Marko Summanen

Aug 15, 2024 | resourcewise.com | Audrey Dixon |Pete Stewart |Marko Summanen

The United States and Canada have a symbiotic relationship regarding softwood lumber trade. The US heavily relies on Canadian lumber to meet its market demand, and about 85% of Canada’s softwood lumber exports go to the US. That mutual dependency is a simple fact that seems at odds with the amount of time in the last several decades the two countries have spent fighting each other in international trade courts over duties the US imposes on Canadian softwood lumber.

Jun 20, 2024 | paperadvance.com | Marko Summanen

For professionals in this sector, grasping these dynamics is essential for maintaining a competitive edge. A comprehensive understanding of the market can provide actionable insights to successfully steer companies through the future. Current Industry Challenges in Europe Like many other regions, the European pulp and paper industry is currently facing several challenges in a rapidly evolving market.

Feb 9, 2024 | paper360.tappi.org | Leslee Masters |Marko Summanen

The decrease in pulp prices we’ve recently seen may not be a temporary occurrence. We anticipate an excess of market pulp capacity in the near future. This could lead to a global shakeout of high-cost capacity and the consolidation of pulp players. An example of this is Metsä Group’s new bioproduct mill in Kemi. This new mill was intended to replace its current Metsä Group pulp production in Kemi. It will be the largest forest-sector production facility in the northern hemisphere.

Oct 5, 2023 | paperadvance.com | Marko Summanen

This could lead to a global shakeout of high-cost capacity and the consolidation of pulp players. An example of this is Metsä Group’s new bioproduct mill in Kemi. This new mill was intended to replace its current Metsä Group pulp production in Kemi. It will be the largest forest-sector production facility in the northern hemisphere. This project will likely impact the future of some smaller softwood pulp mills in this region. However, wood prices have simultaneously surged despite the low demand.