Highlights Argento has acquired 100% of the share capital of WoodBois, a leading global trader and producer of sawn timber, for $14.6m over 3 tranches including c$4m equity Gabon Forestry concession actually 96,851 hectares (vs. 41,278ha initially estimated) Potential annual harvest of over 9 million m³ identified by third party inventory assessor Sawmill capacity of[…]
Japanese-owned Pan Pac Forest Products has completed the NZ$24million redevelopment of its Milburn sawmill which is now fully operational and staffed. The Milburn plant, south of Dunedin, near Milton, has some of the newest and most environmentally efficient equipment on site, from its fuel source, to air emission cleansing to its “latest technology” kiln drying[…]
EDITOR’S COMMENT ISSUE 57 JUN 2017 / JUL 2017 Risky business The world today feels like a more risky – or at least more volatile – place than at any point in living memory for many in the forestry sector. At the macro level, business is faced with a Donald Trump – led US, international terrorism, Brexit and the[…]
Three of the Volvo Group’s companies are sharing the largest stand at Elmia Wood in the new Load & Transport section. “It’s the first time we’re doing such a campaign in Sweden,” says Lisa Arwenhielm, who is in charge of the Group’s participation at the fair. The three companies are Volvo Penta, Volvo Construction Equipment[…]
Vermeer has extended its whole tree chipper product line with the introduction of the WC2500TX tracked whole tree chipper. The WC2500TX offers the same performance and compact design as the recently released WC2500XL whole tree chipper by Vermeer, but is equipped with a tracked undercarriage to aid in maneuverability in the woods and on tough[…]
In the Nordic countries it is taken for granted to use the CTL method when felling trees. In other parts of the world tree-length logging is equally self-evident. Many times, though, a combined approach is what’s needed. The Germany company HSM has recognised this and is exhibiting a combined forwarder and skidder at Elmia Wood.[…]
Following on from last week’s analysis of the changes being made in the Russian forestry industry, we include this week a review by WOOD MARKETS on the major cost reductions being seen in Russia and the potential impact that this will have on their log and processed lumber exports. With major cost reductions arising as[…]
Canfor Corporation reported net income of $66.1 million, or $0.50 per share, for the 1Q 2017, compared net income of $38 million, or $0.29 per share, for the 4Q 2016 and a net income of $26 million, or $0.20 per share, for the 1Q 2016. The Company’s adjusted net income for the 1Q 2017 was[…]
Ukrainian Holding Sawmilling Company (UHLK) launched timber production at its sawmill in Ukraine. The sawmill produces high quality timber under the brand Rezult. Modern equipment ensures accurate cutting ± 0.5 mm and drying cameras from Austrian company Mühlböck allow to achieve ideal geometry and high quality drying with minimal energy consumption.
At the recent B.C. Council of Forest Industries (COFI) annual convention in Vancouver, WOOD MARKETS’ president Russ Taylor delivered an overview of the Russian forestry and sawmilling industry, detailing the means by which it has become a major competitive force in log and lumber export markets. Interestingly, much of the information and analysis seemed to[…]