Last week, the new SCA terminal at the Ostuferhafen in Kiel/DE was inaugurated. In the new forestry and logistics center, Swedish enterprises SCA and Iggesund Paperboard (Holmen Group) will be handling and storing an annual amount of 850,000 t of their high-quality paper products and from there, deliver it to Central and West European markets. "The paper business will constitute another mainstay for the Kiel port's business", says Dr. Dirk Claus, CEO of the seaport Kiel.
The SCA terminal comprises 16 ha. The invested sum totals 25 million, and 80 jobs have been created.
In contrast to log wood, lumber prices changed little in August. In fact, they remained at the July level. For September, however, major increases have been announced for some product ranges.
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On the Chicago Mercantile Exchange, softwood lumber futures plummeted by 25% within one month. On August 1, the contract price was still US-$700/1,000 bft – the highest since 2022. By September 3, it...
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Swedish Setra Group announced that it will reduce production at its sawmill in Hasselfors/SE due to cost-related reasons. As part of the restructuring, 50 employees will be laid off as well.
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As expected, August was quiet both when it comes to production and sales. Craftsmen’s businesses were briefly closed for vacation, manufacturing companies were shut down for maintenance, and it was...
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