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Liquidation/Bankruptcy – Wood Markets News

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<figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/PewJUAUi9FEQtgNXUykG.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Machinery_and_Equipment_7/">Machinery</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116122" href="/en/news/Albany_plans_to_discontinue_manufacturing_operations_in_Olten_Switzerland_116122/">Albany plans to discontinue manufacturing operations in Olten, Switzerland</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-22T23:23:01+03:00">11 hours ago</time> </div> </div> </div> <div class="wire-block-third"><p>Albany International Corp. announces plans to consolidate manufacturing capacity.</p></div> </article> <article id="news_115780" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/mf6emSKWbp5FKhzjRT92.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Dendrochemistry_6/">Dendrochemistry</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115780" href="/en/news/Kemira_to_close_its_manufacturing_site_in_Vancouver_Canada_115780/">Kemira to close its manufacturing site in Vancouver, Canada</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-30T23:03:33+03:00">October 30, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The Vancouver site produces process and functional chemicals for the Pulp & Paper segment. The planned consolidation is expected to impact approximately five employees.</p></div> </article> <article id="news_115493" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/FouhAJEec5VExVswx9GT.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wood_pellets_62/">Wood pellets</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115493" href="/en/news/NYSE_to_delist_Enviva%E2%80%99s_stock_by_October_22_115493/">NYSE to delist Enviva’s stock by October 22</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-14T16:25:26+03:00">October 14, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>A court hearing scheduled for November 13 will determine the final steps in the bankruptcy process.</p></div> </article> <article id="news_115453" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/XuYYWm5XQObWSKaT8GB6.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Printing_%26_Writing_Papers_31/">Printing Papers</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115453" href="/en/news/Fedrigoni_announces_exit_from_office_business_115453/">Fedrigoni announces exit from office business</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-10T21:19:57+03:00">October 10, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Fedrigoni's decision comes after two years of unsuccessfully searching for partners willing to invest in Giano to relaunch its competitiveness and goes in the direction of allowing the Group to focus investments and resources on the segment of specialty papers for packaging and creative communication, including art and...</p></div> </article> <article id="news_115359" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/nBRX5Ph5BuoHFkJJVEy9.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Wood_pellets_62/">Wood pellets</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115359" href="/en/news/Enviva_posts_significant_losses_in_2023_despite_revenue_and_pellet_production_growth_115359/">Enviva posts significant losses in 2023 despite revenue and pellet production growth</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-05T18:37:00+03:00">October 5, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The company’s sales of wood pellets increased by 14%.</p></div> </article> <article id="news_115211" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/ZRyHpKFwysrMNJWFHfAj.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Makulatura_35/">Waste paper</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115211" href="/en/news/Oji_Fibre_Solutions_to_close_paper_recycling_mill_in_Penrose_New_Zealand_115211/">Oji Fibre Solutions to close paper recycling mill in Penrose, New Zealand</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-09-25T22:46:50+03:00">September 25, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The closure will impact directly on 75 people at the mill.</p></div> </article> <article id="news_115133" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/kdvR5kEpyhWZawmpGiaQ.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115133" href="/en/news/Accsys_to_discontinue_Hull_plant_in_UK_115133/">Accsys to discontinue Hull plant in UK</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-09-20T23:34:38+03:00">September 20, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The Board has decided that it is in the best interests of Accsys and its shareholders to discontinue the Tricoya plant.</p></div> </article> <article id="news_114999" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/t3AMPcZN4jgUbOyKUokt.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Wood_pellets_62/">Wood pellets</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="114999" href="/en/news/Enviva_pushes_ahead_with_Alabama_plant_despite_bankruptcy_114999/">Enviva pushes ahead with Alabama plant despite bankruptcy</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-09-13T20:03:49+03:00">September 13, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The company is working to exit bankruptcy with a plan that would leave shareholders holding just 5% of the restructured company.</p></div> </article> <article id="news_114871" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/eJO8AFaSz2tmDJsyXD3f.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="114871" href="/en/news/Canfor_closes_Plateau_and_Fort_St_John_sawmills_in_northern_BC_114871/">Canfor closes Plateau and Fort St. John sawmills in northern BC</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-09-05T04:07:00+03:00">September 5, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>This decision affects 500 employees and eliminates 670 million board feet of annual production.</p></div> </article> </div> </div> </div> <aside class="rightbar sticky-wrap"> <div class="sticky-bottom-wrap"> <div class="ad-block sticky"> <div class="news-banner"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-7375874957453054" crossorigin="anonymous"></script> <!-- Right Top 230 x 400 --> <ins class="adsbygoogle" style="display:block" 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