Forest Products

TÜV SÜD Further Expands Expertise in Climate Protection and Sustainability

Retrieved on: 
Monday, March 4, 2024
Environment, Climate Change, Environmental Health, Sustainability, Alternative Energy, Green Technology, Other Natural Resources, Energy, Forest Products, Natural Resources, FRST, Acquisition, Climate, Pleasure, Carbon, RCE, Climate change, CO2, Family, Knowledge, GHG, Renewable energy

TÜV SÜD announces the acquisition of US-based Forest Resource Solutions and Technologies, further expanding its expertise in the validation and verification of climate protection projects.

Key Points: 
  • TÜV SÜD announces the acquisition of US-based Forest Resource Solutions and Technologies, further expanding its expertise in the validation and verification of climate protection projects.
  • Following a buy and build strategy, TÜV SÜD America had already acquired Ruby Canyon Environmental, a global leader in the field of GHG project and reporting assurance in 2022.
  • It has been a great pleasure working so closely with Andrea and Christian these past six years and I’m thrilled to welcome them to the TÜV SÜD and RCE family," said Zach Eyler, Vice President TÜV SÜD Americas – Ruby Canyon.
  • Comprehensive information on TÜV SÜD's sustainability services and on the validation and verification of climate protection projects can be found at https://www.tuvsud.com/sustainability
    Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise.

RYAM Announces Participation in Four Equity Conferences

Retrieved on: 
Friday, March 1, 2024
Packaging, Other Natural Resources, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Conference

"We are excited to participate in these upcoming equity conferences," said De Lyle Bloomquist, President and Chief Executive Officer of RYAM.

Key Points: 
  • "We are excited to participate in these upcoming equity conferences," said De Lyle Bloomquist, President and Chief Executive Officer of RYAM.
  • "These events provide valuable opportunities to engage with investors, analysts, and stakeholders, and to share insights into our company's strategic initiatives and performance."
  • Investors and interested parties can access the conferences through the following details:
    Fireside Chat with Water Tower Research on March 7th, please register here .
  • For more information about RYAM and its participation in these conferences, please visit RYAM.com or contact Investor Relations at [email protected]

Imperial Dade Acquires Brawner Paper Company Expands Coverage in Houston

Retrieved on: 
Friday, March 1, 2024
Packaging, Other Natural Resources, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Paper, Brawner, Acquisition, Attention

Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Brawner Paper Company, Inc. (“Brawner” or the “Company”).

Key Points: 
  • Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Brawner Paper Company, Inc. (“Brawner” or the “Company”).
  • The transaction represents the 81st acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively.
  • Founded in 1946 by Thom Brawner, the Company has been a driving force in the paper and janitorial supply industry for over 70 years.
  • “The Brawner family is humbled to become part of Imperial Dade, the leading distribution platform across North America.

American Woodmark Corporation Announces Third Quarter Results

Retrieved on: 
Thursday, February 29, 2024
Forest Products, Construction & Property, Natural Resources, Interior Design, EPS, GAAP, Senior, American Woodmark, Environment, Adjustment, Recycling

American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its third fiscal quarter ended January 31, 2024.

Key Points: 
  • American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its third fiscal quarter ended January 31, 2024.
  • “Consistent with the first half of fiscal year 2024 performance, net sales and Adjusted EBITDA exceeded our expectations as improved operational performance continues.
  • Adjusted EPS per diluted share was $1.66 for the third quarter of fiscal 2024 compared with $1.46 in the same quarter of the prior fiscal year.
  • Adjusted EBITDA for the third quarter of fiscal 2024 decreased $0.4 million, or 0.7%, to $50.6 million, or 12.0% of net sales, compared to $51.0 million, or 10.6% of net sales, for the same quarter of the prior fiscal year.

Alwaleed Philanthropies Launches Atlai, An Innovative AI Platform to Support Global Efforts to Combat Deforestation

Retrieved on: 
Wednesday, February 28, 2024
Environmental Health, Technology, Foundation, Philanthropy, Other Natural Resources, Forest Products, Natural Resources, Climate Change, Other Philanthropy, Green Technology, Apps, Applications, Communications, Software, Sustainability, Environment, Social Activism, Artificial Intelligence, Woman, Hindi, Alwaleed Philanthropies, Prejudice, Climate change, Sustainable Development Goals, Organization, AP, Face, Sustainable development, Renewable energy

The platform is designed to document and raise awareness on deforestation activities wherever they are occurring.

Key Points: 
  • The platform is designed to document and raise awareness on deforestation activities wherever they are occurring.
  • It aggregates historical data on deforestation by country, offering on-demand, easy-to-digest reports in seven languages including English, French, Spanish, Mandarin, Hindi, Italian, and Arabic.
  • Deforestation is estimated to contribute up to 20% of annual global greenhouse gas emissions1.
  • However, deforestation increased by 4% worldwide in 2022,2 with the world now 21% off-track on its goal of ending deforestation by 2030.

