International Paper has signed an agreement to purchase newsprint mill in Madrid, Spain, from Swedish company Holmen Paper, for €150m. As per the deal, International Paper will acquire the Madrid newsprint Mill, as well as ...
UPM’s forest and timber division has recorded €2m second-quarter operating profits excluding special items. The result becomes a loss if special costs of €43m - relating to the restructuring of UPM's sawn timber and further ...
Tags: market view, timber
IMPORTS of sawn timber have grown 30% in the past two years, creating a temporary threat to Australia's domestic sawn timber industry, research by industry analysis firm BIS Shrapnel revealed on Wednesday. The research showed that while ...
Tags: market view, timber
The timber industry in Malaysia is one of long-standing prominence, garnering much attention as one of the economy’s core components of growth. As the country is well-blessed with an abundance of rainforest and land, the steady supply ...
Tags: industry trends, timber
Ghana is currently considering importing logs from Cameroon after losing its forest cover, which stood at 8.2 million hectares a little over a century ago. Ghana’s primary rainforest has reduced by 90 percent over the past few years, ...
Tags: market view, wood
Production cuts in Finland have brought some balance to the market Summary Sawn timber prices are improving. Mild weather has hindered access to harvesting sites. UK purchases continue to be hand to mouth. Finnish producers are generally ...
Tags: market view, mill
The value of forest industry production grew to ?0.8 billion in 2011, up about 2% from the previous year. The value of the forest industry's exports increased by 4%. Advance data indicates that the volume of wood products industry exports ...
Tags: industry trends, forest industry
Finland’s wood product exports increased by 4% in 2011, according to fresh statistics released by the Finnish Forest Industries Federation (FFIF). While timber exports increased, pulp and paper exports remained at the same level as ...
Tags: market view, wood product
Sarawak's exports of log and timber products grew one percent to RM3.71 billion in the first six months of 2011 from RM3.67 billion in the previous corresponding period. According to Perkasa, the Sarawak Timber Industry Development ...
Tags: market view, log, timber
Malaysian-based APP Timber has become PEFC International’s first Asian-based company in its membership. Headquartered in Kuala Lumpur, APP Timber specialises in the supply of imported timber-related products (sawn timber, logs, wood ...
Tags: market view, APP timber
EUROPEAN softwood imports are continuing to stream into Australia, placing pressure on domestic producers as housing starts struggle. Imports of softwood sawn timber rose to about 156, 000 cubic metres over the September quarter, a rise of ...
Tags: market view, timber
Many German sawmills will operate an extended Christmas shutdown and are likely to curtail production in 2012, according to the German Sawmilling and Timber Industry Association (BSHD). BSHD made the prediction after discussions with member ...
Tags: industry trends, sawmill
A new automatic sorting facility will be installed at Södra Timber's Kinda sawmill as part of the mill's conversion to pine only production. Södra Timber said the investment on the trimmer will go ahead in 2012 to ensure optimised ...
Tags: market view, mill, pine
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. This is amid increased sales by rival forestry nations such as Canada, according to the ...
Tags: market view, sawn timber, log
China's total forest product exports were valued at US$31.5bn in the first nine months of 2011, according to the International Tropical Timber Organisation's latest market report. The total was up 17% on a year ago, with wooden furniture ...
Tags: market view, china timber, export