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Timber-import trade associations merge to European umbrella federation ETTF

12 August 2009: The interests of the European timber trade will be represented by the newly established umbrella organisation European Timber Trade Federation (ETTF) in the future.

50% of North American OSB capacity closed

The extreme weakness in the U.S. housing industry has created a huge over-supply of OSB capacity with no other options or markets to pursue. This has led to below cost prices for much of 2009.

China forestry sector output totals $195 bln

China forestry sector output totals $195 bln, up 13% year on year

Record losses of Global Forest Products Industry in 2008

TORONTO, June 24 /CNW/ - The Top 100 Forest, Paper and Packaging (FPP) companies from around the world saw net income tumble from positive $13.8 billion in 2007 to record losses of $8.0 billion in 2008, the first time this metric has been negative since 1996, the date PricewaterhouseCoopers (PwC) began the annual PwC Global Forest, Paper & Packaging Industry Survey. This year's survey shows that:

Russia will not increase roundwood export duties

...for Finland

Wednesday, June 10th 2009:

Vladimir Putin just confirmed not to rise export duties on roundwood for Finland as long as the economic downturn crises lasts.

Both Governments concluded a bilateral timber trade commitment reports Business Support Bureau "Runa"


Monday, 10th of August 2009:

President Dmitry Medvedev called for “intensified talks” with Finland

Forest Products Industry CEO's on how to reboot global economy

Energy wood prices at same level as pulpwood prices

19th of May 2009: Hawkins Wright has published the first report about Forest Energy - The Forest Energy Monitor (Text from archive forDownload

A rescue plan for Canada's forest industry

To say that times are tough in the Canadian forestry sector is a gross understatement. With the U.S. housing collapse and global financial services meltdown, the sector has lost 50,000 jobs and more than 250 mills over the past two years.

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by Dr. Radut