Forest / Wood Products
Oeneo SA Issues to Build New Plant in France
Oeneo SA announced that its Board of Directors has approved launching construction of a new plant for the treatment of cork through supercritical carbon dioxide extraction at Ceret in France. The cost of the plant is estimated at EUR 25 million.
Jilin Forest Industry Co Ltd to Set up Subsidiary
Jilin Forest Industry Co Ltd announced that it will invest RMB 200 million to set up a wholly owned subsidiary in Jilin. The subsidiary will be with a registered capital of RMB 200 million and be engaged in the investment in securities, bonds, funds, futures and equities, asset management, investment planning, advisory, corporate management advisory, among others.
Greenply Industries Ltd Announces Incorporation Of Subsidiary
Greenply Industries Ltd announced that the Board of Directors at its meeting held on January 23, 2013 has approved to set-up a Veneer or Veneer-cum-Plywood Unit in Myanmar through incorporation of a subsidiary in Myanmar.
Stella-Jones Inc Announces Construction Of New Wood Treating Facility In Georgia
Stella-Jones Inc announced that it has begun construction of a new wood treating facility on a 40-acre tract of land in Cordele, Georgia, approximately 225 kilometers (140 miles) south of Atlanta. The project represents an investment of approximately USD11.0 million for Stella-Jones. The Cordele facility will be primarily devoted to the production of railway ties, with an ultimate annual capacity of two million ties. Initial wood trimming activities are expected to begin in early January 2013, while treating activities should begin near mid-year. At start-up, the facility will provide work for an estimated 26 employees, and have in excess of 50 employees at full capacity.
Cogra 48 SA Announces Plans for New Factory
Cogra 48 SA announced that work on the new factory it plans to build in Severac-le-Chateau (Aveyron) could start before the end of 2012, allowing it to open at the end of 2013.
Yunnan Jinggu Forestry Co Ltd to Set up Subsidiary
Yunnan Jinggu Forestry Co Ltd announced that it will invest RMB 1 million to set up a wholly owned subsidiary, which will be with a registered capital of RMB 1 million and be engaged in the purchase of pine resin, processing and sale of rosin and turpentine, as well as deep processing and sale of forest chemical products.
NANKAI PLYWOOD CO LTD Establishes New Subsidiary
NANKAI PLYWOOD CO LTD announced that it has established a wholly owned subsidiary, which will be engaged in sales of wood and construction materials in Shanghai, on May 22 ,2012. The business is expected to be started in October 2012.
Jilin Forest Industry Co Ltd to Set up Hebei Branch
Jilin Forest Industry Co Ltd announced that it will set up a branch in Langfang City, Hebei Province.
Jilin Forest Industry Co Ltd to Set up Subsidiary
Jilin Forest Industry Co Ltd announced that it will invest RMB 200 million to set up a wholly owned subsidiary, a Changchun-based microfinance company with a registered capital of RMB 200 million.
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Sector Summary
| Energy |  -0.04% |
| Basic Materials | -0.09% |
| Industrials |  +0.27% |
| Cyclical Goods & Services | +0.23% |
| Non-Cyclical Goods & Services | -0.04% |
| Financials | +0.12% |
| Healthcare | +0.69% |
| Technology | -0.02% |
| Telecoms | -0.31% |
| Utilities | -0.17% |
| DOW | 15,474.64 | +87.06 |
+0.57% |
| S&P 500 | 1,677.98 | +8.82 |
+0.53% |
| NASDAQ | 3,511.89 | +9.77 |
+0.28% |
| TR US Index | 151.47 | +0.24 |
+0.16% |
Analyst Research
| Report Title | Price |
|---|---|
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Provider: Edison Investment Research
|
$10.00
|
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Provider: Edison Investment Research
|
$10.00
|
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Provider: Edison Investment Research
|
$10.00
|
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Provider: GlobalData
|
$125.00
|
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Provider: GlobalData
|
$125.00
|
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