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Stora Enso sells out in North-America
26.09.2007 | WORLD INDUSTRY NEWS | 609 views
The big Finnish-Swedish forest industry group Stora Enso has signed a contract for the sale of its paper manufacturing plants in North-America. The aggregate sales price is 2.52 billion dollars, i.e. 1,816 million euro. The buyer is Newpage Holding, which is a big North-American player in...



Severe bark beetle attacks in Sweden
24.09.2007 | WORLD INDUSTRY NEWS | 614 views
A comprehensive survey made by the Swedish Forest Agency indicates that spruce bark beetles have attacked and destroyed about 800,000 cubic metres of standing forest in Southern Sweden. Not later than 15 August the storm felled timber should have been removed from...



Canada: Huge drop in timber supply predicted
21.09.2007 | WORLD INDUSTRY NEWS | 607 views
The latest timber supply analysis that models the impacts of the pine beetle epidemic released by the Ministry of Forests suggests that the mid-term timber supply could drop to 20.5 to 25.1 million cubic metres in the B.C. Interior.That's a 33 to 45 per cent drop from the original timber...



Brazilian furniture producers shift focus to flooring
21.09.2007 | WORLD INDUSTRY NEWS | 716 views
Brazilian news reports have showed that export-oriented, high-quality wood furniture manufacturers have looked for alternatives to compensate the loss of its share in the North American market. The innovations introduced in furniture products, which were used to overcome the negative...



Law against illegal logging to be made tougher
18.09.2007 | WORLD INDUSTRY NEWS | 658 views
The National Forestry Act, 1984 will be amended soon to ensure more effective prosecution of illegal loggers and those who buy illegally felled timber.  Under amendments to be made soon, those suspected of carrying out illegal logging would have to prove that the timber was...



Brazilian wooden furniture exports reduced to $149.7 million in January-July 2007
17.09.2007 | WORLD INDUSTRY NEWS | 587 views
Brazilian export-oriented, high-quality wood furniture manufacturers have looked for alternatives to compensate the loss of its share in the North American market, ITTO reported. The innovations introduced in furniture products, which were used to overcome the negative effect of...



Central/West Africa: Log prices hold steady through August
11.09.2007 | WORLD INDUSTRY NEWS | 658 views
Log prices held steady through August, marking a rebound from weaker price trends in July. Only two or three downward adjustments in price were recorded, due to changing supply and demand. Price stability was assisted by the slight improvement in demand from China, although demand was...



Forest fires wreak more destruction
06.09.2007 | WORLD INDUSTRY NEWS | 621 view
Eight people have been killed and more than 20,000ha of trees lost in forest fires in Algeria.The fires are raging in 19 regions of northern Algeria. The level of forestry destruction the is thought to be the worst since 1983, with olive groves, pine trees, oaks and cedar affected...



Industrial production in Estonian wood industry increased 3% in July 2007
04.09.2007 | WORLD INDUSTRY NEWS | 631 view
In July 2007 the industrial production in Estonia increased compared to July in the previous year but decreased compared to June of the present year. Compared with the beginning of the year the growth rate has slightly slowed down in industry. The wood industry, which had been decreasing...



Illegal logging costs New Zealand millions
04.09.2007 | WORLD INDUSTRY NEWS | 635 views
Illegal logging is costing New Zealand wood producers hundreds of millions of dollars in the global marketplace, Forestry Minister Jim Anderton said.The Government is to consult industry, importers, and retailers on a proposal to introduce rules ensuring wood products sold within New...



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