| | Forestry and timber news - November, 20, 2009Russia: Time to Be Optimistic?
- Russian leaders are optimistic about the economy's outlook, perhaps for good reason. Exports have grown steadily, rising oil prices are supporting the balance of payments, and industrial production is recovering. However, domestic consumption remains weak, casting doubt on the strength and sustainability of the recovery. While Medvedev's ambitious plans for modernization could aid the recovery, they currently lack both details and execution mechanisms.
- November, 11, 2009New Appointments in the Acimall Board of Directors
- There were some new appointments of Directors in the Acimall Board of Directors. Russian Forestry Review informs about it.
- November, 5, 2009UPM plans restructuring and permanent closures to ensure competitiveness of its Plywood and Timber operations in Finland
- UPM plans significant restructuring to ensure the competitiveness of its Plywood and Timber operations in Finland. The target is to remarkably improve the businesses' long-term cost competitiveness and increase value added of the production in Finland. Co-operation negotiations with employees concerning the plans will start immediately.
- November, 5, 2009Wood costs have remained unchanged for Canadian pulp mills in 2009
- The pulp industry in Canada has sharply reduced production the past two years both as a result of weaker pulp and paper markets worldwide and also because of less competitive pulp manufacturing facilities. Wood costs have increased for many plants as the result of reduced availability of relatively inexpensive sawmill residuals, according to the North American Wood Fiber Review.
- October, 29, 2009St. Petersburg Forest Summit left Finnish industry with mixed feelings
- The Finnish forest companies in attendance at the Finland-Russia Forest Summit held in St. Petersburg on Sunday were left with only a vague idea of what kind of conclusions they should draw from the meeting.
- October, 29, 2009Decisions on UPM's Borea pulp project in Russia delayed
- UPM and its Russian joint venture Borea are continuing the feasibility study for the planned forest industry facility in Russia. In order to ensure the most feasible location, new alternative site options are now being assessed.
- October, 27, 2009The strategy will not change anywhere
- The moratorium on the increasing of the export duties on the round wood was extended till 2010 due to a sharp decline in Russian timber industry, Vladimir Putin said at the Third Russo-Finnish Forest Summit in St. Petersburg.
- October, 23, 2009Ilim Group 3Q Report
- Ilim Group makes over 1,700,000 tons of pulp and paper products. Over the nine months of 2009 OJSC Ilim Group's locations have manufactured 1,732,000 tons of pulp and paper products. This is 13% less than in the corresponding period of 2008.
- October, 22, 2009Global trade of wood chips down 26% in 2009 as pulpmills reduce production Worldwide
- The international financial crisis has put a damper on global trade of wood chips used for pulp manufacturing in 2009, reports Wood Resources International. The biggest decline has been in shipments from Australia, South Africa and Uruguay to Japan.
- October, 19, 2009Wartsila opens Service Centre in Murmansk
- Wartsila has opened a Service Centre in Murmansk, Russia to serve the rapidly growing number of vessels in northern waters. The Service Centre demonstrates Wartsila's commitment to expand in line with the increasing marine activity in the Barents Sea region.
|
