IKEA Acquires Forest in Alabama

IKEA Group has acquired its first U.S. forest property, covering approximately 25,000 acres in Lowndes County, Alabama. The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly,...

Cryptominers seeking unused mill space in Quebec

MONTREAL – Reuters reports that at least two Canadian pulp and paper companies are reviewing offers by cryptocurrency miners who want to lease excess mill space in Quebec. Electricity prices in Quebec are among the lowest in North America. Resolute Forest Products and...