IFI June - July 2010 now online Check out August / September 2010

The AU$2 billion Penola Pulp Mill project in South Australia, shelved during the global recession, has been revitalized since The Commonwealth Bank recently came on board to help raise capital costs for the 750,000 tonnes/year mill, The Advertiser reported on 5 July.

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China’s potential fibre-supply gap (the difference between total demand and total domestic supply) is projected to reach approximately 150 million m3 (roundwood equivalent) by 2015 - or a volume that is more than the entire Canadian timber harvest in 2009 - a strong indication that China’s wood imports must continue to rise in the short- to medium-term period to match with projected consumption reports International WOOD Markets Group,. (more…)

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