Thursday, 29 October 2015 06:05
Södra Wood to establish sales office in the U.S.
Södra Wood is to open a sales office in the U.S., as well as a subsidiary in the state where operations will be located. "The opening of a sales office by Södra Wood in the U.S. will facilitate more business…
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Forest
Monday, 26 October 2015 06:18
RusForest synthetic share buy-backs
RusForest AB (“RusForest” or the “Company”) (NASDAQ OMX: RUSF), a Swedish forestry company with operations in Russia, has between 1 September 2015 and 30 September 2015 synthetically repurchased 502,913 shares, at an average price of 2.013 SEK, in accordance with…
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Forest
Monday, 26 October 2015 06:15
BillerudKorsnäs’ holding in Bergvik Skog AB increases in value
BillerudKorsnäs’ holding in Bergvik Skog AB increases in value due to increase in the IFRS fair value of biological assets in Bergvik Skog AB. BillerudKorsnäs’ share of the increase, net of tax, is approximately SEK 420 million, subject to year-end…
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Forest
Monday, 26 October 2015 06:12
Stora Enso’s equity accounted investment Bergvik Skog increases the fair value of its forest assets
Stora Enso’s equity accounted investment Bergvik Skog AB in Sweden increases the IFRS fair value of its biological assets. Stora Enso’s share of the increase, net of tax, is approximately SEK 4.1 billion (EUR 435 million) subject to normal year…
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Forest
Tuesday, 20 October 2015 07:34
Södra to close hardwood sawmill in Traryd
Södra is implementing structural changes in its sawmill and planing operations to strengthen the company's long-term competitiveness. Negotiations with trade unions will be initiated with the intention of closing the hardwood sawmill in Traryd. Just over 20 employees are affected.In…
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Forest
Sunday, 18 October 2015 07:00
UPM increases the IFRS fair value of its forests in Finland
Q3 2015 business performance in line with the company's outlook UPM increases the fair value of its biological assets (growing trees) in Finland, due to adjusted long-term wood price estimates and change in the discount rate. The impact of these…
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Forest
Monday, 12 October 2015 07:03
More than one in three unable to correctly identify that charcoal is made from wood
More than one in three people were unable to correctly identify that charcoal is made from wood, a WWF survey has found, and many don’t link it to deforestation. One in four thinks charcoal is mined from the ground (coal)…
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Forest
Wednesday, 07 October 2015 07:40
£9m raised by Sky and WWF to help save rainforests
Sky Rainforest Rescue - the six-year partnership between Sky and WWF – has raised over £9 million to help keep one billion trees standing in the Amazon. Although this rainforest fundraising work concluded last week, Sky and WWF will continue…
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Forest
Tuesday, 29 September 2015 07:00
Canfor Announces the Purchase of Anthony Forest Products
Canfor Corporation (TSX:CFP) announces that it has entered into an agreement to purchase Anthony Forest Products Company located in El Dorado, Arkansas (“AFP") for a purchase price of $93.5 million US which includes approximately $15 million US of working capital.…
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Forest
Thursday, 24 September 2015 07:28
UK and EU Consumers, and industry, want tighter EU rules to tackle illegal timber
UK consumers (76 per cent) want better laws that ensure the legality of wood products on the market in the UK and across Europe, a new survey finds. Major timber-related businesses from the UK and other EU countries, from producers…
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Forest
Wednesday, 23 September 2015 09:12
Bicycle helmet from the forest
Cellutech has developed a bicycle helmet entirely based on materials from the forest. It is showcased today and is the first product realized from the inspirational project Ekoportal2035, created by Skogsindustrierna. The helmet is a prototype designed and constructed by…
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Forest
Monday, 21 September 2015 06:31
FSC forests keep growing in Ukraine
During the last year, the area of FSC-certified forest in Ukraine increased by a remarkable 120%. These now comprise 30% of country's total forest – an area of 3,147 million hectares. At the same time, the number of FSC-certified supply…
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Forest
Monday, 21 September 2015 06:30
Plum Creek Completes Sale of Southern Timberlands
Plum Creek Timber Company, Inc. has announced it has completed the sale of approximately 98,000 acres of timberlands in west-central Florida to Hancock Timber Resource Group for approximately $120 million. “We are pleased to conclude this transaction with Hancock Timber…
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Forest
Thursday, 17 September 2015 04:06
Systematic nature conservation resulting in increased forest growth
Over the past 20 years, Södra has taken a systematic approach to its nature conservation work. These efforts have resulted in voluntarily protected areas with high conservation values and a production forest with growing conservation values. At the same time,…
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Forest
Wednesday, 16 September 2015 08:23
Plum Creek and Institutional Investors to Create Joint Venture to Own, Manage and Acquire Timberlands
New Venture Provides Institutions Opportunity to Co-Invest with Plum Creek Directly in Timberland Portfolio Institutional Investors Contribute Cash, Plum Creek to Contribute and Sell Southern Timberland to Venture Valued at $2,150 Per Acre Silver Creek Capital Management to Act as…
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Forest