Brazil

Jul 01, 2010 – Seattle, USA. June, 2010. Eucalyptus pulplog prices in Brazil have been very stable in the local currency and they have hardly changed at all since 2006, as reported in the Wood Resource Quarterly. In US dollar terms, on the other hand, wood fiber costs have increased substantially because of the strengthening of the Brazilian Real.

The US and Brazil have signed an agreement whereby US$21 million (£13.5 million) of Brazilian debt will be put into a fund for the protection of the country’s rainforest and tropical ecosystems.

The US has agreed that instead of paying back its debt, the money will be utilised to protect the Caatinga and Cerrado ecosystems and conserve the rainforest on the Atlantic coast. These three areas in Brazil are currently under threat of serious deforestation but do not receive as much attention or publicity as the Amazon region.

Brazilian Valonline reports today that Marcelo Castelli, director at Fibria Cellulose SA with eucalyptus plantings in the city Três Lagoas (In the state Mato Groso de Sul) will maintain the schedule for opening of the second line of factory in 2014.

The values of eucalyptus investments in Brazil are set to rise with the building of a new biomass power station, due for completion at the end of 2012.

The Dow Chemical Company will develop the power generation system at its Aratu Complex production facility, where it will operate alongside the company's other fuel production methods already undertaken there.

An international technology company has received an order to supply another timber product processing system to the MDF plant of Arauco do Brasil SA.

The technology group, Andritz, has been contracted by the company to provide a third pressurised refining system at the plant in Jaguariaíva. It is the 11th such system that the company has provided to MDF manufacturers in the company, indicating the robust health of the timber product market.

A controversial bill environmentalists say could increase deforestation in the Amazon rainforest moved a step forward to becoming law in Brazil after winning approval in Brazil's lower house of Congress.

The measure, which has been hotly debated for months, next goes to the Senate where it is expected to pass, before heading to President Dilma Rousseff, who has vowed to veto any bill that grants amnesty for illegal deforestation. The bill includes such a measure, although it could be subject to change before a final decision by the president.

FINLAND, Sep 1, 2011 Pöyry's Industry Business Group has been awarded services contract by Suzano Papel e Celulose for the Engineering, Procurement and Construction Management (EPCM) services for the Balance of Plant (BOP), and the Owners' Engineering services during the project implementation. The parties have agreed that the value of the assignment is not disclosed.

Just three years ago, the manmade fires here were so fierce smoke would blot out the Amazon sky, turning the days dark. Towering rainforest trees exploded in flames, their canopies cleared to let pasture grow for cattle.

(REUTERS) - An international fund to protect the Amazon forest launched by Brazil in 2008 has gotten bogged down in red tape and donors are frustrated their $466 million contributions are hardly put to use, a Norwegian official said.

Bunge Limited today announced it is participating in a project that will avoid approximately 30 million metric tons of CO2 emissions and generate carbon credits through the preservation of 70,000 hectares of native forest in the Amazon biome.

A new system to calculate the amount of greenhouse gases generated by deforestation in Brazil’s Amazon jungle region has come at a good time for assessing the effects of the reform of the country’s forest code.

The new satellite system optimises government monitoring of forests.

Brazil's Attorney General Office has taken legal action against a deal signed between an Irish company and an Amazon indigenous group for the sale of carbon credits from avoided deforestation.