The Finnish forest companies in attendance at the Finland-Russia Forest Summit held in St. Petersburg on Sunday were left with only a vague idea of what kind of conclusions they should draw from the meeting.

љ"By considering forests as an integral part of wider economic and social development goals, we will make giant strides in our efforts to reduce poverty, hunger and malnutrition."

Many Finnish forest owners consider that selling timber is a complex business. Not so, says a woman who has sealed thousands of deals.

The international financial crisis has put a damper on global trade of wood chips used for pulp manufacturing in 2009, reports Wood Resources International. The biggest decline has been in shipments from Australia, South Africa and Uruguay to Japan.

Earnings reports of manufacturers, trading firms, and distributors of building products were unprecedentedly bad in the first half of 2009. After the second half started in October, each company is maintaining a cautious attitude as recovery in demand is still unforeseeable.

Wartsila has today opened a Service Centre in Murmansk, Russia to serve the rapidly growing number of vessels in northern waters. The Service Centre demonstrates Wartsila's commitment to expand in line with the increasing marine activity in the Barents Sea region.

Company Pilous - band saws will introduce a new power saw at the trade fair WOOD-TEC. It is a brand new conception of the machine, mainly for cutting wood - trunks into slabs.

Exports of wood chips from Australia have declined 28% in 2009 but the country is still the largest chip exporter in the world, reports the Wood Resource Quarterly.

The Conference will be held in Moscow International Exhibition Centre Crocus Expo during the 16th International Building & Interiors Exhibition "MosBuild 2010".

State Duma of RF adopted in the final reading the law, which allows the government to reduce the number of checkpoints for the export of Russia's logs. It is supposed that this will help to reduce the number of illegal export of timber abroad.

Russia considers postponing the planned increase of its export duties on roundwood timber by yet another year.

Global sawlog prices are close to five-year low because of weak lumber markets in the 2Q/09. Prices for softwood lumber have fallen in most markets worldwide the past year,including Europe, North America and Japan and have pushed sawlog prices close to a five-year low.

According to the State Forestry Administration, the performance of China’s forest industry showed gains during the first half of 2009.

MOSCOW: Russia will not lower its export duties on timber next year, Economics Minister Elvira Nabiullina was quoted as saying on Saturday, despite a trade row with Finland over the taxes.

"We can only be disconcerted by the decision of Fiera di Rimini and we are ready to face this challenge and defend Xylexpo's leadership by any means necessary".

RENEXPO R Austria celebrates its premiere International Trade Fair and Conference for Renewable Energy and Energy Efficient Building and Renovation.

The global downturn has put Russia's forest industry in a difficult situation. All the measures adopted so far have been aimed the increasing of the timber working in the country. However, in the period, when investors can't afford any expenses, the only thing that can support the timber industry - is an export. The only problem is that foreign wood-consumers, which were convinced that the forest should be processed in Russia, have found over the past few years new suppliers.

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