According to data released on Tuesday (10-8-24), by United States Department of Agriculture’s (USDA) Foreign Agricultural Service, the U.S. exported […]
News in international markets
TDUK Reports Modest Increase in UK Wood Product Imports in July
Wood product imports in July were higher than in July 2023—the second consecutive month with year-over-year growth—TDUK reported.
European Commission Proposes 12-Month Delay to Deforestation Regulation
The European Commission said it would propose delaying implementation of a law banning the import of commodities linked to deforestation by a year, Reuters reported.
Stora Enso Preparing to Sell Part of Its Forest Assets in Sweden
Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares (3.46 million acres) in Sweden.
Brazilian Exports of Wood-Based Products Drop in August Due to Shipping Issues
The value Brazilian exports of wood-based products (except pulp and paper) decreased 10.8% in August. On a monthly basis, exports declined 21% due to shipping difficulties.
Southern Forest Products Export Report for July
Exports of Southern pine lumber (treated and untreated) through July continued to outpace 2023, up 15%, the USDA and SFPA reported.
Norra Timber Announces Long-Term Investment Plan for Its Sawmill in Hissmofors, Sweden
Norra Timber recently announced a three-phase upgrade of its Hissmofors, Sweden, sawmill with an investment of up to SEK 150 million (US$14.8 million).
India’s Century Plyboards Plans to Increase Plywood Production Capacity by 30%
India-based Century Plyboards, a leading wood products manufacturer, plans to boost its plywood production capacity by approximately 30% over the next 12–15 months with an investment of around ₹140 crore (US$16.7 million), newsonprojects reported (9-12-24).
New Zealand Plans to Overhaul Forestry Regulation Under the Resource Management Act
New Zealand’s forestry sector is set for a major shake-up as the government plans to overhaul national direction under the Resource Management Act (RMA), according to an analysis by MinterEllisonRuddWatts.
Russia’s Segezha Group Aims to Expand Exports to India
Top management of the Segezha Group considers India as one of the most attractive and promising areas for business, the company said in a September 6th press release.