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Give credit where its due

  Jakarta Post    Jakarta    Banks to increase credits to the long-neglected forestry sector, says NGO su
As the government has relaxed some regulations on the forestry-based industries, forest concessionaires (HPH) are preparing for additional financing from banks which have long neglected the sector.

Profit and Loss

Canadian forest, paper and packaging companies lost a total of $660 million in the second quarter of 2009 while their American counterparts, buoyed by $1 billion in fuel tax credits, posted an $839-million profit, according to a PricewaterhouseCoopers report. Reports Gordon Hamilton, Cmawest News Service

Russia postpones timber tariffs until 2011

Decision to delay until 2011 has little impact on forest industry now.
Russia is again postponing the planned increase of its controversial wood export tariffs reports Helsingin Sanomat.  This time the delay is to extend until 2011. The first to report on the postponement was the financial newspaper Vedomosti, which quoted sources in the Russian civil […]

Sweden consumes more than 20% of the world’s wood pellets and demand is growing

 The decision by EU to use a minimum of 20% renewable energy by 2020 has driven a rapid increase in wood pellet production in Europe. Sweden, Germany, Denmark and the UK are expected to have the fastest growth in consumption the coming 10 years, reports the Wood Resource Quarterly.   

Tigercat 630D skidder hits the market

  PARIS ON, SEPTEMBER 1, 2009 - Tigercat has replaced the 630C with the new 630D, the most industry’s most advanced, highest capacity four-wheel drive skidder.Tigercat claims the new D-series skidders are the most efficient, high production and operator friendly ever produced by Tigercat. While the 630C was equipped with an 8.3 L engine, the […]

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