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Woodworking industry

Record losses of Global Forest Products Industry in 2008

TORONTO, June 24 /CNW/ - The Top 100 Forest, Paper and Packaging (FPP) companies from around the world saw net income tumble from positive $13.8 billion in 2007 to record losses of $8.0 billion in 2008, the first time this metric has been negative since 1996, the date PricewaterhouseCoopers (PwC) began the annual PwC Global Forest, Paper & Packaging Industry Survey. This year's survey shows that:

Russia will not increase roundwood export duties

...for Finland

Wednesday, June 10th 2009:

Vladimir Putin just confirmed not to rise export duties on roundwood for Finland as long as the economic downturn crises lasts.

Both Governments concluded a bilateral timber trade commitment reports Business Support Bureau "Runa"


Monday, 10th of August 2009:

President Dmitry Medvedev called for “intensified talks” with Finland

Forest Products Industry CEO's on how to reboot global economy

A rescue plan for Canada's forest industry

To say that times are tough in the Canadian forestry sector is a gross understatement. With the U.S. housing collapse and global financial services meltdown, the sector has lost 50,000 jobs and more than 250 mills over the past two years.

Short on biomass?

EPCOR Power 's Williams Lake, BC facility has used cheap wood waste from the local mills for the last 15 years to generate power.

However, the 6 mills around Williams Lake have halted production, the power plant is now employing most of the logging truck drivers in the area to scouring the nearby roadsides for piles of logging waste to keep their thermal plant fed. However, the 6 mills around Williams Lake have halted production, the power plant is now employing most of the logging truck drivers in the area nearby to scouring the roadside for piles of logging waste to keep their thermal plant fed.

British Columbia's newly released action plan for forestry calls for more of the waste wood left behind after harvesting to be used for biofuel. British Columbia's newly released action plan for forestry calls for more of the waste wood left behind after harvesting to be used for biofuel.

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by Dr. Radut