Forest Products. The forest products sector accounted for 12 percent of Georgia’s total exports to the EU between 2012 and 2014. During that same period forest product exports to the EU from Georgia averaged $827 million annually. The EU currently has tariffs on forest products as high as 10 percent. Georgia companies would likely benefit from reduced tariffs in this sector as a result of the agreement.
Forest Products. If the goods include logs, wood or forest products, Customer agrees as follows: Customer acknowledges that there are certain risks involved when a vessel is involved with the handling of such goods. It is necessary, therefore, that certain precautions be undertaken by Customer and the vessel. Customer and the vessel shall protect and/or remove any vessel equipment, gear, fitting or other item or appurtenance which may be exposed to damage by virtue of the nature of such goods and/or their handling. In consideration of Operator loading/unloading a vessel which is not so protected, it is agreed that Operator shall not be liable for any loss/damages to such vessel, or any consequential damages arising from or occasioned by such loading/discharging, which loss or damages may have been avoided if such protected had been afforded as required herein, and that Customer shall indemnify and hold Operator harmless (including legal fees and costs) from and against any and all claims for such loss or damage, including without limitation those from Customer, the vessel or any other person or entity. Operator shall be responsible for damage to the vessel during the handling of such goods only to the extent caused both solely and directly by its negligence. In such an event, Customer shall notify Operator immediately upon discovery, in writing or otherwise, and shall within eight (8) hours after such occurrence provide Operator with a full description of the occurrence and an explanation of why it believes Operator may be responsible. Operator shall not be responsible for any damage to the vessel if the goods exceed the maximum lifting capacity of the vessel's gear, unless the excessive weight is specifically brought to the attention of Operator prior to attaching the loading slings. All forest products should be protected so that the cargo is not damaged during the lifting/handling process. Customer is to pre-advise on the type of packaging provided and how the packaging was done. Operator will not be held responsible for poor packaging and forest goods should be packaged without gaps or voids that could be a health and safety hazard. The Customer will be held solely responsible for any lack of information.
Forest Products. The term "forest products" includes lumber in bundles, rough timber, ties, poles, piling, laminated beams, bundled siding, bundled plywood, bundled core stock or veneers, bundled particle or fiber boards, bundled hardwood, wood pulp in rolls, wood pulp in unitized xxxxx, and paper and paper board in rolls or in pallet or skid-sized sheets.
Forest Products. The Company is a vertically integrated producer of corrugated containers. It owns a paper mill located in Port St. Xxx, Florida, and 16 container plants located throughout the eastern half of the United States. The Company's forestry operations supply wood chips and pulpwood to the mill, which produces linerboard, some of which is bartered for corrugating medium. The container plants convert the linerboard and corrugating medium into corrugated containers. The Company produces and sells a wide variety of corrugated containers to processors and manufacturers in the food, agricultural, paper, petrochemical, plastics, electronics, electrical equipment and machinery industries. Demand for corrugated containers is cyclical and correlates closely with real growth in the United States gross national product and also with population and other demographic factors. The corrugated container industry is highly competitive, with over 1,500 container plants in the United States. When demand for corrugated containers falls, the ability to maintain prices by adjusting inventory levels is limited because container plants and paper xxxxx operate most economically at or near full capacity. In addition, although corrugated containers are the dominant form of transport packaging nationally, corrugated containers compete with various other packaging materials, including paper, plastic, wood and metal. The Company's operating strategy for its forest products operations has been to reduce unit production costs by increasing operating efficiency and maximizing capacity utilization. In addition, the Company emphasizes the marketing and production of higher margin products such as the Company's mottled white linerboard and high performance linerboard, over unbleached linerboard. The Company's paper mill, located at Port St. Xxx, Florida, produces mottled white and unbleached linerboard, a principal component of corrugated containers. The mill can produce linerboard in a full range of grades and weights. Set forth below is certain information as to mill linerboard production for the years indicated: LINERBOARD PRODUCTION (IN TONS) TOTAL AVERAGE DAILY YEAR PRODUCTION PRODUCTION* --------------------------------------------------------------- ---------- ------------- 1995........................................................... 441,229 1,372 1994........................................................... 477,990 1,375 1993........................................................... 44...
Forest Products. The linerboard mill operating results in the first half of 1995 continued the same robust pace as the latter part of 1994. However, the second half of this year reflected the general slowdown in the economy. Domestic prices for kraft linerboard rose in 1995 from $430 per ton in January to $530 per ton in May and declined to $505 per ton in December. The average sales price of the Company's kraft linerboard rose by $136 per ton. Mill sales to outside customers increased 8%. Product mix of the mill reflected a decrease in Crest White revenues in 1995 to 58% compared to 60% in 1994. In 1995, mill net sales to outside customers increased 9% compared to a 22% increase in 1994. The mill cost dropped 1% on a volume decrease of 9%. In 1994, the mill had an increase in cost of sales over 1993. In 1995, the mill's selling, general and administrative expenses increased by 6%. In 1994, the xxxxx expenses decreased by 8%. Container plant net sales increased to $332.6 million in 1995 from $283.9 million in 1994 due to increased prices in the first half of 1995. The pricing levels of linerboard and corrugated containers flattened in midyear and declined at the end of the year. During the first quarter of 1996, price levels have continued to deteriorate. Cost of sales increased by $30.0 million due to increased roll stock prices in 1995. The increased margins allowed the container operation to post its first operating profit since 1985. Operating profit in 1995 was $4.5 million compared to a loss of $9.5 million in 1994. The Company's policy of operating the linerboard mill at full capacity and shipping any excess production to the container plants resulted in an increase in inventory at the container plants due to the soft linerboard market. Beginning in late 1995 and continuing through the first quarter of 1996, demand for containerboard and market pulp dramatically diminished and the Company took downtime at the paper mill in December and January of one paper machine for both maintenance and excess inventory purposes and, in order to prevent excessive increases in inventory, has announced further downtime of both paper machines for at least the period April 7, 1996 through April 29, 1996. Pricing for paper products has continued to decline from historical highs as a result of further reduction in demand and the introduction of new industry capacity, particularly for containerboard. Prices and shipments for market pulp, however, have declined significantly since the beg...
