Market News of Note

The number of persons affected is 155 and paper machine 10 in Plattling will be permanently closed by mid July 2019.

Approximately 160 employees will be impacted by this curtailment.

Kruger Inc. is receiving a $13.8 million investment from the federal government for biomass and recycled paper projects in Corner Brook, Newfoundland and Brompton, Quebec, respectively.

From January through April, Chinese log imports from New Zealand jumped 21.8% y-o-y to 5.6 million m3 with import value $787.9 million, according to China Customs data.