The New Zealand sawmilling industry has endured a major ongoing consolidation over the last decade. Most global sawmilling sectors have suffered closures and consolidation, but probably not on the acute scale experienced in New Zealand. A new DANA Review of the N.Z.
Forestry report urges province to manage carbon storage
Maximizing the carbon stored in B.C.'s forests could provide benefits both economically and environmentally over the long-term, says a new report, Managing B.C.'s Forests for a Cooler Planet.
As 2009 came to a close, Canfor Corp. announced it would invest $16 million to upgrade its Chetwynd sawmill for a planned re-opening this spring.
After a 20-month shutdown, the restart will put about 70 people back to work.
BRAZZAVILLE (Reuters) - Congo Republic's biggest logging firm has almost halved its workforce because the global recession has cut demand for wood products, the firm said on Tuesday.
Global softwood lumber markets were mixed in 2009 - up in China and Africa, while slow in the US
(SkyNewswire.com)--- Seattle, USA. Softwood lumber markets continued to be weak in Japan and the US during the 3Q/09, but have improved in Europe and, surprisingly, northern Africa, according to the Wood Resource Quarterly.
New Zealand 2010: Timber shortage expected to bump up prices by 10%
The cost of building timber will rise by up to 10 per cent from next month due to a severe supply shortage and booming international demand for New Zealand pine.
A report published Tuesday by PricewaterhouseCoopers found that the Canadian forest and paper industry lost $632 million in the third quarter of 2009, exceeding the $552 million reported in the same quarter of 2008.