Finnish Pulp Production Rises through Third Quarter

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 Pulp production in Finland through the third quarter was up 26% and paper and paperboard was up 14%, compared with the same period last year, according to the Finnish Forest Industries Federation. The Federation estimates that the value of domestic production in January-September was around EUR 14 billion, about 25% more than a year ago.

"Output of forest industry products continued to grow in the third quarter. The growth figures are indicators of improved demand, but the period of 2009 being compared to was unprecedentedly weak as well," Timo Jaatinen, director general of the Federation, said. "Forest industry companies have already done lots to improve their profitability. Costs have been cut, structures trimmed, and unprofitable capacity shutdown," he added.