New Zealand Sees Boom in Timber Exports

New Zealand leads the world as the largest exporter of softwood logs, counting for more than 20 percent of global trade, as exports have doubled to approximately 16 million cubic meters, according to a report by Wood Resources International.

Rayonier Splits Timber, Chemicals Businesses

Rayonier Inc. will separate its forestry and real estate holdings from its chemicals business, to form two independent, publicly traded companies. The separation of Rayonier's (NYSE: RYN) businesses is expected to be completed in mid-2014.