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Africa

Central/West Africa: Demand trend shifts to quality rather than pursuit of lowest price

Log prices were unchanged throughout May in Central/West Africa and show no signs of movement even though there are [...]

Rui Correia the new CEO for Sonae-Arauco

Further to the completion of the strategic partnership between Sonae Indústria and Arauco for the European and South African [...]

Value of softwood lumber exported by Sweden and Finland to Egypt dropped 50% since 2014

The countries in the Middle East and Northern Africa, the MENA region, have become a major destination for European softwood [...]

The global forest industry in the first quarter of 2016

Relatively small adjustments in both exchange rates and in log prices in local currencies, resulted in the smallest quarter-to [...]

Sonae-Arauco is now the second wood-based panel producer worldwide

Arauco has completed the share agreement for the purchase of 50% stake of the Sonae Indústria’s subsidiary Tableros [...]

Greenpeace shows how illegally logged African wood arrives to Europe

Africa’s rainforests are being illegally deforested and the wood is likely to be exported to the European Union countries [...]
May 27, 2016 Daily News / Forestry / Africa / Global

European Union and FAO unite to fight illegal logging

The European Union (EU) and FAO have agreed to step up joint efforts to support tropical timber producing countries in [...]

Global investment firm to invest $50 million in Angolan timber

Global investment firm Quantum Global Group announced that the Government of Angola has leased over 80,000 hectares of plantations [...]

Demand for US softwoods in Mena region expected to climb

Once with the booming construction and housing market in the Middle East and North Africa (Mena region), US softwood exports [...]

Central/West Africa: Timber demand in China and EU moves ahead

Selling from Central/West Africa to the Chinese market has steadily firmed, especially for the higher quality species and grades [...]