The New Zealand sawmilling industry has endured a major ongoing consolidation over the last decade. Most global sawmilling sectors have suffered closures and consolidation, but probably not on the acute scale experienced in New Zealand. A new DANA Review of the N.Z.
Chinese to buy a stake in Canadian viscose rayon fibre producer
China's largest producer of rayon fibre has bought an ownership position in a northern Vancouver Island pulp mill, providing it with needed capital and assured access to the Chinese market.
Satellites being used to track illegal logging, rosewood trafficking in Madagascar
Analysts in Europe and the United States are using high resolution satellite imagery to identify and track shipments of timber illegally logged from rainforest parks in Madagascar. The images could be used to help prosecute traders involved in trafficking and put pressure on companies using rosewood sourced from Madagascar.
Sino-Forest Signs Long-term Master Agreement to Acquire Trees in Guizhou Province
TORONTO, Jan. 28 /CNW/ - Sino-Forest Corporation (TSX: TRE) ("Sino-Forest"), a leading commercial forest plantation operator in China, announced today that its wholly-owned subsidiary, Sino-Panel (China) Investments Limited has entered into a Master Agreement for the Purchase of Pine and Chinese Fir Plantation Forests (the "Guizhou Master Agreement") with Guizhou Sen Li Industry Company Limited ("Guizhou Sen Li"), which will act as the authorized agent for the original forest rights holders.
Swaziland: Sappi in talks with potential buyers for closed Usutu business
Paper and pulp producer Sappi, which is in the final stages of closing its Usutu operations, in Swaziland, has received approaches from several interested buyers, but it could not disclose the nature of the bids at this stage.
MALAYSIA'S timber products will use the "green lane" to the European market next year, in line with the implementation of the European Union's (EU) timber trade legislation, says the EU ambassador Vincent Piket.
Malaysia is undertaking a bilateral voluntary partnership with the EU under its Forest Law Enforcement, Governance and Trade (FLEGT) Action plan to ensure that only licensed and certified timber enter the EU markets.
Vyborgskaya Cellulose and Ekman & Co collaborate on the world's largest wood pellet plant in Russia
Moscow. Jan 26, 2010. /Lesprom Network/. Vyborgskaya Cellulose is building the world's largest wood pellet plant at its facility in Russia near the border with Finland. Production capacity will be over 900,000 tons per year.
Russian Prime Minister Vladimir Putin has decreed that a paper mill on the shores of Siberia's Lake Baikal can restart production despite years of complaints about pollution of the world's largest freshwater lake.
Paper and pulp producer Sappi’s Finnish subsidiary, Finland I Oy, announced on Thursday that it would permanently close its 137-year-old 210 000-t/y Kangas paper mill by early 2010.
In October, the subsidiary reported that it could close the mill, which employed about 150 people, owing to an overcapacity of coated magazine paper in Europe.
