GLG News by Timber and Forest Industry Consultants

Newsprint prices in North America will be approaching their peak for this cycle during the third quarter of this year, if they don't actually reach it. After that, it will only be a matter of months before prices turn downward, returning by late 2009 to levels where many mills are losing cash once again....

There are 530 major newspapers in the US which are struggling with the highest newsprint prices since 1995.  They have already reduced the weight of the paper to 45 gsm and reduced the width of the paper. The NY Times instituted a waste reduction campaign that produced a 10% reduction in paper...

USA has only 3 years of proven reserves left if there were no imports ANWAR and off shore deposits are about 30 billion barrels With consumption at 21 million barrels/day presently avirtual drop in the bucket weith at least 10 years to develop Solution is to decrease demand, with more fuel efficent...

The Halsey mill was sold twice in one week.  First to Ableco for $24 million (but only $10 million in cash, the remainder was debt assumption).  Wayzata stepped up and bid $31 million cash but immediately refused to recognize the local Union.  Will this allow them to reduce the 180 man...

The article very dramatically portrays the plight of the wood products industry and its workers in British Columbia and raises the question: " When will homebuilding pick up to the point where all the shut sawmills will be able to restart? But, more importantly, will all these shut mills still be able...

It has been reported that fully half the sawmills in British Columbia are now down for lack of orders.  This means that all those pulp mills who formerly purchased great quantities of chips (in some cases, 55% of their total fiber supply) have had to resort to other means.....(1) additional...

The Halsey mill has a number of valuable assets - the ability to produce Unbleached Softwood (most mills have gone out of this grade), two tissue/towelling machines, a deinking pulping operation, a pulp grade (NBSK) that is in demand all over the Pacific Rim and SE Asia and a location right on...

Raising the duy of all logs to 80 euros/cubic meter will put half the mills in Sweden and Finland out of business it's been reported. Already these mills are operating with the world's highest wood costs - some say as high as US$256/mt or almost six times as high as Ara Cruz's world costs for plantation...

New Zealand is utilizing waste material from forest for bioenergy.  We have a long history of development and use of bioenergy.  There are several approaches that can be taken that are environmentally, socially and commercially sound.

The US Government has fashioned the Tax Laws to make it advantageous for large land owners like Weyerhaeuser to convert to a REIT.  This would be similar to what several Canadians (i.e. Canfor and SFK) have already done. Weyerhaeuser is one (if not the) largest landowner in the Pacific Northwest.  ...