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International forestry investment manager New Forests today released its inaugural Climate Disclosure Report, documenting the company’s application of the Task Force for Climate-related Financial Disclosures (TCFD) recommendations. New Forests also announced an ambitious Climate Action Plan that combines advocacy for…
Australia-based international forestry investor New Forests has agreed to purchase the Tasmanian plantations of a local subsidiary of Norwegian pulp and paper company Norske Skog. The purchase includes a net plantation area of more than 18,000 hectares of radiata pine…
Monday, 17 February 2020 08:35

Lars Idermark to leave Södra

After just over seven years as President and CEO, Lars Idermark has informed the Board that he will be leaving Södra. The Board will now initiate a recruitment process for a new President and CEO. “Now that a new Group…
SCA has performed a new forest survey in 2019. According to the new survey, SCA’s standing timber volume is 11 million cubic metres (m3fo 1) higher than previously estimated. The survey also shows that the annual growth is 1 million…
Monday, 20 January 2020 09:01

Rayonier to Acquire Pope Resources

Rayonier Inc. (“Rayonier”) (NYSE:RYN) and Pope Resources, A Delaware Limited Partnership (“Pope Resources”) (NASDAQ:POPE) have just announced that they have entered into a definitive merger agreement under which Rayonier will acquire all of the outstanding limited partnership units of Pope…
As part of its sustainability strategy “Naturally positive”, the Lenzing Group strives to ensure an intact environment and the protection of forests as an important part of the ecosystem. Against this backdrop, Lenzing initiated a project in Albania designed to…
In the 2019 `Hot-Button´ report issued by the forest conservation organisation Canopy, Kelheim Fibres attained a “green shirt” ranking. This result underlines the company‘s excellent performance as regards to raw material sourcing. Many fashion brands already value the `Hot-Button´ report…
ForestX and Tenfifty have initiated collaboration to develop services for the forest industry within the fields of artificial intelligence (AI) and machine learning (ML). The aim is to show how new technology can be used operationally to optimise, rationalise and…
Profit margins declined faster for sawmills in Finland than in neighboring Sweden during 2018 and 2019, and in the 3Q/19 reached their lowest levels in 15 years, reports the Wood Resource Quarterly The financial health of the world’s lumber producers…
The carbon offsetting trade is an effective way to achieve our sustainability goals. Half a hectare of plantation forest absorbs about 6,000 kg of carbon dioxide per year. This corresponds to about 30,000 km of carbon dioxide emissions from motoring…
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) has just announced it has entered into an agreement to acquire Conifex Timber Inc.'s three sawmills in the U.S. South for $163 million plus working capital delivered at closing, which is currently estimated…
Forisk Consulting, a leader in North American forest industry and timber market research, has acquired the North American Wood Fiber Review from Wood Resources International of Bothell, Washington. The Review, which tracks wood fiber markets in all major regions of…
Södra is using controlled pollination to breed trees for tomorrow’s forests – a new innovation, where nearly 2 million seedlings are being propagated to produce trees that are healthier and more resilient, with 30 percent faster growth than trees in…
According to a new report, Södra has a positive impact on global climate change, equivalent to 20 percent of Sweden’s combined emissions of CO₂ equivalents. The measurements are based on the growth rate of forests owned by Södra’s 52,000 members,…
Domtar Corporation (NYSE: UFS) (TSX: UFS) has just announced a pledge to pursue new Forest Stewardship Council® (FSC) certification standards for the Canadian government lands that the company manages in the Wabigoon forest (in 2020) and Trout Lake forest (in…
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