GLG News by Kraft Pulp Experts

Russia has vast untapped natural resources - woodlands plus fresh water. Ilim Pulp has four older soviet era mills in need of a large cash infusion.  Outside investors were understandably reluctant to risk up to a half billion dollars.  Ilim produces 60% of Russia's market pulp which goes...

In a move that runs counter to the usual practice in the timber industry of retrenching and shedding assets during a down market, West Fraser Timber Co. LTD. is buying 13 IP lumber mills in the US South for $325 mil.. This acquisition, along with their current two mills in Arkansas and Louisiana, will...

Weyerhaeuser is #1 in Fluff Pulp sales and the US has 95% of the world's business - which is growing by 5%/year. They now can concentrate on getting Port Wentworth, GA (acquired from Smurfit-Stone) fully up to speed on Fluff Pulp.Domtar may be #1 in UCF (uncoated free sheet) but this business is...

Eucalyptus pulp, requires new capacity to come onstream on an annual basis. Uruguay was posied to become a major player until Argentina's President, Nestor Kirschner, became jealous and organized public demonstrations blocking the only bridge across the river separating the two countries. This stopped...

Sawmill closures will mean a major reduction in the amount of chips being supplied to pulp mills.This reduction will inevitably mean pulp mill shutdowns or vastly reduced operating schedulesThis comes at a time when NBSK prices are at a 10 year high and customers are all asking for more t...