Experts in Ireland are warning that the €20 million reduction in this year’s allocation from the government for the forestry sector is a warning sign, the Irish Independent reported.
News in international markets
Norra Timber Announces New Investments in Its Hissmofors, Sweden, Sawmill
Norra Timber continues to invest in its sawmill in Hissmofors, Sweden, with up to SEK 150 million (US$14.12 million) being spent in three separate stages.
Metsä Group Celebrates the Opening of Its New Bioproducts Mill in Kemi, Finland
The bioproduct mill will produce 1.5 million tons of softwood and birch pulp per year. The pulp will be used to manufacture numerous renewable products.
Södra Announces New Initiatives to Strengthen Sweden’s Forest Estates, Including Higher Prices
Södra announced that prices were raised for saw logs and small-diameter sawable ranges on October 21st, and a new tool is being introduced to increase security for forest owners.
EU Launches Anti-Dumping Investigation Into Chinese Plywood Imports
The European Union is launching an anti-dumping investigation into Chinese plywood imports, Timberbiz reported.
Metsä announces closure of Finnish Plywood Mill
Metsä Wood plans to discontinue plywood production at its mill in Suolahti, Finland, due to poor profitability.
Planting of New Spruce Trees to be Banned in Parts of U.K to Slow Spruce Bark Beetle Infestation
The BBC.com on Wednesday (10-9-24), reported that the planting of new spruce trees is being banned in parts of East […]
U.S. Wood Pellet Exports Declined Month-Over-Month & Year-Over-Year in August 2024
According to data released on Tuesday (10-8-24), by United States Department of Agriculture’s (USDA) Foreign Agricultural Service, the U.S. exported […]
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.