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Tough times for the forest products industry!

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.

Issue date: 
November 27, 2009

Chile Copec 9-month profit down 43.3 pct yr/yr

SANTIAGO, Nov 27 (Reuters) - Chilean industrial conglomerate Copec COP.SN said on Friday its nine-month profit tumbled 43.3 percent from a year ago, but its businesses were recovering from the worst of the global financial crisis.

Issue date: 
November 20, 2009

Russian pulp and paper market to revive not earlier than in 2010

According to intermediate results, Russian timber industry remains unprofitable – in the first half of

Indonesia: Industrial forest output to increase 36 percent

The supply of logs from the country's industrial forest (HTI) is expected to rise by 36 percent to 18.5 million cubic meters next year with the issuance of more forest development licenses, a director at the forestry ministry said.

Issue date: 
November 10, 2009

India's wood imports show impressive growth rates!

New Delhi, Nov. 10, 2009 (RISI) - Although the growth in softwood log imports in India is impressive, at least 80% of India's log imports are hardwood. Teak logs are imported from Myanmar, various African countries, and Central and South America.

UPM to restructure plywood and timber operations in Finland

Nov 3 2009  UPM plans significant restructuring of its plywood and timber operations in Finland. Almost 900 jobs will be cut, but this time not in UPM's pulp and paper operations.

UPM and Sveza to postpone realization of project in Vologda region for 2 years

UPM-Kymmene (Finland) and Sveza Group postponed realization of the project on construction of a large timber industrial complex in the Vologda region for 2 years.

Forestry needs new markets and new products

The new deputy minister of forestry in Ontario says the old days of the forestry industry are over and the leaders and the workers of that industry have to look for new directions and new ideas if the North is to profit from the vast quantities of wood fibre that remainin our

Study shows trees have impact on Georgia’s economy

As Americans mark National Forest Products Week from Oct. 18-24, a new report shows Georgia’s forest products industry has a significant impact on the state’s economy.

Forest-based sector to search for fresh business opportunities

Oct 15 2009  A research conference for the European forest-based industry and cluster will focus on the creation of new business opportunities for the sector. The event will be held in Stockholm on 9-11 November 2009.

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by Dr. Radut