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Saw milling industry

Issue date: 
Aug. 16, 2010

Real Wood Floors: Going Green Can Be a Work of Art

ST. LOUIS, Mo., Aug. 16 /PRNewswire-USNewswire/ -- There is no doubt that solid strip oak floors are still the overwhelming preference for most homeowners in the United States, and the reason is clear. Wood floors offer the most environmentally friendly flooring option available on the market. But wood floors are much more than just another green product; they also can be beautiful works of art.

Issue date: 
10 August 2010

China, Emerging Markets To Fuel Chile's Forestry Industry

SANTIAGO -(Dow Jones)- Increasing demand from China and other emerging Asian markets will drive Chile's forestry industry in coming years, said a panel of industry executives Tuesday.

Chile's forestry sector, which produces wood boards, plywood and pulp, accounts for 8% of global forestry exports. It is also the Andean nation's second-largest exporting industry, just behind mining, and contributes 3% of the country's gross domestic product.

Issue date: 

Growth in timber exports from Brazil

Recent data on the Brazilian timber industry reveals that exports of timber products from the country (excluding pulp and paper) were at US$206 million in June, up a healthy 19 per cent on the previous year.

During the same period, exports of tropical sawnwood fell in both volume and value terms, however, to 38,500 cu.m and US$17.9 million, a decrease of 4.7 per cent in volume and 3.8 per cent in value terms on 2009.

Issue date: 
August 5, 2010

Lumber supply, employment in B.C. will feel mountain pine beetle’s bite

One of the major clouds hanging over British Columbia’s economy and forest products industry is uncertainty about the mountain pine beetle epidemic.

To date, the pine beetle has killed an estimated 50% of the province’s mature lodgepole pine.

In a recent economic analysis that focused on the pine beetle epidemic, Central 1 economist Bryan Yu noted that over the past 90 years there have been four or five major mountain pine beetle infestations.

Issue date: 
August 2nd, 2010

30% wood harvest expansion projected for Chile

Chile’s forestry industry could increase wood production over 30% in the next fifteen years, as the sector significantly expands its land holdings, Hans Grosse, head of state forestry agency Instituto Forestal (Infor), said.

Issue date: 
Aug 2, 2010

Government of Canada Launches Investments in Forest Industry Transformation Program

The Investments in Forest Industry Transformation (IFIT) program was launched today by the Government of Canada.

The $100-million program will help to expand opportunities for Canada’s forestry sector through the development of innovative projects and technologies.

The Honourable Christian Paradis, Minister of Natural Resources, launched the program today in Ottawa and made a call for proposals that could receive IFIT funding.

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Ireland calls for timber to be included in offsetting scheme

The Irish Parliament is calling on the EU to agree that the country can used forest carbon sinks to offset its non-Emissions Trading Scheme (ETS) emissions.

Issue date: 

Brazilian timber output halves in 10 years

Ten-year figures for the Brazilian timber industry show that production in the Amazon has fallen by 50 per cent.

The figures were published in a study carried out by the Brazilian Forest Service (SFB) and the Institute of Man and Environment (Imazon), entitled 'Logging Activities in the Brazilian Amazon.'

They show that in 1998, roundwood production in the region was 28.3 million cubic metres while the figures for 2009 show total production to be only 14.2 million cubic metres.

Issue date: 
26 July 2010

Export duties on roundwood: Russia vs. EU

According to the Ministry for Foreign Affairs of Finland, Russia is to come to the terms in the field of export duties on roundwood. Moreover, Russia itself offered the EU to significantly increase  export duties on deciduous wood.

Russia is ready to increase export duties by tens %. It will mostly concern birch that is widely used in the Finnish industry, whereas in Russia this kind of wood is not practically processed by the Russian companies.

Issue date: 
July 22, 2010

That’s Billion Dollars, With a “B”

Most dividend announcements are in the range of pennies to several dollars, so when a company declares a special dividend of USD 5.6 billion, it tends to grab your attention, and that of shareholders.


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by Dr. Radut