Mexico enacts new forestry law

Article Abstract:

Mexico has passed a new forestry law to support Mexican paper product manufacturers' efforts to meet their pulp supply needs by developing timber plantations. The new forestry law includes provisions allowing private investors to plant trees on less used areas and offering them tax credits of up to 75% of new plantations' cost. Foreign companies need permission to develop timber plantations in Mexico.

Interpretation and construction, Equipment and supplies, Supply and demand, Mexico, Timber, Forestry law, Forest law

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BC hints at move to free-market forestry

Article Abstract:

British Columbia Deputy Premier Dan Miller believes the province should transfer over 60 million acres of public timberland to a Crown Corporation that is semiprivate which would manage the timberland through a market based system. This free market system would end the strict raw logs export policy and the public timber allocation to only wood and paper producers.

Administration of Conservation Programs, British Columbia, Forest Land Management, Management, Forest management, Forest products industry, Forest policy

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Mills, panel plants and forests change hands

Article Abstract:

The forest products industry had three major sales during 1st qtr 1999. Pacific Lumber and Shipping Co sold three sawmills to Hampton Affiliates, the Timber Co will sell timberlands to the New Brunswick provincial government and Weyerhaeuser will sell panel operations to SierraPine Ltd.

World, Mergers, acquisitions and divestments, Weyerhaeuser Co., WY, CSR Ltd., Timber Co., Sierrapine Ltd., Hampton Affiliates Inc., Pacific Lumber and Shipping Co.

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