Forest Shares in Finland increased by 33-99% over the past 12 months
Those who have invested in Finnish shares in the past year have made a great deal. The General index at the Helsinki Stock Exchange in Finland, has risen by 15 percent in one year and the charts are easy to find stocks that have risen 50-60 percent or more.
Finnish company Pöyry strengthens its presence in the Brazilian forest production chain
Pöyry, the Finnish-based multinational which occupies a prominent position in developing worldswide projects in the pulp and paper sector, agreed to buy 60% of Silviconsult, the second largest Brazilian company in the forest industry.
Södra invests in manufacturing of textile pulp and the production will be based on a production line at Södra Cell Mörrum currently producing pulp. - The demand of renewable wood-based textile fibers will increase by replacing the cotton fiber and oil-based synthetic fibers, said Gun
Reuters reported this week that Russia and the European Union struck a deal on Wednesday to phase out Russian export tariffs on raw materials.This is designed to smooth the way for Moscow’s entry into the WTO.
More detailed price information, including data broken down by felling type, is to be published by Finland’s forest industry in a bid to help timber sales.
Reduction of Russian timber duties after negotiations with WTO
Russia will reduce its wood tariffs probably within a year. Russia has given this promise to reduce timber dutis in negatiations to the European Commission in exchange for membership in the World Trade Organization (WTO) according to the Finnish TV Yle.
Cameroon Timber Tax Shows Problems Distributing REDD Payments To Locals
A new study finds a lack of transparency and corruption are reducing the impact of an initiative in Cameroon that channels a portion of national timber levies to rural forest communities. The study highlights the challenges of using a climate change pact to do something similar in forested regions around the world.
