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The UNECE Market Review 2008 - 2009

The current economic crisis is hitting hard the forest products sector across the UNECE region, according to the UNECE/FAO’s Forest Products Annual Market Review 2008-2009.

Newfoundland and Labrador invests in sawmill industry

The province of Newfoundland and Labrador has recently invested in two sawmill companies: Holson Forest Products and Burton’s Cove Logging and Lumber Limited.

Forest Sector Downturn slowed in Q2 2009

Canada's forest, paper & packaging (FPP) sector continued to be negatively impacted by the global economic downturn during the second quarter of 2009.

Over 10,000 jobs already lost in Finnish forestry sector

Finnish forestry’s contribution to the national economy has dropped by half since the start of the new millennium.

Rising New Zealand Dollar a threat for wood processing industry

Wood processing company Winstone Pulp International says the rising New Zealand dollar is a major concern.

Sawlog prices near 5-year low globally

The Global Sawlog Price Index (GSPI) in the 2Q/09, increased for the first time since late 2007, reaching $68.87/m3. The Index, which is based on conifer sawlog prices in 19 key regions worldwide from 1995 to present, was still close to its lowest level in five years.

Forest Products Markets 2008/2009 Outlook

A couple weeks ago, the United Nations Economic Commission for Europe (UNECE) released its 2008–2009 Forest Products Annual Market Review (http://timber.unece.org/index.php?id=208).

Issue date: 
August 18, 2009

Two Forest Industry Projects to be postponed in Komi, Russia

Two large investment projects – included in the list of federal priority projects – were frozen in the Komi Republic with total investment volume amounting to some 70 bln RUR (EUR 1.7 bln). They being:

Russian sawmill to increase Pellets production

Start-up of pellet production at Sawmill 25 (Arkhangelsk region) has become the final stage of the sawmill’s modernization programme aimed at the whole technological process upgrading that has been realized since 2004.

China forestry sector output totals $195 bln

China forestry sector output totals $195 bln, up 13% year on year

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by Dr. Radut