Finland, Aug 29, 2012 - Forest industry production volumes decreased or remained unchanged in a challenging operating environment during the first half of 2012. The industry's cost-competitiveness must be safeguarded in difficult economic times.
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Falling shipping rates are boosting returns on exports and are providing some offset to the high New Zealand dollar. The Baltic Dry Index has fallen 41% compared with this time last month. It is also 39% lower than where it was one year ago. The Baltic Handy Sized Index is falling at a similar rate...
Softwood sawlog prices continued their slide throughout the world in the 2Q/12, and the Global Sawlog Price Index (GSPI) was down for the fourth consecutive quarter to $82.90 per cubic meter, according to the Wood Resource Quarterly (WRQ). The Index, which is based on sawlog prices in 20 regions...
New record fiber shipment volume in Q2 Earnings at the level of the 2010 financial year Guidance adjusted to current market expectations The Lenzing Group performed very well in the first half of 2012 against the backdrop of a difficult market environment. The ambitious business targets were...
The Forest Stewardship Council (FSC) is set to address how best to operate a timber product certification scheme in the context of the EU Timber Regulations (EUTR). The FSC has published a question and answer document asking key questions about the matter in a bid to clarify points like whether or...
Members of the Helsinki-based International ThermoWood Assn. (ITWA) sold 19.2% more product by volume in 2011 than the year before, following on from a year-over-year upswing of 24% in 2010, Euwid reported on 11 July. The total volume sold in 2011 was 109,757 m³. Thermally modified wood sales have...
The Special Committee on Timber Supply today released its unanimous report making 22 recommendations to increase the supply and value of mid-term timber and to strengthen future forest management in the B.C. Central Interior. This region of the province has been hit hard by the current mountain...
The tough market for sawn timber is expected to continue over the next 15 months. Australian producers face increased pressure from imports as a result of the high Australian dollar and a global surplus of timber. This comes at a time when the Australian housing market is rather sluggish and...
If China succeeds in achieving one of its goals in the current five-year plan, 80% of its more than 1.3 billion residents will read books or periodicals by 2015. To accommodate that target, China details in its 12th Five-Year Plan period (2011-2015) that the nation will “accelerate the construction...
The global pulp market is mired in uncertainty: uncertainty when China will move into buying mode, uncertainty about where the European economy is heading and uncertainty if low spot prices for softwood market pulp will push pulp mills in Europe and North America to take market-related downtime.
WASHINGTON — As a member of the “Gang of Six,” Senator Mike Crapo of Idaho has emerged as something of a hero among advocates of bipartisanship, one of three conservative Republicans working with three Democrats to cut the deficit by closing loopholes that allow businesses and households to avoid...
The British Columbia Lumber Trade Council (BCLTC) responded today to the decision by the London Court of International Arbitration that Canada and British Columbia were not in breach of the Softwood Lumber Agreement (SLA) in the pricing of British Columbia timber. “We are extremely pleased with the...
Austria, Jul 23, 2012 - Lenzing AG, global market leader for man-made cellulose fibers, is intensifying its longstanding cooperation with the paper and pulp group Sappi. Both companies have concluded a multi-year pulp delivery contract at comparable terms and conditions with pricing linked to paper...
Last year, Ontario unveiled a new “Ontario Wood” program to promote Ontario grown wood to consumers. The program is modelled after the highly successful Foodland Ontario brand and promotes the benefits of buying high-quality Ontario wood products while raising awareness of the sustainability of the...
Wood costs for many European pulp mills have fallen the past six months as the pulp market has weakened. In the Nordic countries, pulplog and wood chip prices have fallen 11-15 percent from last spring, according to the Wood Resource Quarterly. Despite the price decline, Europe continues to have...
With the introduction of the EU Timber Regulation (EUTR) only months away, PEFC UK hosted a Stakeholder Meeting in London on the 26 June, with the central theme of mitigating risk in procuring forest products. The first in an annual opportunity for the sustainable products community to come...
Weyerhaeuser Company (NYSE: WY) today announced its preference for purchasing wood that is certified under the American Tree Farm System®. This decision aligns with the company's commitment to responsible fiber sourcing. For more than 89,000 family forest owners sustainably managing 27 million...
The B.C. forest products industry is pleased to recognize the openings and events of three wood demonstration projects in the province this week - North Shore Credit Union Environmental Learning Centre, Elkford Community Conference Centre and City of North Vancouver Civic Centre Renovation. The...
Project Leaf will also support enforcement agencies in countries with the biggest forest crime problems, the state-funded BBC reported. "Project leaf will ensure these global laws [international legislation to protect forests and curtail illegal logging] are supported by global enforcement and...
The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices, reports the Wood Resource Quarterly. Reduced global demand for lumber has resulted in a reduction in the Global Sawlog Price Index by almost nine percent...