SOUTHERN HEMISPHERE FORESTRY
December '99 Headlines
Southern Hemisphere Pulp and Paper State the New
Millennium Nudging US$8 billion in Revenue
The December edition
of the Southern Hemisphere Forest Industry Journal features
The annual Survey
of Pulp and Paper in the Southern Hemisphere.
Two key findings to come from the survey are:
The large amounts of revenue pulp and paper is
generating for companies and shareholders. We
estimated US$7.5 billion from public companies alone.
The important role pulp and paper companies play
in generating export revenue for the countries of the Southern Hemisphere - nearly US$3
billion for the main countries surveyed.
Summaries are provided of country-by-country
performance and details are provided of company developments.
The US company Weyerhaeuser outlines its
strategy following investments in New Zealand and subsequently in Australia.
Boral Timber has secured woodchips for its
Tasmanian plants following a A$13.5 million deal involving a Japanese consortium and the
States Forestry Tasmania.
We report on progress on the Regional Forest
CSR Limited reports a positive result, and
remains seen as a takeover target.
Gunns is buying Borals hardwood and
In a slightly unusual move, Carter Holt Harvey
is seeking investors for a sawmill it plans to build adjacent to a new laminated veneer
lumber (LVL) plant in Northland.
The Government Labour Government is taking a
hard line on controversial deals done by Timberlands West Coast which were said to be
models of sustainable native logging.
Fletcher Challenge Paper has sold a eucalypt
resource it had been building up, but has supply agreements.
Rotorua-based forest management company, PF
Olsen Ltd, has opened up shop as an application service provider, providing the base
computer network for small to medium sized companies.
The trade in Argentine forest products continues
to climb, with Mercosur being the main partner.
A new US$14 million sawmill is planned in
Misiones, Argentina, along with a planting programme.
Visitors from a number of countries have been
reviewing the Argentines forestry prospects.
Chilean interests continue to investment in the
development of forestry in Argentina.
Added value exports from Chile have continued to
grow, although some sectors suffered following the Asian economic crisis.
Masisa, Latin Americas leading panel and
board manufacturer, has reported a positive result for the year ended 30 September 1999.
Exporters look set for a New Millennium party of
their own. Millers has shrugged off the blues
of 1998/99 and have a more positive attitude. This
is in spite of a slump in some prices for products sold in the US, and the knowledge that
a hangover generally follows the party.
SOUTHERN HEMISPHERE PINE
The Southern Hemisphere Pine Price Index is the
average of all prices for pine lumber across the main forestry countries of the South. Available to subscribers.