IFI to hit the ground running in 2008 - December
With the first edition of International Forest Industries landing on the desks of the global forestry community early this month, the IFI editorial team has started putting together stories and information for the first edition of the New Year.
The launch edition of the magazine included a general overview of current industry issues through the ‘Industry Voice’ feature, as well as more detailed features on the developments and direction of some of the larger players.
In our second edition, we aim to take a closer look at some emerging stories from the industry that are either innovative, entrepreneurial or both as well as covering the news and views from around the world.More...
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World Bank money to keep pristine forests - 14th December '07'
On December 11, World Bank Group President Robert B. Zoellick launched a groundbreaking financing mechanism to combat tropical deforestation and climate change. The Forest Carbon Partnership Facility (FCPF) was developed because some forests are more important left standing than cut. It will reduce deforestation and forest degradation by compensating developing countries for carbon dioxide reductions realised by maintaining their forests. More...
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Forestry Tasmania profits to decline over the long term: Greens - 13th December '07'
Forestry Tasmania’s operating profit had been cut from A$25 million to just over $500,000 in the past four years, the company revealed at Government Business Enterprise hearings last week.
Forestry chief executive Bob Gordon blamed the loss on tough trading conditions with a volatile market, a substantial drop in wood sales, and rising contractor costs, according to an ABC report.
He predicted the result would turn around over the next five years, the report said.
"As the extra profit from the two major downstream processing Southwood projects at Huon and Smithton come on stream and as the 25% price increase on regrowth logs and the 85% increase in plantation logs come on stream as the pulp mill gets built."More...
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Major corporation wins FSC certification - 14th December '07'
One of the world's largest brands of cut-sheet paper has earned Forest Stewardship Council (FSC) Chain-of-Custody certification from the Rainforest Alliance's SmartWood program.
Xerox Corporation will now be able to purchase and sell FSC-certified paper at 77 distribution centres in 17 countries in North America and Europe – covering the greatest geographic area of any FSC Chain-of-Custody certification to date, a report from the Rainforest Alliance said. More...
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