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Forest industry production continues to grow in Finland

Nov 3 2010  January-September pulp production in Finland was up 26 percent and paper and paperboard was up 14 percent, compared to the same period last year.

The Finnish Forest Industries Federation estimates that the value of domestic production in January-September was around 14 billion Euros, about a quarter more than one year ago.“Output of forest industry products continued to grow in the third quarter. The growth figures are indicators of improved demand, but the period of 2009 being compared to was unprecedentedly weak as well,” Timo Jaatinen, Director General of the Finnish Forest Industries Federation, points out.“Forest industry companies have already done lots to improve their profitability. Costs have been cut, structures trimmed and unprofitable capacity shut down," Jaatinen continues.

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