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Forest products

Issue date: 
August 18, 2009

Two Forest Industry Projects to be postponed in Komi, Russia

Two large investment projects – included in the list of federal priority projects – were frozen in the Komi Republic with total investment volume amounting to some 70 bln RUR (EUR 1.7 bln). They being:

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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.

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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.

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Fibre costs were 53% of the total pulp production costs

The largest cost component when manufacturing wood pulp is the cost of wood fiber. In the 1Q/09, this cost was 53% of the total production cost worldwide. Both the relative and nominal cost of wood have declined the past year; wood fiber costs in the 2Q/09 were at their lowest levels in over two years, according to the Wood Resource Quarterly.

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Kimberly-Clark commits to use 40% of FSC certified fibre by the end of 2011

OTTAWA - The environmental group Greenpeace has ended its long campaign against Kimberly-Clark after the Kleenex maker agreed to change its forestry practices.
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Timber carrier hijacked - is lumber worth doing this now?

Tuesday, 11th of August 2009: An international maritime hunt is underway for a missing cargo ship which is thought to be the first hijacked vessel to be sailed through the English Channel in modern times.

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US South reports lowest wood fibre cost in the world

2009-07-22  Pulpmills in the US South had some of the lowest wood fiber costs in the world in the 2Q/2009, reports the Wood Resource Quarterly.

The US South has the largest pulp industry in the world and this industry has enjoyed low wood raw-material costs for a very long time. This trend continued in 2009, with wood chip and pulpwood costs that were substantially lower than global average costs, according to the Wood Resource Quarterly.

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China stimulus plans to push global Pulp&Paper?

 

LONDON, Jul. 23, 2009 (RISI) - Recent weeks have seen the first signs of a hoped-for trickle down effect on the pulp and paper industry from China's massive economic stimulus package.

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EU grants € 4.5 million to EFI in order to push FLEGT

Markus Sommerauer - Tue, 14/07/2009 - 10:50

June 23, 2009: European Commission contributes € 4.5 million to EU FLEGT Facility hosted by EFI to fight illegal logging

European Paper & Board consumption minus in 1Q 09

Paper and board deliveries by CEPI countries were 21.7 million tonnes in the first quarter of 2009 as demand continues to be affected by the economic situation

Consumption and trade in paper and board contracted further during the first quarter of 2009 as the global economic downturn continued to affect the industry. Consumption was at its lowest quarterly level since 2003 and total exports fell below 3 million tonnes in a quarter for the first time since this report was introduced.

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by Dr. Radut