In the latest figues from the Finnish Forest Industries Federation (FFIF), Finnish sawn softwood production increased by 5% in the first half of 2016.
The total softwood sawn timber production between January to June amounted to 5.8 million m³ while the second quarter has already seen a production of 3.1 million m³, a 16% growth from the previous quarter and an 8% increase from a year ago.
Investments in Finalnd’s forest industry has also started to expand, but FFIF said the positive development “can only continue in a competitive operating environment.”
In addition, several matters that are up for discussions in the European Union will have an impact on the forest-based sector.
“Proposals regarding the European Union’s implementation of the Paris climate agreement were complemented by the Commission’s publication of emission-reduction obligations for sectors not covered by emissions trading,” said Timo Jaatinen, FFIF director general.
“The 39% emission-reduction target imposed on Finland is very challenging. The possibility of taking full advantage of sustainable annual harvesting opportunities must be ensured when drafting regulations concerning the climate and the environment.”
Source: Timber Trade Journal