Last updated on April 17, 2014 at 11:05 EDT

Latest U.N. Economic Commission for Europe Stories

2009-08-04 16:10:00

The forestry industry in Europe, the former Soviet Union and North America experienced its largest decline in wood demand since the 1970s, driven mainly by the weak housing market, the United Nations said on Tuesday. However, as the industry shuts down sawmills and restructures, it can look forward to a healthy new market for environmentally friendly wood-based energy, such as biofuels and pellets, said the U.N. Economic Commission for Europe (UNECE). "This year we had one of the biggest...