Europe

Dong Energy plans a coastal 300MW biomass power biomass in UK

February 23, 2010 by timbercommunity

Bioenergyinternational reports that State owned Danish Dong Energy plans to develop a 300 MW biomass power plant in Hull in the north of UK. The plant, near Queen Elizabeth Dock in east Hull, would be capable of supplying enough power for 500 000 homes.

Higher sawlog prices worldwide in the 3Q/09, jumped almost 8% from the previous quarter, reports the Wood Resource Quarterly

February 12, 2010 by timber09

Seattle, USA. February, 2010. Global sawlog prices started to move up in the fall after having reached a bottom in many markets earlier this year. The recent upswing has been the result of a tighter log supply but also because of improved operating rates at many sawmills in both the US and Europe. The US, the Nordic countries, Central Europe the Baltic States and Russia have experienced the largest price increases (in the local currencies) over the past six months.

Very strong report from Stora Enso Fourth Quarter

February 4, 2010 by timbercommunity

Forest group Stora Enso reported a profit of 80.6 million euros for the fourth quarter. During the same period in 2008 was there a loss of 846 million euros.

Analysts had very wrong about the outlook from Stora Enso. Stora Enso reports a profit before tax of 123 million euros (28) for the fourth quarter of 2009. An analyst poll was expected that this figure would stop at 70 million. It would appear that as the largest newsprint producers will not see the image too bright for Stora Enso. Falling newsprint prices and raw material prices starting to move up is not particularly funny and tools like Ipad beginning to appear not directly improve the situation.

Interesting is that 15% of its turnover comes from the pellet thus it is quite important that these activities are going well. Pellets are made of by-products from sawmills. Production takes place in an integrated, all-new Stora Enso plants. In order to minimize unnecessary transport.

Imports of logs, lumber and pulp to China increased substantially in the 2Q/09 as the country’s economy grow by almost 8%, reports the Wood Resource Quarterly

December 3, 2009 by timber09

 China became the major import destination for many globally traded forest products in 2009. The country is the world’s largest importer of wood pulp and logs, and was the 2nd largest importer of softwood lumber in the world in the 2Q/09, reports the Wood Resource Quarterly.