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Forestry Industry Briefing — July 23, 2026

Updated September 2026 · Daily Briefs

Paper & Pulp Mills

Södra posts SEK 424 million Q2 operating loss on weak demand Sweden's Södra reported a second-quarter 2026 operating loss of SEK 424 million on net sales of SEK 6,947 million (down 3.4% year-over-year), with CEO Lotta Lyrå citing depressed demand and a global supply-demand imbalance pressuring pulp prices. Sawn timber demand was weak in Sweden, the US and UK, while efficiency measures under the Södra Leap program delivered SEK 122 million in improvements and cut overheads by SEK 200 million. Source: PaperAge

Valmet's pulp and energy chief Sami Riekkola to leave the company Valmet announced that Sami Riekkola, Executive Vice President of its Pulp, Energy and Circularity business area and a 28-year company veteran, will depart by January 22, 2027; recruitment of a successor begins immediately. Riekkola has sat on Valmet's Executive Leadership Team since 2018. Source: PaperAge

Wood Pellets

New Energy Risk extends insurance coverage to Yilkins' pellet torrefaction technology New Energy Risk has expanded its partnership with Netherlands-based Yilkins, extending insurance coverage under NER's master policy to Yilkins' advanced pellet torrefaction process — a move aimed at de-risking financing for torrefied black pellet projects. Source: Biomass Magazine

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