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Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global
January 10, 2019

Forestry industry production in Ireland to double by 2035

Forestry industry production in Ireland to double by 2035
The Irish forestry industry might invest around €250 million during the next years, in the preparation of a major expansion period. Forest Industries Ireland (FII), a new trade body, forecasts that the timber supplies will double up by 2035 and increase the turnover to €1.6 billion from €800 million.    As reported by Irish Times, Fergal Leamy, chief executive of State forestry company, Coillte, said that the sector has invested €250 million over the last three to four years.  “I would say that there will probably be the same amount again invested in the ...

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