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...
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...
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 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...
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
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...
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...
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...
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 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...