Rayonier Inc. announced that its board of directors has approved a 5.6% increase in its quarterly cash dividend to $0.285 per common share from $0.27 per common share.
With this acquisition, Weyerhaeuser now owns or manages more than 900,000 acres of timberlands in the Carolinas, and the company also operates four mills, a distribution center and tree nursery, and hosts multiple mitigation banks and real estate development projects -- employing more than 700 people between the two states.
The new pressurized refining system will feature a design capacity of 48 bdmt/h and process rubberwood chips for producing various types of MDF products.
To broaden its offering for tissue machines, Valmet launches a new polyurethane roll cover, Valmet Press Roll Cover PL. The roll cover's wear-resistant material and adaptive structure are developed to cope with the harsh operating conditions in tissue production, thus leading to longer lifetime of roll cover and energy savings.
