“It looks like one wave of temporary curtailments after another,” said Jeff Bromley, United Steelworkers Union wood council chairperson. “I just got wind that Tolko (Industries) is taking some down time as well, throughout its B.C. plants.” The latest production cuts, however, come at the end of a year in which inflation and higher interest […]
News and developments in International Forestry
Law proposed to strengthen Forest Products Export.
Canadians have experienced supply chain challenges firsthand and the impacts that come with them, like the rising cost of everyday products. More recently, existing supply chain issues were exacerbated by extreme climate events, changes in trade patterns, and Russia’s invasion of Ukraine. This is why the Government of Canada is taking concrete action to strengthen […]
Misleading Report -Canada’s Forest Sector Responds
Earlier today, the Natural Resources Defense Council (NRDC) and Nature Canada jointly released a misleading and damaging report on Canada’s GHG emissions. Derek Nighbor, President and CEO, Forest Products Association of Canada (FPAC) issued the following statement in response: Last week, economists from the Royal Bank of Canada confirmed their expectation that Canada will enter […]
Prices for hardwood chips traded internationally increased 1.3%
Prices for hardwood chips traded overseas increased 1.3% in January,2015, but were still 5.8% lower than in early 2014, according to theFOEX PIX-HCG Index Prices for hardwood chip shipped over the Pacific Rim and the Atlantic to markets in Asia and Europe have trended downward for more than three years. However, inDecember 2014 and January […]
West Fraser and Canfor closed mills in BC- Pine Beatle effects supplies
Forestry giants Canfor and West Fraser announced Thursday they will close two Interior sawmills next year because the pine beetle epidemic has gutted their timber supply. The closures, which also involve a swap of timber harvesting rights between the two companies, will result in 434 job losses in the communities of Quesnel and Houston. “Closing […]
China is back in timber business
According to statistics from China customs, about 25 million cubic meters logs were imported to China during January-July, 2013 grew by 11.34% over the same period of last year and the total value reached over USD 5 billion and gained an 11.34% year-on-year growth. At the same time, China imported more than 13 million cubic […]
Spain and Portgal reduced imports from Uruguay
The pulp industry from Spain and Portugal decided in 2012 to rely more on the domestic sources of wood fiber rather than on imports. The main reasons are the relatively costly wood fiber from Latin America and the fact that pulp mills have paid less for pulp logs in 2012, which resulted in much lower […]
Tembec is selling pulp mill in British Columbia
Tembec announced today that it has reached an agreement to sell its NBSK pulp mill and related assets and liabilities located in Skookumchuck, British Columbia to Paper Excellence Canada Holdings Corporation (“Paper Excellence”) for a purchase price of $89 million, which includes working capital. Closing of the transaction is expected to occur in the second […]
Mynamar Exports: US and Western Countries lifts ban
Myanmar will export its timber to the European Union (EU) countries starting June this year and s delegation of the EU will Myanmar next month to coordinate for the export, local media reported Wednesday. During its visit in Myanmar, the EU delegation will observe current timber extraction in the country and sign a memorandum of […]
Global Timber prices going high as China buying more
Lumber exports to China from Washington, Oregon, northern California, and Alaska rebounded in the fourth quarter of 2012, jumping to 89.4 million board feet, an increase of 97.2 percent compared to the third quarter of the year, according to the U.S. Forest Service’s Pacific Northwest Research Station. At the same time, total lumber exports to […]
Timber Imports in India: releasing pressure from himalayas.
In a bid to conserve a precious resource, the Jammu and Kashmir government has adopted a dual policy of liberalising timber imports and enforcing measures that have brought down timber smuggling by a staggering 99 percent. “From the year 2009 to 2013, the state imported 14.7 million cft (cubic feet) of timber from abroad and […]
Timber Prices to Surge Following Beetle Epidemic
An epidemic of mountain pine beetles is one of three factors set to fuel a long term surge in Canada and US timber prices, a new report predicts. A supply shock associated with the epidemic of mountain pine beetles is one of three factors which will drive a surge in timber prices throughout Canada and […]
India and Uruguay
India and Uruguay have signed a letter of intent (LoI) to explore investment opportunities in iron ore and steel sector. The alliance will also encourage exchange of technical know how in iron ore and steel related raw materials.The LoI was signed between D R S Chaudhary, union steel secretary steel and Mr Roberto Kreimerman, Uruguay’s […]
India and Uruguay have signed a letter of intent
India and Uruguay have signed a letter of intent (LoI) to explore investment opportunities in iron ore and steel sector. The alliance will also encourage exchange of technical know how in iron ore and steel related raw materials.The LoI was signed between D R S Chaudhary, union steel secretary steel and Mr Roberto Kreimerman, Uruguay’s […]
India- Pakistan Business Opportunities
In an effort that is expected to increase people-to-people contact and allow easier travel for pilgrims, tourists and business travellers, India and Pakistan today operationalised a new liberalised visa regime, making a departure from the restrictive visa regime under the earlier agreement inked in 1974. The new visa agreement was inked on September 8 at […]
Comparison of woods
Resource for comparison of woods- you can check details of softwoods, hardwoods here. Canada supply world famous timber and lumber for indoor as well as outdoor applications. Douglas Fir is famous for constructional applications- it has same strength and appearance like Devdar as India,Pakistan and Nepal knows. http://www.engineeringtoolbox.com/wood-density-d_40.html
Timber Trade in India
India is likely to face severe shortage of supply of timber to meet its requirement from both domestic and international front. It is estimated that the demand for timber is likely to grow from 58 million cubic metres in 2005 to 153 million cubic meters in 2020. The supply of wood is projected to increase […]
New Zealand Pine Hot- Demand from China increasing.
Demand from China has not only pushed up demand from large forest product exporters like Brazil. According to new figures from the country’s Ministry of Agriculture and Forestry (MAF), demand from the world’s most populous country has significantly driven up the value of forestry exports from New Zealand. The value of the forestry exports from […]