Traceability

Brussels, Belgium — The American paper industry is expressing concern over a new European Union regulation that mandates strict traceability of timber, a move that could potentially disrupt $3.5 billion in trade and increase costs for everyday hygiene products such as diapers and sanitary pads. The European Union’s Deforestation Regulation, which seeks to prevent global forest depletion, threatens significant implications for both U.S. producers and European consumers. The regulation intends to curb the role European consumption plays in global deforestation, which accounts for approximately 10% of the world’s total. This includes commodities like timber, beef, … Read more