Norske Skog has entered into agreement with Talley’s Group, a New Zealand based dairy, fishing, produce and food company, to sell the Nature’s Flame pellets company for a consideration of approximately NZD 47.8 million (approximately NOK 280 million). The transaction is expected to close during the first quarter of 2022. “Nature’s Flame is an excellent company producing high quality and sustainable energy pellets from wood residues, and thus the sales process generated significant interest. Under our ownership, we have expanded the capacity from producing some 20,000 tonnes when acquired to currently 90,000 tonnes, and we are very pleased that Talley’s has indicated interest to continue the ongoing project to further expand the capacity to 150,000 tonnes."

Canfor Corporation announced that it will implement reduced operating schedules at its BC sawmills, with the exception of WynnWood, starting the week of August 30. As a result, Canfor’s BC mills are expected to operate at approximately 80% of production capacity and operating schedules may continue to vary as economic conditions warrant. “Due to challenging market conditions, we are implementing reduced operating schedules at our BC sawmills that will remain in place until demand and pricing meaningfully improve. We recognize the impact that volatile lumber markets have on our employees, contractors and communities and we will make efforts to mitigate the negative effects,” said Stephen Mackie, Executive Vice President, North America, Canfor. “We will also leverage our global operating platform to minimize disruptions in supply to our customers.”

International technology group ANDRITZ has received an order from lndah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line including a reject treatment system to the mill in Karawang, Jawa Barat, Indonesia. The new OCC line will have a design capacity of 2,000 bdmt/d and process a mixture of OCC, mixed waste and up to 30% American OCC as raw material to produce testliner. Based on the latest technology available, it will provide high pulp quality at cost-efficient and resource-saving operation. The collaboration between lndah Kiat Pulp & Paper TBK and ANDRITZ will support Indah Kiat’s stable and sustainable growth, driving the company’s production to new heights. Start-up of the new line is scheduled for the end of 2024.