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BSW Timber announces investment programme for Newbridge-on-Wye sawmill

2 Sep 2016

BSW Timber has revealed plans for a multi-million pound investment programme in its sawmill in Newbridge-on-Wye, Powys. This is the next phase of BSW’s GBP 4 million ($5.3 million) investment programme for the mill which started in 2013 - and the current investment phase is set to double existing production capacity.

Renewables News

JP Morgan ups solar stakes

1 Sep 2016

JP Morgan Asset Management said investors it advises have acquired the outstanding shares in solar power producer Sonnedix Group, which has a total operating capacity of 353MW.

Forestry News

New Consultation is Major Opportunity for Scottish Forestry

31 Aug 2016

A Consultation on forestry in Scotland is a “once-in-a-generation opportunity” to secure the future of a successful £1 billion industry, according to leading trade body Confor.

Renewables News

Scots target onshore costs - Report outlines ways to achieve savings of more than £150m

17 Aug 2016

Scotland’s next generation of onshore wind farms could be at least 20% cheaper if the Scottish and UK governments work with industry and regulators to remove barriers, according to Scottish Renewables. In a study, released today, Scottish Renewables said industry could cut onshore wind costs by more than £150m a year by making a series of changes.

UK Imported Wood Increasingly Expensive

16 Aug 2016

UK home grown timber is becoming more competitive against imported wood, due to the decrease in the strength of sterling in the wake of the EU referendum. With the European Organisation of the Sawmilling Industry (EOS) anticipating a 2.2% increase in the consumption of softwood lumber in the UK compared to 2015, UK timber growers have a captive market as the UK still imports around 80% of its wood needs.

Renewables News

Scotland produces more wind energy than it needs.

14 Aug 2016

As wind speeds hit 115 mph on the top of the Cairngorms on the first Sunday of August, Scotland’s windfarms produced more electricity than the country needed for the first time on record.

Renewables News

Could Brexit Benefit the UK's Onshore Wind Industry?

27 Jul 2016

In the wake of the referendum on the 23rd June, at which the people of the United Kingdom elected to leave the European Union, there has been much speculation about the negative aspects of the split. With the economy plummeting immediately and the government in disarray, it’s been hard to see a way out of the mire we currently find ourselves in. - See more at: http://www.pollutionsolutions-online.com/news/green-energy/42/breaking_news/could_brexit_benefit_the_uk39s_onshore_wind_industry/39572/#sthash.Mn718Ri6.dpuf

China Investigating High Rise Timber Buildings

27 Jul 2016

In 2015 China decided to promote timber as a viable alternative to conventional steel and concrete in construction of high-rise buildings. Building with wood will not only have a positive impact on the climate, but also on the European exports of timber products.

Forestry News

Norbord positive on business prospects in spite of Brexit

26 Jul 2016

Wood-based panels producer Norbord says business fundamentals remain positive in spite of uncertainty caused by the UK’s Brexit vote. Norbord’s comments on the market came in its Q2 financial results, which show its European division recorded a 10% improvement in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA).

Forestry News

World’s tallest timber tower could be built in Amsterdam

25 Jul 2016

HAUT, the 21-storey wooden residential building by the Dutch River Amstel, is a serious contender to become the tallest timber tower in the world. The municipality of Amsterdam has selected Team V Architecture with Lingotto, Nicole Maarsen, ARUP and brand partner NLE to develop this remarkable high-rise structure. Construction work is expected to start in the second half of 2017. HAUT promises to be a prototype of building in an innovative, sustainable and environmentally-friendly manner.

FTSE AIM index has fallen 30% in its 21 years of existence

11 Jul 2016

Many investors choose to invest in the AIM Index because of the inheritance tax relief provided. However, analysis from Hargreaves Lansdown has revealed the extent to which the Index can put capital at risk.

Forestry News

Timber firm James Jones plans new Johnstonebridge plant

8 Jul 2016

Sawmill group James Jones and Sons has tabled plans to build a new timber processing plant in Dumfriesshire. It is part of a move by the firm to expand its operations in the area. The site earmarked for the processing facility is on agricultural land close to the A74(M) at Hangingshaw, near Johnstonebridge. It would act as a satellite to its current sawmill complex which lies just a few miles south at Stephen's Croft on the outskirts of Lockerbie. That £25m plant opened in 2009 and remains one of Europe's most technologically advanced sawmills, employing about 150 workers.

New Pulp Capacity Raising Wood Requirement in Scandinavia by 10 Million m3 per Annum by 2018

6 Jul 2016

Additional pulp production capacity in Sweden and Finland will lead to an increased wood requirement of 10 million cubic metres per annum by the end of 2018. Domestic wood sources will probably be insufficient to supply the additional volume requirement. An increase in both countries’ imports of industrial wood, as well as a reduction in exports is therefore likely.

Asian Sawntimber Demand Increasing Prices In The UK

6 Jul 2016

Increased demand for softwood sawntimber in China and other Asian countries is causing price increases in the UK as Scandinavian producers divert volumes eastwards. Demand in Europe is gradually increasing too.

Forestry News

Timber is a longtime favorite of some of the top investors in the world, including value-investing legend Jeremy Grantham and the Harvard University endowment.

23 Jun 2016

In Grantham’s view, timberland is the single best long-term investment there is. According to his firm’s research, timber has risen steadily in price for 200 years and has returned an average of 6.5% a year during the last century. Looking ahead, his firm predicts a 4.8% return for timber over the next seven years. That compares with a negative 2.3% return for large-cap US stocks (after inflation) over the same period.

Middle Eastern and North African countries imported 10% of globally traded softwood lumber in 2015

15 Jun 2016

Middle Eastern and North African timber consumption increases are positive for UK timber prices