Holmen's Board of Directors has decided to postpone the Annual General Meeting (AGM), which was planned to be held on March 30, 2020 in Stockholm, Sweden. Holmen will invite to the AGM no later than four weeks before the new date. The meeting will be held no later than June 30, in accordance with applicable legislatio...
Enviva and The Longleaf Alliance announced the signing of a five-year partnership to protect and restore longleaf pine forests, one of the most biodiverse ecosystems in North America. Enviva and The Longleaf Alliance will collaboratively implement Enviva’s longleaf forest restoration plan.
Weyerhaeuser Company completes the sale of its 630,000 acres of Montana timberlands to Southern Pine Plantations for approximately $145 million in cash. The company anticipates it will incur minimal tax liability in conjunction with the sale.
Rayonier Inc. announced that Richard D. Kincaid, Chairman of the Rayonier Board of Directors, passed away unexpectedly on March 20, 2020. Effective immediately, the Board of Directors has appointed Dod A. Fraser to serve as Chairman.
To support certified entities and certification bodies during the COVID-19 challenge, Programme for the Endorsement of Forest Certification (PEFC) has extended the transition period for its three revised international standards by six months. The transition date is now 14 February 2022.
The Swedish Forest Agency’s decisions on protection of forests fell sharply in 2019, in comparison with the previous year. The area in new nature conservation agreements decreased by 74% to the lowest level in 20 years. Habitat protection areas and nature conservation agreements are the instruments for protecting fores...
Well known Nelson Tasman and Marlborough business Nelson Forests has been rebranded as OneFortyOne New Zealand effective from 25 March 2020. The move follows on from OneFortyOne’s purchase of Nelson Forests (including Kaituna Sawmill, near Blenheim) in 2018.
Sylva Wood is Asia’s only specialised trade show for the wood materials. The event is organised by China Timber and Wood Products Distribution Association, Shanghai Timber Trade Association and Shanghai Pablo Exhibition.
Mosaic Forest Management has announced work from home measures consistent with the recommendations issued by the Federal and Provincial Governments in response to the COVID19 virus. Business functions will continue, with most employees working remotely. Forest-based operations including log hauling and reforestation pr...
UPM is one of the first companies to link the pricing mechanism of a syndicated revolving credit facility (RCF) to both biodiversity and climate targets. BNP Paribas acted as a sustainability coordinator for the facility.
Remsoft announced that a new Transportation Scheduling module will be available by mid-year for Remsoft Operations, the company’s cloud-based operational planning system for forestry.
Mosaic Forest Management’s forest operations remain curtailed due to continued poor market conditions. The company announced that a small hauling and transportation program has been initiated to recover the remaining timber decked in the forest that was harvested prior to the curtailment. To avoid degradation of this t...
Segezha Forest Industry Group has started work on the project to develop seed plantation centers that will grow containerized tree seedlings (CTSs). According to the road map, after the pilot forest nursery in Sharya is launched, by 2023 it is expected to produce the first 4 million seedlings.
Canfor Corporation announces that the transfer of the Vavenby tenure to Interfor is now complete. The sale of the Vavenby tenure provides the best opportunity for future economic activities and employment in the local communities.
Christoph Zeiler has been appointed Metsä Group’s SVP Corporate Affairs, Germany. He is responsible for corporate affairs in Germany and is Metsä Group’s key contact to German decision makers in the European Union.
The American Forest Foundation (AFF) has received a total of $1.5 million in funding over three years from the Dutch Biomass Certification Foundation (DBC) to proceed with a comprehensive sustainability assurance program.
Interfor Corporation has received approval from the Province of British Columbia (BC), Canada, related to the agreement to acquire cutting rights in the Adams Lake area of the BC Interior from Canfor Corporation. Closing of the transaction is expected to occur before the end of 1Q 2020.
Tigercat launches LogOn, a powerful onboard information system to optimize machine performance and reduce downtime. The LogOn system collects data automatically and provides extensive built-in reporting and analytics.
On-the-ground experts check supply chain practices, supported by a suite of scientific tools such as DNA and isotope testing to independently verify data.
The revised and improved license agreement for the FSC certification scheme will initially be implemented with a pilot phase, starting early in the 2Q 2020 in Brazil, China, Germany, Russia and the United States before being extended to other countries later in the year.