News archive

Tag: Forestry

Sumitomo Forestry acquires a U.S. Land Development Company

10-10-2018
Sumitomo Forestry, acquisition, U.S. land development company, Mark III, Northwestern South Carolina

Sumitomo Forestry Co., Ltd. announced that it has acquired a 60 per cent equity interest in the United States Mark III Properties, LLC (hereinafter: Mark III) through its wholly-owned subsidiary, Sumitomo Forestry America, Inc.. A celebrative reception for the new partnership was held on August 14, local time. The Sumitomo Forestry Group cited …

Vietnam’s forestry exports are slated to hit US$6.64 billion

02-10-2018
Vietnam, forestry exports

According to Nhan Dan (People) newspaper, trade surplus of key forestry products in Vietnam hit US$4.97 billion, with wood and wood products making up US$4.64 billion alone. For the first nine months of 2018, the United States (U.S.), Europe, China, and the Republic of Korea were the leading importers of wood and wood products from Vietnam, …

Sumitomo Forestry plans world's tallest timber tower

15-05-2018
Sumitomo, Forestry, timber building

Japanese timber company Sumitomo Forestry has announced plans to build a 350-metre timber building that will rise head and shoulders above all the world’s wooden structures. The W350 Plan development commemorates the company’s 350th anniversary. When completed in 2041, it will also stand as Japan’s tallest building and the …

China’s timber industry will transform in the next five years

27-12-2017
ITTO, China, forestry, timber

According to government’s 13th Five Year Plan for Forest Industry Development, the total value of China’s timber industry output will reach 8.7 trillion yen. The plan projects a transformation of China’s timber industry from resource orientation to innovation and that management will shift from “extensive” to …

Editor’s pickBringing the forest back into the city

27-10-2017
urban forestry, peri urban forestry

Urban and peri-urban forestry is not a new concept. In fact, it has been around for years. Simone Borelli from the Food and Agriculture Organization shares its numerous benefits.  Cities and metropolises may cover two per cent of the planet’s surface, but that is nothing when compared to the forest blanket sprawling over 30 per cent …

Finnish roundwood consumption up 4% in 2016

13-06-2017
Luke, forest chips, forestry, Finnish, sawmills

Finland consumed 67.4 million cubic metres of roundwood in 2016, up four per cent compared to a year earlier and seven per cent above the average over the previous five-year period. Consumption of forestry by-products such as sawmill chips and dust amounted to 9.3 million cubic metres, according to the Natural Resources Institute Finland …