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...A good portion of the subsidies for woody biomass must end up in the pockets of lumber mill and forestry industry owners....
...of the US south-east, which shut sawmills....
...This company shares a Russian director with “Velada LLC”, which was granted a concession by the Assad regime in Syria to explore for oil and gas....
...It said lumber companies minimised waste by selling offcuts — whether from old growth trees or younger woodland — to groups including paper and pellet mills....
...Viewed in this way, lumber costs do not accurately indicate future DIY retailer sales. True, the astronomical surge in lumber prices did turbocharge top line growth at both companies....
...In the meantime, the run-up in lumber prices is proving to be hugely profitable for big forestry companies such as West Fraser Timber Company....
...You’re seeing this with Russia’s recent move to sell off dollars from its reserve fund and more aggressively push Russian companies to transact in euros wherever possible....
...To meet that demand, sawmills can steadily increase supply, but any quick rise in capacity is tough, analysts added....
...“Lumber prices have virtually exploded in recent months, and sawmills can’t keep up,” said Felix Leiss at Ifo....
...Prices for Finnish sawn timber, a guide for the European market, have jumped 57 per cent in a year to €270 for a cubic metre as sawmills run at full capacity....
...Meanwhile lumber keeps roofing (sorry) thanks to bottlenecks at sawmills, a decade of underinvestment and unprecedented demand for homebuilding and renovations Stateside....
...My investment in Fornebu Lumber Company, the Canadian forestry operation, has at least managed to hold its own....
...Dragon Woodland owns a sawmill in Helena-West Helena that employs 53 workers. In 2017, the company exported 90 containers of logs a week....
...High prices and high demand meant massive first-quarter profits for lumber companies....
...Pedro Moura Costa’s Rio de Janeiro-based company, BVRio, plans to use big data to assess whether potential sellers are in compliance with US and European restrictions on illegal wood imports....
...The returns on timber, a favourite of founder Jeremy Grantham, are expected to average 4.8 per cent (but the valuation methodology is different due to the idiosyncrasies of lumber prices)....
...Vivien Leigh as Scarlett O’Hara turned her second husband’s general store into a lumber and sawmill empire. As Mildred Pierce, Joan Crawford set up a restaurant chain....
...He’s standing amid the sawdust and plastic oil containers of an abandoned sawmill set up by illegal loggers. The poachers have left behind a tree stump and offcuts....
...Both the US and the EU now have regulations which place the responsibility for ensuring legal wood sources on their domestic companies....
...They can discover illicit sawmills, make arrests and prevent the sale of illegally cut lumber, as well as the proceeds from funding more criminal activity....
...Now, thanks to a Rbs12bn ($380m) investment from Roman Abramovich’s asset management company Millhouse LLC, the island stands to become both a focal point for contemporary culture – an area of art galleries...
...For British Columbia’s sawmills, China has become more than just a booming market....
...When Burlington Northern Railroad Company spun off its energy and lumber group, Burlington Resources, arbs simultaneously bought one stock while selling short the other....
...Schweighofer, which operates sawmills, and Egger, which manufactures chipboard, decided together to open neighbouring facilities in the town....
...Most of the lumber mills, whose acrid steam used to give the coastal northwest its characteristic smell, have closed down during my time here....
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