Corporate Giants Decry EU’s Second Deforestation Regulation Delay, Cite Investment Losses
Major Companies Voice Frustration Over Repeated Postponements Leading global food and consumer goods corporations are expressing mounting frustration as the…
Tag: Lumber
New Wood Analysis Method Boosts Detection of Illegal Timber Trade by 94%
A breakthrough study reveals that combining chemical and genetic analysis can pinpoint timber origin with 94% accuracy within 100km. This method addresses widespread illegal logging in Congo Basin regions where up to 90% of timber exports may be illegal. The technique comes as EU implements stricter deforestation regulations requiring origin verification.
Breakthrough in Timber Tracing
Researchers have developed a method that significantly improves detection of illegal logging by combining chemical and genetic analysis of wood, according to a new study from Wageningen University & Research and international partners. The technique can determine the origin of tropical hardwood with 94% accuracy within a 100-kilometer radius, sources indicate, addressing a critical need in combating the lucrative illegal timber trade.
Rayonier and PotlatchDeltic Announce $8.2 Billion Merger to Create Timber Industry Leader
Two timber industry giants are joining forces in a landmark merger that reshapes North American forestry. The combined company will control massive timberland assets and manufacturing capacity amid volatile lumber markets.
The timber industry is witnessing a historic consolidation as Rayonier and PotlatchDeltic announced their merger in an $8.2 billion all-stock deal. This strategic combination creates one of the largest publicly traded timber and wood products companies in North America, positioning the new entity to better navigate the volatile lumber markets while achieving significant operational synergies.