George McRobbie is set to retire from his current role on 7th October 2020 as a director but will continue to support the BSW group as a Non-Executive Advisor.
Andritz and Metsä Fibre have signed a preliminary agreement under which Andritz will supply two fully autonomous logyard cranes to the planned Metsä Fibre bioproduct mill in Kemi, Finland. Metsä Fibre will make the Euro 1.5 billion investment decision for the new mill in autumn 2020 at the earliest, and the new mill wi...
Japan's log export volume for the first six months of this year is 636,356 m3, 3.7% more than 2019. Cedar is 553,591 m3, 5.6% more and cypress is 76,658 m3, 10.1% more.
Stocks of Sweden's coniferous sawlogs, pulpwood and chips are estimated to have reached 9.1 million cubic metres as of June 30, 2020. This is a decrease of 10% since the same date last year, according to statistics from the Swedish Forest Agency.
Australia's Kangaroo Island Plantation Timbers Ltd. (KIPT) has signed a contract for the construction of the Kangaroo Island Seaport at Smith Bay.
Under the amended MFPR, the maximum dimension of lumber to be considered a sawn-wood product will be 0.1 square metres (approximately 12 inches by 12 inches). This will require further domestic processing of lumber prior to being eligible for export.
China’s log imports fell sharply in the first half of 2020 to 24.51 million m3 valued at $3.558 billion, down 60% in volume and 62% in value from the same period of 2019.
Slovenia's roundwood purchased from private owners in July 2020 was worth Euro 3 million, which is 33% more than in the previous month and about 42% less than in July 2019.
The company Minusa Trator Pecas Ltda is no longer Logset dealer in Santa Catarina state in Brazil. Brazilian partner Pesa CAT will take over all Logset sales and customer support operations, also in the state of Santa Catarina.
The trend of decreasing delivery prices has been ongoing for a full year, according the Swedish Forest Agency. The price of pulpwood decreased by 2.8% and the sawlog price by 2.6%, in comparison with the 1Q 2020.
Morbark, LLC appointed Bradley (Brad) Boehler as the successor to current Vice President of Alamo Group’s Forestry and Tree Care Business Unit and President of Morbark Holdings, Dave Herr.
Global trade of softwood logs fell by approximately 15% year-over-year during the first half of 2020 as the consumption of lumber dropped throughout the world.
Ghana’s wood product exports for the first five-months of 2020 slipped to 76,551 m3 (Euro 38.00 million), from 128,842 m3 (Eur 66.05 million) in 2019. The market was particularly dull as could be expected and buyers were very cautious taking smaller volumes of their favoured species and products.
Komatsu Forest is introducing a brand-new thinning concept, Thinning Experts (TX), which includes the Komatsu 835TX and the all-new Komatsu 825TX. The new TX machines have several new features that enable them to easily navigate dense stands while maintaining high production, making them particularly well suited to thi...
In the first half of 2020, Precious Woods Holding's sales amounted to Euro 23.1 million, and earnings before interest and taxes (EBIT) amounted to Euro –0.4 million or –1.9%. Despite sales growth of 1.9 %, this represents a reduction in EBIT of Euro 1.8 million compared with the same period of the previous year.
Nordautomation Oy will supply two 60-bin log sorting lines to ULK Group in Russia. ULK Group is investing about Euro 400 million in one of the country’s biggest sawmill investments.
Honkarakenne’s revenue (net sales) for the first half of 2020 grew by 4% and amounted to Euro 22.6 million, compared to Euro 21.7 million in the 1H 2019.
The trend of decreasing delivery prices in Sweden has been ongoing for a full year. The price of pulpwood decreased by 2.8% and the sawlog price by 2.6%, in comparison with the 1Q 2020.
OneFortyOne Plantations (OFO) announces resignation of Linda Sewell as CEO, effective 28 August, 2020. Andy Giles Knopp will continue to serve as Acting-CEO, a role he is well-suited for given his knowledge of OFO’s integrated businesses and his experience since 2016 as OFO’s CFO.
The Nature Conservancy and International Paper Company completed the first of a two-phase effort to develop a suite of state-of-the-art forestry practices that others can use to create long-term solutions to global climate challenges. With initial work completed in Indonesia and Gabon, the partners are scaling up these...