Suzano Invests R$18.6 Billion in 2023

Retrieved on: 
Thursday, February 29, 2024
Construction & Property, Natural Resources, Textiles, Packaging, Other Natural Resources, Other Construction & Property, Manufacturing, Forest Products, Acquisition, Paper, Investment, Total, Bank statement

Suzano , the world’s largest pulp producer, announces its financial statements for the full fiscal year of 2023.

Key Points: 
  • Suzano , the world’s largest pulp producer, announces its financial statements for the full fiscal year of 2023.
  • Total investment of R$18.6 billion in 2023, a 14% increase on FY22
    FY23 Net revenues of R$39.8 billion, a 20% decrease on FY22
    FY23 Adjusted EBITDA of R$18.3 billion, a 35% decrease on FY22
    FY23 Operating cash generation of R$11.6 billion, a 49% decrease on FY22
    FY23 Pulp sales totalled 10.2 million tons, a 4% decrease on FY22
    FY23 Paper sales totalled 1.3 million tons, a 1% decrease on FY22
    Despite the marked decline in global pulp prices over the course of 2023, Suzano has invested over R$18bn to guarantee its future success.
  • “Our investment cycle, including the highest annual investment ever, in 2023, represents the largest in our centennial history with over R$50 billion spent between 2019 and 2023.
  • We faced a challenging scenario in 2023 and our results demonstrate the company’s resilience to generate value for our stakeholders.

Packaging Corporation of America Declares Quarterly Dividend

Retrieved on: 
Wednesday, February 28, 2024
Natural Resources, Manufacturing, Other Manufacturing, Packaging, Forest Products, PCA, Corporation

Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock.

Key Points: 
  • Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock.
  • The quarterly dividend of $1.25 per share will be paid to shareholders of record as of March 15, 2024 with a payment date of April 15, 2024.
  • Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors.
  • PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America.

Rayonier to Host 2024 Investor Day in New York City Today at 9:00 AM ET

Retrieved on: 
Wednesday, February 28, 2024
REIT, Natural Resources, Other Construction & Property, Construction & Property, Forest Products, Inc., Webcast, RYN

Rayonier Inc. (NYSE: RYN), a leading timberland REIT, will host an Investor Day in New York City today starting at 9:00 AM ET as previously announced.

Key Points: 
  • Rayonier Inc. (NYSE: RYN), a leading timberland REIT, will host an Investor Day in New York City today starting at 9:00 AM ET as previously announced.
  • Presentations will cover several key topics, including the Company’s upcoming leadership transition, its plan to execute on emerging opportunities for land-based solutions, the value creation potential of its real estate development platform, an overview of its high-quality timberland portfolio, and an update on its initiatives to enhance shareholder value announced on November 1, 2023.
  • A live webcast of the presentation, along with the presentation materials, will be available at https://ir.rayonier.com at the start of the event.
  • For those who are unable to watch the live webcast, an archived copy of the webcast will be available following the conclusion of the event.

Biomass To Love Co., Ltd. has published the English Version of "Future Tree of the Earth".

Retrieved on: 
Tuesday, February 20, 2024
Environment, Publishing, Environmental Issues, Chemicals, Plastics, Communications, Manufacturing, Forest Products, University, Natural Resources, Education, Lignin, Mie University, Carbohydrate, Ministry, Biomass, Tree, Lecture, Nature, Ecosystem

This project has published an English translation e-book version of the Japanese book “Future Tree of the Earth (author: Masamitsu Funaoka, published in 2021)” in February 2024.

Key Points: 
  • This project has published an English translation e-book version of the Japanese book “Future Tree of the Earth (author: Masamitsu Funaoka, published in 2021)” in February 2024.
  • The original version of this book is a compilation of Prof. Dr. Funaoka’s lecture in Japan by a housewife who attended the lecture and was deeply impressed by it.
  • The Japanese worldview has a spiritual and cultural dimension in which they have learned from, imitated, and sought ways to harmonize with nature.
  • This book explains concrete methods for realizing the “sustainable social system” that the world is currently aiming for.

F&W and Everwood Forge Strategic Equity Partnership; F&W Expands in U.S. to Inland Northwest

Retrieved on: 
Tuesday, February 27, 2024
Data Management, Commercial Building & Real Estate, Technology, Construction & Property, Professional Services, Forest Products, Natural Resources, Data Analytics, Software, Environment, Sustainability, Acquisition, F&W, FIS, Forestry

It also revealed a major expansion of its U.S. operations with the acquisition of Idaho-based Inland Forest Management.

Key Points: 
  • It also revealed a major expansion of its U.S. operations with the acquisition of Idaho-based Inland Forest Management.
  • F&W President Marshall Thomas said the company sought an equity partner to accelerate growth opportunities and Everwood was a natural fit.
  • Charles Flipo, president of Everwood, said: “Many landowners are increasingly managing their forestland to meet ambitious natural capital strategies.
  • The first expansion of operations is in the Inland Northwest region with the purchase of Sandpoint, Idaho-based Inland Forest Management (IFM).