IFC, a member of the World Bank Group, will provide a $6 million loan and advisory services to veneer and plywood producer SLV Bolivia to support a business model that sources wood from sustainably managed natural forests and strengthens indigenous community enterprises.
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This report provides a number of illustrated maps giving an overview of the timber trade flows in Cambodia, China, Laos, Myanmar, Thailand, and Vietnam and their respective trading partners. The maps provide information on the import and export in value as well as volume (RWE). In addition, there...
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As part of FLEGT Asia’s information collection role, a number of forest governance, markets and trade Baseline Studies have been carried out in the region. This study is done for China. Please click here to download in English Language. Keywords: International forest products markets, c. National...
A MALAYSIAN parliamentarian has visited Tasmania's native forests with a warning over timber company Ta Ann's business operations in his home country. Baru Bian from the Justice Party in Sarawak, Malaysia, was in Hobart yesterday speaking about Ta Ann and a subsidiary company, Gran Perfect. Ta Ann...
As part of FLEGT Asia’s information collection role, a number of forest governance, markets and trade Baseline Studies have been carried out in the region. This study is done for Lao PDR. Please click here to download in English Language. Keywords: International forest products markets, c. National...
On August 9, the United States will makes its case to the London Court of International Arbitration that British Columbia is subsidizing timber prices for pine-beetle damaged trees. The London Court of Arbitration is the body Canada and the U.S. selected as the final level of appeal for disputes...
The 42% rise in illegal logging activities reported inside the Chiquibul Forest in western Belize may finally get Government’s attention now that a dollar figure of $15 million has been put to the amount of illegal exports of mahogany and cedar leaving the country for next-door Guatemala.
Over recent weeks, export log markets have continued to react to oversupply with inventories building and softening prices. This situation of supply being well out of balance with demand is now very pronounced in China and India, and to a lesser extent in Korea and Japan. Irrespective of whether...
FEDERAL WAY, Wash., USA, Aug 01, 2011 - Weyerhaeuser Company (NYSE: WY) today announced it has completed the sale of its hardwoods business to American Industrial Partners. Total proceeds from the sale will be approximately $108 million. Assets included in the transaction are located in Tuscumbia...
Makoto Sato, General Manager of Marubeni's Global Environmental Projects Department, and Emmanuel Ze Meka, ITTO Executive Director, signed an Agreement on 29 July 2011 at ITTO Headquarters in Yokohama, to conduct a REDD+ feasibility study in the State of Acre, Brazil. The initiative is funded by...
For most of the past 20 years, pulp mills in Western Canada have had lower wood fiber costs than pulp mills in the Eastern provinces. In fact, one year ago, pulp manufacturers in British Columbia paid almost C$60/odmt (Oven Dry Metric Tonne) less for softwood chips than did pulp mills in Ontario...
Former St Vincent and the Grenadines Prime Minister Sir James Mitchell renewed his acquaintance with President Bharrat Jagdeo during a courtesy visit today. He was accompanied by a team of investors in sustainable forestry, interested in Guyana. The team from the F.T.I Timber Growth Fund Limited, a...
Helsinki, Finland, Jul 28, 2011 - Stora Enso has completed the acquisition of 51% of the Chinese packaging company Inpac International as announced on 27 October 2010. The enterprise value of the company is EUR 80 million. Stora Enso will also purchase the production plant site and buildings at...
The rapid development of China’s paper industries is highlighted in the latest edition of the ‘Paper Contract with China Report’ from APP-China. The emergence of high-growth paper companies in the developing countries of Asia, and particularly in China, is redefining the global pulp and paper...
The final report of the Support study for development of the non-legislative acts provided for in the Regulation of the European Parliament and of the Council laying down the obligations of operators who place timber and timber products on the market (often referred to as the EUTR Support Study)...
JOHANNESBURG, South Africa, Jul 20, 2011 - After an exhaustive search for possible purchasers for its Biberist mill in Switzerland, Sappi Fine Paper Europe has today announced that it has been unsuccessful in its attempts to find a suitable acquirer to allow continued operations and employment at...
Seattle, USA, Jul 18, 2011 - Global demand for wood fiber for both pulp manufacturing and renewable energy increased during 2010 and 2011.Worldwide trade of wood chips in 2010 was up 24 percent because of increased production of pulp and paper products worldwide; China showed the greatest growth in...
Finland, Jul 20, 2011 - The EU Commission has published its proposed amendment to the Sulphur Directive, which would lead to the maximum sulphur content of maritime fuels being lowered to 0.1% on the Baltic Sea by the beginning of 2015.
China’s total wood demand is anticipated to keep growing from 250 million m3 in 2010 to 350 million m3 by 2015 (a conservative projected growth rate of 8% per year), possibly moving as high as 450 million m3 by 2020.