Asia’s dominant position in the global panel demand and supply cannot be challenged, but in the future the real game changes will be raw material supply security, uncertain and high cost energy, access to the state-of-art technology and best-in-class industry practices. Source: Timber
Investors and speculators on the receiving end of Sino-Forest’s credit default swaps, which act as insurance on the company’s bonds, will be paid 71 cents on the dollar for their holdings. Source: Globe and Mail
Led by British Columbia, Canada emerged as the largest exporter of lumber in the world to China in 2011, surpassing Russia as the Middle Kingdom's No. 1 source for lumber. Source: Vancouver Sun
Ta Ann Holdings in Malaysia is increasing the harvest of its plantation logs to produce hybrid plywood and started planting acacia trees last year to fulfill this plan as it is a fast growing commercial timber. Source: The Star
A new type of contact drying method has been developed by Aalto University in Finland, the research was reported in the International Wood Products Journal. Source: Ingentaconnect
A new strategy aimed at monitoring the supply chain of timber products using genetic and stable isotope markers will play a vital role in international efforts to combat illegal logging. Source: CIFOR Forests Blog
Ghana will import logs from Cameroon after losing its forest cover, which stood at 8.2 million hectares a little over a century ago. The imports will feed mills in Ghana. Source: IHB
A team of scientists from the USDA Forest Service's Pacific Southwest Research Station and the University of Córdoba in Spain recently developed a new methodology that measures the economic impact of forest fires on timber resources. Source: Timberman
Indonesia's trade minister, Gita Wirjawan, will travel to Europe to press the case for more timber trade with all member states of the European Union with the support of Indonesia’s forestry sector. Source European Voice
Up to half of the UK government’s 2020 renewable energy target could be met by energy crops, wood and other forms of biomass according to a recent government report. Source: Farmers Weekly