Forest products

New Forests announced yesterday that it has completed an agreement to purchase Gunns’ sawmilling, sales, and distribution business from the Receiver, KordaMentha. New Forests will acquire all the assets of Gunns Timber Products (GTP), including the Bell Bay and Tarpeena sawmills.

Södra and Mayr Melnhof Karton have signed a Letter of Intent where Mayr Melnhof Karton intends to purchase 100% of the shares in Södra Cell Folla AS and thereby take over Södra’s pulp mill in Follafoss.

With their recent burst of enthusiasm Chinese buyers are now feeling more positive about 2013 prospects, with the common perception that the newly announced Government Leaders have little choice but to modestly stimulate the economy while new policy is put in place.

Mondi Syktyvkar in Komi, Russia was recently awarded the EU Ecolabel for all papers produced at the mill. The EU Ecolabel is a certificate issued by the European Union, which verifies the environmental profile of a product or service.

f Vietnam wants its timber producers to benefit from the growing eco-conscious and more lucrative international furniture market, national forest institutions should look for ways to get smallholder plantation forests certified, said Louis Putzel, a senior scientist at the Center for Internationa