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Forest Talk | 10 years 3 months ago

  Domtar Corporation has announced that it has entered into an agreement to sell its forest products business to EACOM Timber Corporation for CDN$80 million plus elements of working capital estimated at CDN$30 to CDN$40 million. Domtar will receive 19% of the proceeds in shares of EACOM. The...

Vancouver Sun | 10 years 3 months ago

VANCOUVER — China's appetite for British Columbia lumber grew at a record pace in 2009 in volume and value, providing sawmillers here with a needed new market to counter stumbling American demand. Lumber exports to China hit 1.63 million board feet in 2009, more than twice the volume shipped in...

RUNA | 10 years 3 months ago

Business Support Bureau Runa monitors the Russian timber industry and the market for hot topics, news, expert opinion and relevant information and provides you with the most relevant and interesting information in the form of a free digest - to help you make the right business decision.   With...

PrintWeek | 10 years 3 months ago

Stora Enso has said it will "take weeks" to normalise all mill operations in Finland, following the end of a 16-day strike by the country's stevedores (dock workers) on Friday. */ /*-->*/ The strike prevented paper manufacturers from exporting their products, and the sector now faces a...

The Wall Street Journal | 10 years 3 months ago

JAKARTA—PT Medco Energi, Indonesia's largest private oil-and-gas producer, has scaled back plans for a large pulp and paper mill and other forestry investments in Indonesia's remote Papua province at a time of growing global concern over the impact of deforestation on climate change.

RISI | 10 years 3 months ago

  SAO PAULO, Mär. 22, 2010 (RISI) - The strong earthquake experienced by Chile on February 27th threatened many sectors of the country's economy and interrupted the supply of goods to international markets. Although Chile is mostly known as the largest copper producer in the world, it is also a...

Truro Daily News | 10 years 3 months ago

VANCOUVER, B.C. - British Columbia's forests minister says the outlook for the lumber sector in the province's Interior, ravaged by the mountain pine beetle, isn't as pessimistic as an industry report issued this week. Pat Bell was commenting on a forecast by analysts at Vancouver's...

Papernet SE | 10 years 4 months ago

The majority of Finland's paper manufacturing capacity has had to be shut down because of the stevedore strike. Stora Enso has closed more than half of its paper production in Finland, and UPM has stopped 15 of its 19 paper machines in the country.

Treehugger | 10 years 4 months ago

It takes time, sometimes decades, but people power can turn around seemingly unstoppable juggernauts. That seems to be what is happening with regard to Tasmania's old growth forests. For decades environmentalists have expressed their concern that these ancient forests, with all their attendant...

The Vancouver Sun | 10 years 4 months ago

The Feb. 27 Chilean earthquake did enough damage to that country's forest products industry to spark global shortages that are pushing prices higher in Canada. Damage to Chile's pulp mills appears to be particularly severe, knocking many mills out for months while damage is assessed and repaired...

Mongabay | 10 years 4 months ago

A survey of 78 forestry concessions in Peru found that 46 (59 percent) were in breach of their concession contracts, reports the International Tropical Timber Organization (ITTO). Monitoring conducted by Peru's Agency for Supervision of Forest Resources and Wildlife (OSINFOR) during 2009 found...

Cliamte Commercial | 10 years 4 months ago

The World Trade Organisation publishes an annual ‘World Trade Report’ which addresses issues and trends in trade, trade policy and multilateral trading.  The 2010 edition, to be published in July, will be ‘Trade in Natural Resources: Challenges in Global Governance“.

Absolute Truths | 10 years 4 months ago

  Coated Groundwood Price Increase- We have been projecting a second quarter price reversal in coated grades since early last fall. It has been our contention that a market turnaround could occur without additional capacity withdrawals – if producers would maintain a disciplined approach. In...

International Forestindustries | 10 years 4 months ago

Softwood lumber prices were up in both North America and Europe in the 4Q, but it was more the result of lower inventory levels and reduced production rather than an increase in demand, reports the Wood Resource Quarterly. The hot market for lumber last year was China, which increased imports...

RUNA | 10 years 4 months ago

A Moscow-based group of investors chose Jartek to deliver a sawmill for a Sawmill №1 that is to be constructed in Kazluk (Komi Republic, Russia). There were several international enterprises competing for this project, resulting in a long and tough bargaining process. For Jartek, the most...

RISI | 10 years 4 months ago

BARCELONA, Mär. 8, 2010 (RISI) - Both the European and North American paper industries are at a crossroads. Declining paper demand appears to be the big predicament but it is really not the only one nor the most important. History tells us that this is a transitory issue that will eventually run...

Reuters | 10 years 4 months ago

SANTIAGO, March 9 (Reuters) - Chile's key forestry sector may see exports fall by around 15 percent this year after a giant earthquake destroyed processing plants, an industry executive told the daily Diario Financiero. Chile is one of the world's top producers of cellulose used to make paper and...

RISI | 10 years 4 months ago

BRUSSELS, Mär. 9, 2010 (RISI) - REACTIONS TO THE emergence of e-readers from within the pulp and paper industry tend to come in one of two flavors: either i) a head-in-the-sand refusal to believe that anyone would want to read a book or newspaper on an electronic device, no matter how fancy,...

Swiss Info | 10 years 4 months ago

A strong franc and a weak market are chipping away at the Swiss timber industry. Sawmill owners say they fear a looming wood shortage and possible layoffs. The eastern regional branch of the country’s Wood Industry Association has urged private forest managers to harvest more trees to keep...

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by Dr. Radut