Thursday, November 19, 2015
Forest2Market is pleased to announce that Swedish company Bergs Timber has joined its Baltic Rim Timber Price Index and supply chain optimization service. These services, which will be available in Scandinavia and the Baltic Rim in the first quarter of 2016, provide timber pricing, competitive indexing, and other analytics that can be used to extract value from the supply chain.
“There is a reason that Bergs Timber has been around for 100 years,” said Peter Stewart, President and CEO of Forest2Market. “They’ve always responded to changes in the market with flexibility and new ideas, and this is no different. Being an early adopter of this service will give them a competitive advantage as they look toward a second century of providing value to their customers with high quality structural timber products and forest management and harvesting practices.” He added further.
Bergs Timber owns three sawmills in southern Sweden and provides forest management and harvesting assistance to forest owners in the area. Peter Nilsson, CEO of the nearly 100 year old company, believes subscribing to the benchmark will help his company as well as the entire market: “I firmly think that the information you can provide can help the Swedish and specifically the southern Swedish log market to change in a positive way. The index will provide the facts we need for planning and decision making, and it will also enable us to see the effects of any improvements we make on our competitive position.”
Forest2Market, a leading provider of market data and analytics in the US, Canada and Brazil, and Indufor, a global forest consulting service provider, have formed a partnership to bring this first transaction-based log and fiber pricing and supply chain optimization system to the region.
Tags: baltic rim timber price index, bergs timber, forest2market
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