Search Results for: timber group

New U.S. duties on lumber imports will leave Canada with excess production that could be difficult to sell. Russ Taylor, president of International Wood Markets Group Inc., said lumber shipments to the U.S. will likely drop by 15% next year. The new duties will come into effect on 4 May following the expiration of the[…]

Waggeryd Cell in Sweden has  invested SEK 60 million ($7 million) in a biomass boiler in order to replace LPG with bioenergy as energy source for the flash dryer. The ground work is just about to start. The mounting of the boiler will begin during March 2016 and the start-up is scheduled for September. The mill’s[…]

International efforts to combat climate change received a boost in mid September with consensus amongst a diverse group of global forest leaders on a new set of principles dealing with sustainable forestry. A two-day meeting in Washington, organized by The Forests Dialogue (TFD) in conjunction with the World Bank, covered a wide range of issues.[…]

Congo, home to the world’s second largest tropical forest, has launched a review of all timber contracts in an effort to clean up a business rife with corruption and to recoup millions of dollars in lost taxes, according to a report by Environmental News Network (ENN). The World Bank-sponsored initiative will look at 156 deals,[…]

Total forest, paper and packaging (FPP) deal values increased to $27.6 billion in 2007, up $1.9bn on 2006, according to PricewaterhouseCoopers’ Branching Out report. Deal values were well up in the first quarter of 2008 reaching $11.8bn, although the outlook for the rest of this year is more uncertain. North America’s share of deal activity[…]

Carter Holt Harvey has begun a process to purchase the timber manufacturing operations and timber distribution business of the Weyerhaeuser Australia Group. This includes the interest in Green Triangle Forest Products held by a fund advised by Global Forest Partners. The offer includes: Pine Solutions Australia GreenTriangle Forest Products Manufacturing Weyerhaeuser Company Weyerhaeuser is also[…]

Innovatek reports in Friday Offcuts that this week the Australian forestry industry has been united in its opposition to an announcement made by CSIRO. After Ensis, the joint venture research grouping between CSIRO in Australia and its equivalent in New Zealand, Scion was wound up earlier this year – after only two years of operation[…]

Congolaise Industrielle des Bois (CIB) and the Tropical Forest Trust (TFT) announced that the major timber company has more than doubled the amount of certified rainforest it operates in the Congo Basin, creating the largest ever tract of contiguous certified tropical forest in the world, a total of 750,000 ha. To meet the standards for[…]

Australia’s State of the Forests Report 2008 has been released by the Minister for Agriculture, Fisheries and Forestry. The 2008 report was prepared by the Montreal Process Implementation Group for Australia (MIG) on behalf of the Australian, state and territory governments. It can be viewed on adl.brs.gov.au. A3P CEO Neil Fisher said, “The report is[…]

A unique worldwide tree planting initiative, aimed at empowering citizens to corporations and people up to presidents to embrace the climate change challenge, has now set its sights on planting 7 billion trees. It follows the news that the Billion Tree Campaign has in just 18 months catalyzed the planting of 2 billion trees, double[…]