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Timber Community | 9 years 11 months ago

PwC release the Net Earnings Summary Q1 2011. The quarterly report is prepared by PwC from financial statements issued by the companies. The summary identifies trends in performance by comparing financial results with previous periods. Key highlights include: Canada: Most Canadian forest and...

International ForestIndustries | 9 years 11 months ago

The Brazilian computerised system for data recording in timber operations and trade called “Document of Forest Origin” (DOF) will be shared with other Latin American countries and also with South Africa, China and Russia according to the Brazilian Institute of Environment and Natural Resources (...

International ForestIndustries | 9 years 11 months ago

Wood costs, which account for up 70 percent of production costs when manufacturing pulp, have gone up worldwide the past two years, according to the market report Wood Resource Quarterly. The Global Wood Fiber Price Indices were back to pre-financial crises levels in the 1Q/11.

International ForestIndustries | 9 years 11 months ago

Wood costs, which account for up 70 percent of production costs when manufacturing pulp, have gone up worldwide the past two years, according to the market report Wood Resource Quarterly. Much of the increase has been the result of higher wood fibre costs which, depending on pulp grade and region,...

International ForestIndustries | 9 years 11 months ago

High inventory levels in Chinese ports have now converted to a lowering of in-market (CFR) pricing for New Zealand logs. A similar situation occurred this time last year when China was importing what were then record volumes of logs. In the January to April 2011 period China imported over 9 million...

PaperIndex Times | 9 years 11 months ago

OTTAWA, Canada -- The Government of Canada today officially launched the second and last Call for Proposals under the Investments in Forest Industry Transformation (IFIT) program. The IFIT program aims to support Canada's forest sector in becoming more economically competitive and environmentally...

Timber Community | 9 years 11 months ago

In the last quarter, the price decline that began in the first quarter continued reports Swedish sawmill company Bergs Timber in its interim report.

Press Release | 9 years 11 months ago

Copenhagen, Denmark, June 11, 2011 --(PR.com)-- Greenwood Management ApS, a Denmark-based sustainable forestry investment firm, has revealed that it is in the final stages of its project to grow Balsam and Fraser Fir trees in New Brunswick, Canada. The firm has “aligned activities in order to...

Paperindex Times | 9 years 11 months ago

Helsinki, Finland, Jun 29, 2011 - M-real Corporation, a part of Metsäliitto Group, has entered into an agreement to divest to UPM-Kymmene Corporation its 35% holding in Myllykoski Paper and the capital loan M-real has granted to Myllykoski Paper. Consequently M-real books in its 2Q 2011 result...

Timber Community | 9 years 11 months ago

Last year global demand for softwood lumber increased by more than 10 percent after having hit a 50-year low in 2009. The rise in demand has pushed lumber prices in North America, Asia and Europe to their highest levels in ten months, reports the WRQ.

Paperindex Times | 9 years 11 months ago

Sweden,Jun 28, 2011 - SCA is acquiring 50 percent of the Turkish hygiene products company Komili from Yıldız Holding, which is the largest food group in Turkey. The purchase consideration corresponds to SEK 308m on a debt-free basis.

Timber Community | 9 years 11 months ago

Pulpwood prices in Western US were up almost 50 percent in 2Q/11 compared to 2Q/10, while wood prices were unchanged in the US South, reports the North American Wood Fiber Review. Wood costs for pulp mills in Western US have increased over the past 12 months, reaching their highest level since...

International Forestindustries | 9 years 11 months ago

Prices in the market for New Zealand radiata logs have moved downwards this month. Inventory levels in China have swelled. Record numbers of logs have entered Chinese ports in the past three to four months and more are expected to arrive as Russia and North America approach peak production. New...

Paper World News | 9 years 11 months ago

M-real Oyj has signed an agreement to divest the entire share capital in M-real Hallein GmbH to the Schweighofer Group. M-real Hallein GmbH assets consist of the Hallein pulp mill, bioenergy plant, paper mill closed in 2009 and the surrounding estate. The pulp mills annual capacity is...

The Sydney Morning Herald | 9 years 12 months ago

THE reshaping of Tasmania's forests industry is set to reach a milestone with the sale of a strategic Gunns woodchip mill. Local buyers are believed to have paid about $10 million for the mill, a sale that Gunns said was contingent on ''satisfactory progress'' of a forest peace deal between...

International Forest Industries | 9 years 12 months ago

Available capacity and a favourable exchange rate has allowed North American exporters to compete strongly for market share in China. In the four months to April 2011, North America increased its market share to 18% from 7% a year ago. New Zealand’s market share increased from 25% to 28%. The...

International Forest Industries | 9 years 12 months ago

In late 2010, the Russian government announced it would reduce the log export tax if and when Russia joins the WTO. No specifics about the proposed reduction were provided by the Russian government, and no further information has been made public. What is the current status of the proposed export...

Globe News 24 | 10 years 3 days ago

JAKARTA (AFP) – Greenpeace on Wednesday accused Mattel, the US maker of Barbie dolls, of contributing to the wanton destruction of carbon-rich Indonesian forests and habitats of endangered species like Sumatran tigers. The environmental group said packaging used in Barbie and Ken boxes...

RUNA | 10 years 3 days ago

The Sakha Republic had signed several documents on cooperation with China focusing mainly on timber extraction and processing but the two sides were also discussing joint oil and gas exploration projects according to China Daily last week. Yegor Borisov said the focus of these documents was...

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by Dr. Radut