Canada's forest industry continued to make profits in 2000
PwC said on the 7th that despite the very low price of wood, the performance of major forestry and paper companies in BC Province and eastern Canada in 2000 was still better than that in 1999
BC1. What is the difference between the standards for metrological verification of hydraulic universal testing machines with 0.5 and 1 accuracy? The net profit of provincial companies in 2000 was 577 million Canadian dollars (419 million Canadian dollars in 1999), while the profit of Companies in eastern Canada reached 1.1 billion Canadian dollars (646 million Canadian dollars in 1999)
the full text of this report will be announced at the 14th annual global forestry conference of PWD on March 8. It also includes performance evaluations of some of the largest forestry companies in the United States and the world
in 1999 and 2000, the profits of American companies remained at $6.4 billion, while the net profits of global forestry enterprises increased from $17.2 billion to $20.9 billion. The growth of Canadian and global forestry enterprises is reflected in the improvement of investment return (from 6.9% to 8.3% in BC Province, from 6.0% to 7.9% in eastern Canada, and from
5.4% to 7.3% in the world). The return on investment in the United States fell slightly, from 8.0% to 7.6%
in an interview with plastic news at the k2016 exhibition, executives of PWC global forestry and paper project company said that the person in charge of the purpose questioned Craig Campbell. "This performance reflects the strength of Canadian forestry, especially when we take into account the actual situation of the market." He pointed out that the price of timber fell throughout 2000, from an average of 340 US dollars per thousand board feet in 1999 to 250 US dollars in 2000, and now it is less than 200 US dollars
the decline in wood prices was offset to some extent by the rise in pulp prices. The average price of pulp last year was US $685/mt, which was significantly higher than US $540 in 1999. Many forestry companies have also contributed to the positive and successful cost control
however, Campbell warned that the return on investment is still the main problem facing the industry. He said, "although most of the regions we evaluated have humidity growth, the deepening rate of the return on investment of the forest and paper industry in terms of changing the overall aspect of experimental machines from tools is still lower than the recognized% according to the current operating level, this industry may not be able to meet its capital needs."
PwC believes that 2001 will be more challenging for the industry. Timber prices will remain at the current low level, and in a few months to improve economic efficiency, the rise in pulp prices has also been cut, and may remain at the level of US dollars/ton this year. The expected slowdown in global economic growth will inevitably affect the demand for forestry products, as it is directly related to GDP. With the expiration of the US Canada cork lumber agreement (SLA), there are also problems in market access
campbell said: "Compared with 2000, enterprises face much greater challenges in order to continue to make profits and provide better returns in 2001. However, as enterprises focus on reducing costs, they may be better able to deal with these problems. And the ongoing globalization will also improve efficiency and better control production. Many companies are gradually turning to customer-oriented, with a view to achieving outstanding performance."