According to the USDA and Biomass Magazine, the US exported 655,649.2 metric tons of wood pellets in November, down from 835,552.7 metric tons in October.
News in international markets
Metsä Group Announces Plans to Close Its Merikarvia, Finland, Sawmill Later This Year
Metsä Group intends to discontinue sawn timber production at its Merikarvia, Finland, facility by the end of the summer of 2024.
Poland Halts Logging in 10 of Its Oldest Forests
Poland has ordered a state-run company that manages more than 7 million hectares of the country’s forests to halt logging in the 10 oldest areas, Reuters reported.
China Extends Tariff Exclusions on Seven US Hardwood Lumber Products
China is extending the Section 301 retaliatory tariff exclusions on seven hardwood products through July 31st.
As of January 1st, Native Logging in Western Australia Has Ended
As of January 1st, the Western Australia Government’s promise to end logging in native forests became a reality, PS News reported.
Stora Enso Agrees to Sell Land and Machinery at Its Recently Closed Näpi, Estonia, Sawmill to Puidukoda
Stora Enso announced that it has signed an agreement to sell its recently closed (June 2023) Näpi, Estonia, sawmill to Puidukoda, a local planed timber producer.
Empresas Copec to Sell Some of Its Forestry Businesses to Brazilian Pulp and Paper Company Klabin for $1.16 Billion
Chile’s Empresas Copec announced that it has agreed to sell some of its forestry businesses to Brazilian pulp and paper company Klabin in a sale worth approximately $1.16 billion, according to Reuters.
Vietnam Reports Increase in Exports of Wood Products in November
Preliminary statistics from Vietnam reviewed by the ITTO Tropical Timber Market Report reveal that Vietnam’s wood and wood product exports reached US$1.3 billion in November, up 1.4% compared to October.
Australian Timber Producers Receive Federal Grants to Expand Plantation Forests
Australia’s Department of Agriculture, Fisheries, and Forestry will distribute $70 million (AUD) in federal grants to expand Australia’s plantation estates, ABC reported.
Western Australia Releases Forest Management Plan 2024–33
The plan includes the end of commercial logging in native forests as a part of the latest framework for managing more than 2.5 million hectares (6.18 million acres) of native forest.