Forest products

SCA has made a binding offer to acquire the Taiwan-based hygiene products company Everbeauty. The purchase price for the deal amounts to approximately SEK 1.9bn (USD 290m) on a debt-free basis.

Paper and pulp group Mondi on Thursday made an all-cash offer of €16.48 a share for the 17-million shares (34%) it does not already own in its Polish operation, Mondi Swiecie.

Forest acquired in January from private forests 2.6 million cubic meters of wood. In January, the purchased amount of trees felled by storms was estimated at 1.5 million cubic meters.

Storm damage was very localized and do not have a significant impact on the industry's annual use of wood. The storm effects were greatest in south-western Finland, where the timber trade took place livelier many times over the previous January.

(MoneyMorning, Feb 1, 2012) - Chances are you've never considered timber stocks in your investing strategy.

But if that's the case, then you've been missing out.

Timber is a long-term investment that can reward your portfolio in good times, and protect it in bad.
 

Reduced activities in the housing construction sector in China decreased importation of softwood logs and lumber in late 2011, reports the Wood Resource Quarterly.