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Reduced log export tariffs in Russia unlikely to boost the country’s log export ...

2/7/2012 12:15 PM EST  -   Wood Resources International LLC Company
Export tariffs on logs shipped from Russia, the world largest log supplier, are set to be reduced as the country becomes a member of the WTO. The proposed new lower tariffs are not expected to increase export volumes to pre-tariff levels, according to the Wood Resource Quarterly.
Seattle, USA. Log exports from Russia have plummeted the past five years mainly because of the country’s implementation of a log...

Year-end report 2011

2/2/2012 6:30 AM EST  -   Holmen

+-----------------------+-----+-------+-----+---------+------+
| | |Quarter| |Full year| |
+-----------------------+-----+-------+-----+---------+------+
|SEKm | 4-11| 3-11| 4-10| 2011| 2010|
+-----------------------+-----+-------+-----+---------+------+
|Net turnover |4 630| 4 518|4 747| 18 656|17 581|
+-----------------------+-----+-------+-----+---------+------+
|EBITDA* | 729| 838| 937| 3 240| 2...

Billerud to acquire UPM-Kymmene’s packaging paper business

2/1/2012 2:40 AM EST  -   Billerud
Billerud Finland Oy, a wholly-owned subsidiary of Billerud AB, has signed an agreement with UPM-Kymmene (UPM) to acquire UPM’s packaging paper business in Pietarsaari and Tervasaari with sales of approximately EUR 220 million (SEK 2 billion) in 2011. Billerud pays EUR 130 million (approximately SEK 1.2 billion) for the business. The acquisition will significantly reduce Billerud’s pulp exposure and strengthen the...

Tough end to a good year

2/1/2012 1:32 AM EST  -   Billerud
CEO Per Lindberg comments on the development during Q4 2011:

“2011 was an interesting and challenging year. It started very positively with high demand and rising prices which resulted in very strong earnings. The year ended more moderately after a fall in demand in the summer and autumn, price pressure on packaging paper, falling pulp prices and decreasing customer stocks. The consequence of this was that we...

Year-end report January-December 2011

2/1/2012 1:30 AM EST  -   Billerud
Submitted for publication at 07.30 CET on 1 February 2012
(Tables included in attached PDF)
Fourth quarter 2011

· Net sales amounted to SEK 2 086 million compared with SEK 2 327 million in the previous quarter.

· Operating profit amounted to SEK 75 million, a decrease of SEK 221 million compared with the previous quarter. The decline is mainly due to less favourable prices and a periodic maintenance shutdown at...

China is now the world’s largest importer of softwood lumber and logs despite a ...

1/31/2012 11:16 AM EST  -   Wood Resources International LLC Company
Reduced activities in the housing construction sector in China decreased importation of softwood logs and lumber in late 2011, reports the Wood Resource Quarterly. Despite the decline in the 4Q, total imports during 2011 reached a record high, making China the largest importer of logs and lumber in the world.
Seattle, USA. Importation of softwood logs and lumber to China has increased continuously over the past...

Wood chip exports from Latin America reached a record high in 2011, with pulp mi...

1/26/2012 11:12 AM EST  -   Wood Resources International LLC Company
Global trade of wood chips has gone up substantially the past two years. Hardwood chip export from Chile, Uruguay and Brail was up 43 percent in 2011 compared to 2009, as reported by the Wood Resource Quarterly. A clear majority of the increase was Eucalyptus chips destined for pulp mills in Japan and Europe.
Seattle, USA. Wood chip exports from Latin America are on track to reach a record high of almost eight...

Ingegerd Engquist new head of Group Human Resources

1/25/2012 4:30 AM EST  -   Holmen
Ingegerd Engquist has been appointed head of Group Human Resources at Holmen AB. She will take up her position as of 1 April.

Ingegerd Engquist has worked as a human resources manager for 17 years and has been HR manager at Holmen Paper since 2006. Holmen Paper is the largest business area within Holmen Group, responsible for printing paper business. She will succeed Thommy Haglund, who is retiring after 11 years...

Invitation; press and analyst conference

1/18/2012 5:15 AM EST  -   Holmen
Holmen’s year-end report 2011 will be published at lunchtime on Thursday 2 February.
You are invited to join our press and analyst conference which will be held at 14.30 CET.

Venue: Grand Hôtel, Blasieholmshamnen 8, Stockholm.

Magnus Hall, President and CEO, will present and comment on the report. The presentation will be held in English.

The conference can be followed on our website at www.holmen.com.

You may...

Invitation to press and analyst conference – Q4 2011

1/17/2012 9:30 AM EST  -   Billerud
Billerud’s Year-end Report for January-December 2011 will be published on Wednesday 1 February at approximately 07.30 CET.

At 10.00 CET on the same day, Per Lindberg, President and CEO, and Susanne Lithander, CFO, will present the Year-end Report at a press and analyst conference. The presentation will be held in English and will be followed by a Q&A session. The presentation material will be available at...