November 2009

Jartek Oy is one of the leading Finnish producers of sawmilling machinery, drying kilns, equipment for thermal modification of wood. The company has been operating in the Russian market since 1970-s.

World crisis affected more or less all actors in the market. How would you characterize the current situation?

SAO PAULO, Nov. 2, 2009 (RISI) - I've written a lot lately about the surge in biomass energy plantation investment in Brazil, but there has also been a strong expansion in eucalyptus pulpwood plantations in recent years. This expansion in plantations for pulpwood production is a key indicator of future expansion plans for the Brazilian pulp sector, and offers some interesting new opportunities for timberland investors. So I'm looking forward to RISI's upcoming Latin America Pulp and Paper Outlook Conference in Sao Paulo November 15-17 (http://www.risi.com/la_conf/), where I'll have a chance to chat with pulp producers from Brazil (and Mexico, Colombia, Argentina, etc.) about what's happening in their rapidly developing plantation programs.

The EU is reportedly willing to begin its funding next year, although a new global climate deal replacing the Kyoto Protocol is not expected to become effective before 2013. The new EU move is an attempt to signal willingness to reach a global deal at the UN climate conference in Copenhagen in December.

According to the web edition of the Danish daily, Politiken, the European Union suggests a global sum of annually five to seven billion euro during the period 2010-2012. EU expects to fund around a third of the total amount.