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Jean Castex announces an additional 100 million for the wood industry

2021-07-24T11:31:53.194Z

The sector, plagued by supply difficulties, is struggling to meet growing demand in the construction sector.



Prime Minister Jean Castex announced on Saturday in Vendée an additional envelope of 100 million euros for the timber industry, plagued by supply difficulties and which is struggling to meet growing demand in the construction sector.

"As part of the recovery plan, we are going to deploy an additional 100 million euros to supplement these various funds (in the wood sector) from this year 2021-2022", declared the head of government, during the visit of 'a sawmill, Piveteaubois, one of the French leaders in construction timber.

Assizes at the start of the school year

"We must boost" the sector, he argued, while 200 million euros were already planned as part of the recovery plan, including 150 for upstream, dedicated to reforestation, and 50 million for l downstream, in order to modernize the sector.

Meetings will be held "at the start of the school year": "Everyone will be gathered under the aegis of the Ministry of Agriculture, Industry and Ecological Transition on forests and wood from September," a indicated Mr. Castex, stressing that "it is necessary that the professionals are organized and take their responsibilities".

Agriculture Minister Julien Denormandie welcomed these “very important” additional resources.

"This additional funding only makes sense if we manage to ensure that they are not partitioned between upstream and downstream", noted the Minister, present alongside the Minister for Foreign Trade Franck Riester of the Secretary of State for Bérangère Abba Biodiversity.

400,000 jobs in France

With a world market in tension following the economic recovery and the decision of certain countries such as Russia to no longer export their wood, many French sawmills are lacking in raw materials.

The wood industry, which represents 400,000 jobs in France, is a priority for the government and the construction industry to reduce CO2 emissions. Piveteaubois signed a two-year contract in May with the concrete giant Bouygues, to supply up to 25,000 m2 per year of wood by 2025.

Source: leparis

All business articles on 2021-07-24

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