Most pulp and paper producers have built up significant in-house logistics operations alongside their core business, reflecting the specialized nature of forest products transportation.
The forestry industry in Europe, the former Soviet Union and North America last year suffered the biggest decline in demand for wood since the 1970s, and that wasn’t even the worst of the news for this foundation business.
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.
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).
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:
Timber-import trade associations merge to European umbrella federation ETTF
12 August 2009: The interests of the European timber trade will be represented by the newly established umbrella organisation European Timber Trade Federation (ETTF) in the future.
The extreme weakness in the U.S. housing industry has created a huge over-supply of OSB capacity with no other options or markets to pursue. This has led to below cost prices for much of 2009.
