Local News (768)
Global Softwood Timber Outlook
29, Jun 2014The industrial timber harvest bottomed out in 2009 at 796 million m3, climbed in 2010 to 869 million m3, and in 2012 grew to 912 million m3 according to
Read MoreNew Zealand Log Prices June 2014
29, Jun 2014In-market log prices continue to fall and are yet to find a floor in China. Inventories are still up at 4 million m³, and despite levels of off-take of
Read MoreUS Sawlog Prices Falling
29, Jun 2014After a healthy 2013 and early 2014, lumber markets in the US started weakening in the spring with lumber prices falling over ten percent so far this year. The
Read MoreLog Price drop puts jobs at risk
29, Jun 2014New Zealand export log prices are falling fast and could knock smaller and more remote forests out of the market, putting hundreds of forestry jobs at risk, industry sources
Read MoreSappi sells Nijmegen mill
21, Jun 2014Paper and packaging group Sappi has sold its Nijmegen mill, in the Netherlands, to an affiliate of American Industrial Acquisition Corporation. In September last year, the group announced that it had generated a
Read MoreConfidence down 11 index points in building industry over Q2
21, Jun 2014The First National Bank (FNB) and Bureau for Economic Research Building Confidence Index fell by 11 index points to 41 during the second quarter of the year, halting the momentum
Read MoreNgodwana cellulose plant to reach full capacity by year end
21, Jun 2014The newly constructed Fibre Line 3 specialised cellulose plant at pulp and paper manufacturer Sappi's Ngodwana mill, would ramp up to full capacity of 200 000 t/y by the end of this
Read MoreEnergy constraints more troublesome than platinum strike – FMF
17, Jun 2014The impact of South Africa’s ongoing strained energy supply has been more devastating than the effects of the protracted strike in the platinum belt, the Free Market Foundation (FMF) said
Read MoreUK biggest market for US wood pellets
17, Jun 2014Wood pellets have emerged as a surprise new asset class in the world of commodities as more power companies convert turbines to burn biomass as an alternative to coal. According
Read MoreNorway claims the worlds tallest timber frame building
17, Jun 2014The Forté tower in Melbourne, Australia, currently reported to be the world's tallest timber frame apartment building at 32 meters in height, is to be overtaken by a multi-story timber
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