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Report
from the UK
Swedish tycoon new Brown forestry advisor
The TTJ reported that multi-millionaire John Eliasch has been appointed as a green envoy by Prime
Minister Gordon Brown. Eliasch, who bought 400,000 acres of Amazon rainforest last year for
environmental reasons, said he is looking forward to making a difference in UK domestic and global
policy. Prime Minister Brown has made a number of special appointments for forestry over
recent months.
EUROPE
MARKET and Scandinavia
DLH reports 7% rise in turnover
Dalhoff Larsen and Hornemann A/S (DLH) turnover increased during the first six months of 2007, up 7% from
the same period in 2006, reported EUWID. However, the company’s hardwood division was
stagnant at DKR2.08 billion, due to transport problems from the company’s
subsidiary in the Democratic Republic of Congo. The company continues to expect turnover for 2007 to reach
DKR7.5 billion, up from DKR7.2 billion in 2006, and operating profits (EBIT) of around DKR330 million.
Elliotis pine plywood prices stable despite weak demand
EUWID reported on the slowdown in demand in North America and Europe for elliotis pine plywood from Brazil.
They noted that the slowdown could be partly attributed to the summer holiday period and that
demand will rebound in September. However, others note that because of price
hikes, importers may postpone purchases and await market developments as the year progresses. Prices of more than
USD320 per m3 for 20mm C+/C elliotis pine plywood had been reported for shipment in August and
September, although the price seemed to fall to USD315 per m3 more recently. Since August,
shipments of elliotis pine plywood have been delayed due to problems at ports used for
exporting plywood. As a result, importers’ stocks of the plywood have fallen to low levels.
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