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Forest products industry studies biomass impact
30.09.2008 | WORLD INDUSTRY NEWS | 43 views
An information provider for the forest products industry, has released a report examining the emerging biomass industry and how it could potentially affect U.S. timber supply and prices. The report, titled “The Emerging Biomass Industry: Impact on Woodfiber Markets,” examined whether...



Polish firms look eastward for fresh growth, profits
30.09.2008 | UKRAINIAN INDUSTRY NEWS | 66 views
As Poland’s economy matures, the country’s manufacturers and investors are looking next door to Ukraine and its 46 million potential consumers as a new source for high-growth rates.Ukraine’s largest European Union neighbor, Poland is using its advantages – a common border, history and...



Russia to change face of softwood trade
19.09.2008 | WORLD INDUSTRY NEWS | 52 views
Russia’s imposition of heavy export taxes on roundwood logs could see the last shipment of logs leave for Finland in late 2008 and alter the global trade of softwood sawlogs, according to Wood Resources Quarterly (WRQ).The US publication reported that Russian softwood log exports have...



South American industry has mixed year
19.09.2008 | WORLD INDUSTRY NEWS | 42 views
South American countries have experienced a mixed 2008, with wood exports rising and falling, according to the latest Tropical Timber Market Report.Brazil, Peru and Bolivia have all experienced a downturn in exports at some point during the year-to-date, with Brazil seeing a decline of 7...



Nordic firms announce structure changes
19.09.2008 | WORLD INDUSTRY NEWS | 46 views
Stora Enso and UPM-Kymmene have announced sweeping changes to their business structures as they look to remain competitive in the current market. Stora Enso plans to close operations with poor profitability, including the 170,000m³ per year Paikuse sawmill in Estonia, while...



Tax relief also for forest conservation
19.09.2008 | WORLD INDUSTRY NEWS | 40 views
There will be a follow up of the tax exemptions for timber trade proposed by the Finnish Government. The Government now intends to make forest conservation more attractive by means of tax relief. In the Government's budget session it decided that forest sales to...



Record timber sales as a consequence of tax exemptions
19.09.2008 | WORLD INDUSTRY NEWS | 42 views
The proposal of the Finnish Government at the end of July to introduce partial tax exemption for timber sales resulted in record sales in August. The quantity of timber sold from private forests attained record level, i.e. 5.3 million cubic metres. The Government's...



End of tax deduction for first thinning livens up timber sales in Finland in August
16.09.2008 | WORLD INDUSTRY NEWS | 35 views
The Finnish forest industry managed to purchase a total of 5.3 million cubic metres of wood from privately owned domestic forests in August. The industry’s wood supply situation remains dire even though the August purchase amount increased almost threefold from July. The aggregate...



Forests should be used for combating climate change
15.09.2008 | WORLD INDUSTRY NEWS | 38 views
The Nordic Ministers of Forestry have appealed for the use of forests in combating climate change. Ministers highlight the importance of improved forest management and increased use of wood-based products in the fight against climate change. In the statement of the...



Global timber markets impacted by Russian log export taxes
10.09.2008 | WORLD INDUSTRY NEWS | 64 views
With the impetus provided by the Russian government, which has implemented regulations that restrict open trade of logs, Russia is slowly transforming from being a large exporter of logs to an important producer of primary processed wood products, as reported by the Wood Resource...



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