2017 International Forest Industries Magazines October November 2017 | Page 16

LOGGING & BIOMASS NEWS Hiab receives an order for forestry cranes from Russia Hiab, part of Cargotec, has secured an order for close to 40 LOGLIFT F96ST forestry cranes from Russia. The customer is ULK, a group of Russian companies specialised in logging, deep wood processing and disposal of waste lumber. The value of the order exceeds EUR 1 million and it has been booked into Cargotec’s third-quarter order intake. “We will build a new wood processing plant next to the existing plant. As a result, this complex will be Russia’s largest woodprocessing factory. In order to provide the plants with a stable and uninterrupted supply of timber, we decided to order LOGLIFT cranes because we trust t heir quality and durability,” says Vasiliy Vasilievich Kuznetsov, Technical Director, ULK. “LOGLIFT F96 forestry cranes combine power, speed and efficiency. The telescoping model of LOGLIFT 96S can effortlessly reach the pile from further away and load the timber straight to the back of the trailer,” says Hannu Virtanen, Director at Hiab Russia. The deliveries of the forestry cranes start in November and will be finalised by the end of 2017. Hans Ekman, Vice President, Forestry, Hiab “We are very happy to receive this order from ULK and our wish is that this delivery is a good start in our cooperation. This order is also a great success for our ambition to grow the Hiab business in the important and recovering Russian market,” says Hans Ekman, Vice President, Forestry Cranes, Hiab. Potlatch and Deltic Timber to combine Potlatch Corporation and Deltic Timber Corporation have entered into a definitive agreement to combine in an all-stock transaction and create a leading domestic timberland owner and top-tier lumber manufacturer. The combined company will be named PotlatchDeltic Corporation. Transaction expected to close in the 1H 2018. Together, the combined company will have a highly productive and diverse timberland portfolio of approximately 2 million acres, with approximately 1.1 million acres in the U.S. South, 600,000 acres in Idaho, and 150,000 acres in Minnesota. In addition, upon completion of the transaction, the company will operate 8 wood products manufacturing facilities, including 6 lumber manufacturing facilities, 1 medium density fiberboard (“MDF”) facility and 1 industrial plywood mill. In total, the combined company will have lumber capacity of 1.2 billion board feet, making it one of the leading producers in the U.S. Furthermore, the company’s lumber capacity will be heavily weighted towards high-margin southern yellow pine lumber, with over half of the company’s capacity being produced at its three southern mills. The transaction also combines two highly complementary and successful real estate businesses. Upon closing of the transaction, Mike Covey will continue to serve as Chairman and CEO, and Eric Cremers will continue to serve as President and COO. John Enlow, currently President and CEO of Deltic, will serve as the company’s Vice Chairman and will lead the integration of the two businesses. The Board of Directors of the combined company will comprise eight Directors from Potlatch and four Directors from Deltic. The corporate headquarters will be maintained in Spokane, Washington, with the southern operational headquarters located in El Dorado, Arkansas. Autolog partners with FPInnovations to market an automated tool for separating wood species Autolog has announced an agreement with FPInnovations™ for the commercialization of a real-time automated system for identifying and separating wood species based on existing technology using near infra-red spectroscopy. Research by FPInnovations™ has shown that it is possible to separate Canada’s softwood species with a high success rate. Autolog begins work to industrialize the process, make it robust and facilitate the use of this technology in the sawmills. Remarkably, this innovative technology does not use consumable products. By eliminating recurring costs, 14 International Forest Industries | OCTOBER / NOVEMBER 2017 this solution provides a definite advantage with regards to its Saptek™ drying optimizer, or other solutions in the market.