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December 2011

Issue date: 
Dec 21, 2011

EIB Supports the Upgrading of Pulp and Paper Production in Russia

The European Investment Bank (EIB) is lending EUR 100 million to finance the modernisation and expansion of an integrated pulp and paper mill in Syktyvkar in the Russian Federation. This is the first EIB loan provided by the Bank under the Eastern Partners Facility (EPF).

Issue date: 
Dec 21, 2011

Lenzing AG and Smartfiber Intensify Cooperation

Lenzing AG, the world leader in industrially produced cellulose fibers and the German company smartfiber AG / Rudolstadt expanding their cooperation. Lenzing is the future of smart fiber lyocell special fibers developed smartcel SeaCell ® ™ and produce exclusively for the smartfiber AG Lenzing / Austria.

Issue date: 
December 14, 2011

New accord for tropical forests enters into force

The International Tropical Timber Organization (ITTO) announced the entry into force of the International Tropical Timber Agreement, 2006 (ITTA, 2006) effective Wednesday, December 7th 2011.

Issue date: 
December 7th, 2011

Softwood dumping investigation

The Australian Customs and Border Protection Service has launched anti-dumping procedures against softwood lumber imports from Germany, Austria, the Czech Republic, Estonia, Latvia, Sweden, Canada, and the USA.

Issue date: 
December 9th, 2011

Moody’s downgrades the world’s paper and forest products industry

Moody’s Investors Service Inc. said yesterday that the next year or two for the world’s paper and forest products industry is going to be rough.

Issue date: 
December 2nd, 2011

NZ sawn timber exports drop away

New Zealand’s sawn timber exports to China have been ‘hammered’, while raw log shipments surged in the wake of Beijing’s efforts to cool the economy and amid increased sales by rival forestry nations such as Canada, according to an industry lobby group.Lumber exports fell 16 percent to $264 milli



by Dr. Radut