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Forest products

Norske Skog to sell Hebei mill in China

Sept 24 2009  Norske Skog has entered into an agreement with Chinese Shandong Huatai Paper to sell Norske Skog Hebei mill in Zhaoxian, China. The price is around 800 million Norwegian Kroner.

GLV to Purchase the Shares of Austria-Based Christ Water Technology AG (CWT)?

MONTREAL, Sept. 22 /CNW Telbec/ - (All amounts are in Canadian dollars unless otherwise indicated.) GLV Inc.

China is the major importer of forest products globally

Imports of Logs, Lumber and Pulp to China Increased Substantially in the 2Q/09 as the Country’s Economy Grow by Almost 8%, Reports the Wood Resource Quarterly.
China became the major import destination for many globally traded forest products in 2009. The country is the world’s largest importer of wood pulp and logs, and was the 2nd largest importer of softwood lumber in the world in the 2Q/09, reports the Wood Resource Quarterly.

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.

Brazil Pulp Production up in 2008

Brazil increased pulp production in 2008 by about eight percent. Wood fiber costs have remained unchanged in the local currency in the 2Q/09 but were eight percent higher in US dollar terms as compared to the previous quarter, according to the Wood Resource Quarterly.

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.

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).


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by Dr. Radut