skog AB in Sweden increases the IFRS fair value of its biological assets. Stora Enso’s share of the increase, net of tax, is approximately SEK 4.1 billion (EUR 435 million) subject to normal year…
Tuesday, 20 October 2015 09:34

Södra to close hardwood sawmill in Traryd

Södra is implementing structural changes in its sawmill and planing operations to strengthen the company's long-term competitiveness. Negotiations with trade unions will be initiated with the intention of closing the hardwood sawmill in Traryd. Just over 20 employees are affected.In…
Q3 2015 business performance in line with the company's outlook UPM increases the fair value of its biological assets (growing trees) in Finland, due to adjusted long-term wood price estimates and change in the discount rate. The impact of these…
More than one in three people were unable to correctly identify that charcoal is made from wood, a WWF survey has found, and many don’t link it to deforestation. One in four thinks charcoal is mined from the ground (coal)…
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