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Forest products

Issue date: 
August 06, 2011

Warning on Ta Ann practices

A MALAYSIAN parliamentarian has visited Tasmania's native forests with a warning over timber company Ta Ann's business operations in his home country.

Issue date: 
August 7, 2011

GFC and the Forest Products Development and Marketing Council should join the global best practices in reporting

Dear Editor,

Issue date: 
August 6th, 2011

Softwood lumber dispute’s next round set to begin August 9

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.

Issue date: 
05/08/2011

Multi-million-dollar mahogany problem – illegal exports rival legal exports

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.
  
Issue date: 
1 August 2011

ITTO and Marubeni sign Agreement for REDD+ feasibility study in Brazil

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.

Issue date: 
Aug 01, 2011

Weyerhaeuser Completes Sale of Hardwoods Business

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, Ala.; Elkhart, Ind.; Grand Rapids and Lewiston, Mich.; Brainerd, Minn.; Coos Bay, Eugene and Garibaldi, Ore.; Titusville, Pa.; Arlington, Centralia and Longview, Wash.; and Dorchester and Onalaska, Wis.

Issue date: 
August 3rd, 2011

Tpt Forests New Zealand - market report

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 the primary reasons are due to high inventory/slowing demand or pricing being indexed to China, domestic log and processed product prices have decreased across all markets and general trading conditions have become far more challenging than earlier in the year.

Issue date: 
19 February 2011

Wood chip prices in Eastern Canada rise, fall in Western Canada

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 and Quebec, and five years ago the difference was almost C$100/odmt, according to the North American Wood Fiber Review.

A competitive disadvantage

Issue date: 
15 July 2011

Sir James Mitchell brings sustainable forestry investors to President Jagdeo

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 European based company operating in the Roraima state of Brazil included, Board Chairman Marcus Valentine and Operations Consultant John Edwards among others.

Issue date: 
Jul 28, 2011

Stora Enso Concludes Acquisition of the Majority of Packaging Company Inpac International in China and India

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 Qian’an in northern China for approximately EUR 13 million.

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by Dr. Radut