South Africa

Global Timber and Wood Products Market Update

March 22, 2012 by timbercommunity

Wood chip exports from Australia fell in 2011 to their lowest level in 11 years and Vietnam took over as world’s largest chip exporter, reports the Wood Resource Quarterly Vietnam has taken over Australia as the world’s largest supplier of wood chips to pulp mills in Asia. In 2011, Vietnam exported 5.4 million tons, triple that in 2007, as reported in the Wood Resource Quarterly. The good news for wood chip exporters in both Vietnam and Australia has been the steady increase in demand for hardwood chips from China.

Rottneros' profit before tax amounted to SEK 13 million for the fourth quarter

January 27, 2011 by timbercommunity

The Swedish pulp an paper company Rottneros' profit before tax amounted to SEK 13 million for the fourth quarter. Profit after net financial items amounted to SEK 138 (-69) million for the full year 2010 while the operating profit amounted to SEK 138 (-166) million for the full year 2010. Profit after net financial items amounted to SEK 13 (0) million for the fourth quarter of 2010 according to a press release from the company. The company also search for the best re-use of the CTMP-equipment from the Utansjö Mill continues. Joint ventures, such as the one outlined for South Africa, as well as a direct divestiture are actively considered.

New research project investigate the best fast-growing tree species for planting in Africa

December 15, 2010 by timbercommunity

The forest industry is important for the economic development of South Africa. Now SIDA grant 3.9 million SEK to investigate the best fast-growing tree species for planting in Africa. The goal of this project is to identify drought tolerant fast growing tree that can produce wood of sufficient quality to be used in the construction industry or in the pulp and paper industry according to a press release.

Have you heard about the BASIC countries? .

November 30, 2010 by timbercommunity

The BASIC group, reflects a new geopolitical coalition where the increasingly powerful emerging economies are reaching economic as well as political influence. The BASIC group wants world deal on climate change by 2011. In November 2009, Brazil, South Africa, India and China announced a joint strategy stating a common set of non negotiable terms and threatening to jointly walk out of the Copenhagen Climate Summit if any of these were violated.

World deforestation decreases, but remains alarming in many countries

April 5, 2010 by timbercommunity

World deforestation, mainly the conversion of tropical forests to agricultural land, has decreased over the past ten years but continues at an alarmingly high rate in many countries, FAO announced in a press release lately.

Forest area net loss