GLG News by Timber and Forest Industry Consultants

Who among all the participants will survive the continuing slow housing market?  In this integrated industry, the pain from declining revenues and profits in the red span the gamut of participants, from builders down to wood cutters in the forest?  Is anyone exempt?  Who is positioned...

Global demand is expected to grow by at least 3.5% in the next 12 months with very little new tonnage coming on stream to meet this demand. China's total fiber demand is expected to grow to 81-90 million mt by 2010.  This year they expect to import 7.5mmt of virgin pulp. Tissue machines are being...

For the second year in a row pulp prices have increased across the board with NBSK now at US$810/admt and going up again in June/July. Bleached Eucalyptus is the highest priced hardwood at US$715. China will is expected to purchase 7.5 million mt this year and their appetite continues to grow as new...

Timberland has been an excellent investment over the last 30 years – both for the return it has provided,  and as a diversification vehicle. Wells with their experience in other forms of REITs is expanding their product mix by launching a Timberland REIT.  However, in some important ...

 "A severe log shortage made worse by nine months of extreme weather conditions on the B.C. coast is pushing up log prices and pitting log exporters against local sawmillers who say they need the wood to keep operating. "  Meanwhile a deep slump in the US housing market has caused...

 New York City has pledged to plant 1 Million new trees by 2017 to reduce pollution and cool temperatures in the city. The target article which was analyzed ( http://abcnews.go.com/US/wireStory?id=3064822 ) also mentions that NYC has a goal of reducing CO2 emissions by 30 % over...

Weyerhaeuser(NYS:WY) and Chevron(NYS:CVX) have announced that they will pool their efforts to assess the feasibility of commercially producing ethanol (for fuel) from cellulose.  Ethanol is relatively readily produced from cellulose, but much work remains to be done to develop and perfect economically...

The article describes the strong trend over the last ten years for wood products companies to sell off their timberlands - primarily to Timberland Investment Management Organizations (TIMO's).  The strong financial drivers of this trend are described - among which is the lower volatility of...

The original article points out that the sudden decline in demand for structural panels has lead to an oversupply situation - even with just existing capacity -  that has lead to price reductions and cutbacks in expansion plans.  Some OSB producers are instead looking at merger and acquisition...

International Paper continues to expand its presence outside the USIP and Ilim have created a dynamic enterprise in Russia that brings together IP's considerable wealth with Ilim's 4 pulp mills and extensive logging permits to harvest millions of acres of Pine, Spruce and Larch treesRussia's domestic...