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Forest Products
 
FOREST PRODUCTS

Forestry group moves ahead plan to integrate Sabie site, extract more value Video Available

Forestry and forest products group York Timbers is hoping to break ground early next year on its R1.5-billion site integration project at its Sabie facilities, in Mpumalanga, once it receives a record of decision from the Department of...
By: Samantha Moolman
10 May 13
 
 
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Richards Bay general-freight capacity expansion project, South Africa Restricted

Initial studies have been completed for a major expansion of the Port of Richards Bay’s general freight capacity.
By: Sheila Barradas
05 Apr 13
 
 
FINANCIAL RESULTS

York Timbers maintains earnings despite strikes, operational cost pressures

Despite a softening market, industrial action at the Komatiland Forests (KLF) operations, a fire and rising operational costs, forestry and forest products group York Timbers' headline earnings a share for the six months ended December 31, 2012,...
By: Idéle Esterhuizen
12 Mar 13
 
 
FOREST PRODUCTS

Restructuring progress boosts York Timbers earnings 250%

Forestry and forest products group York Timbers on Tuesday reported 250% growth in earnings a share for the year ended June to 42c, up from 12c in the previous year, while revenue rose by 16% to R1.1-billion. The group’s operating profit reached...
By: Idéle Esterhuizen
25 Sep 12
 
 
POWER & PAPER

Richards Bay paper mill aims to add 47 MW of own generation by Nov 2013

Forest products group Mondi has announced plans to install a 47 MW steam turbine at its Richards Bay mill, in KwaZulu-Natal, which will further increase the facility’s power self-sufficiency and produce surplus electricity for input into the...
By: Terence Creamer
17 Aug 12
 
 
Forest Products

Industry bodies emphasise sustainability of SA forestry sector

The domestic forestry and pulp and paper sectors do not have as negative an impact on the environment as many people might believe, industry bodies Forestry South Africa (Forestry SA) and the Paper Manufacturers Association of South Africa (Pamsa)...
By: Yolandi Booyens
09 Mar 12
 
 
Look South - Brandon Hamber

The serious business of tree hugging

Back in 2001, infamous tough politician from Sinn Fein Gerry Adams admitted that he liked hugging trees. At the time, he noted: "Hugging trees has a calming affect on me. I'm talking about enormous trees that will be there when we are all dead and...
By: Brandon Hamber
09 Mar 12
 
 
RESULTS

York reports fourfold operating profit increase

Forest products group York on Thursday reported a fourfold increase in operating profit to R169.9-million in its 2011 financial year, as it continued to improve its margins. However, after-tax profit fell to R38.3-million in the year ended June...
By: Loni Prinsloo
08 Sep 11
 
 
DEVELOPMENTS TO WATCH

Driving business and competitiveness through technology

Technical Research Centre of Finland (VTT) provides a comprehensive range of high-end technology solutions and innovation services. Its research work covers technologies from nanomaterials and information and communication technology to technology...
By: Karel Smrcka
01 Oct 10
 
 
FOREST PRODUCTS

York begins to turnaround from dismal 2009

Forestry and forest products group York Timbers recorded a R64,6-million profit in the 2010 financial year, a significant turnaround on the R232-million net loss recorded in the previous financial year. The group, which was hit by falling demand...
By: Creamer Media Reporter
30 Sep 10
 
 
BUDGET 2010

R3,6bn more for industry incentives, but big industrial plan will need off-Budget fillip PDF Available

The South African government has set aside an additional R3,6-billion for the Department of Trade and Industry (DTI) to partly support the second version of its Industrial Policy Action Plan, or Ipap2, which will run from April 1, 2010, through to...
By: Terence Creamer
17 Feb 10
 
 
INDUSTRIAL POLICY

New industrial plan to outline sector job targets and timeframes

The second version of South Africa's much-debated Industrial Policy Action Plan, or Ipap2, will include specific timeframes for the achievement of sectoral job-creation targets and will seek to kick-start so-called "green industries", Trade and...
By: Terence Creamer
15 Feb 10
 
 
 
 
 
 
 
 
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