Sector Focus: Tropical Timber | 33
SUMMARY
■ Precious Woods operates mills in Gabon and Brazil
■MIL was the first forest management company in Brazil to achieve FSC certification
■ The new US tariff regime is impacting the timber sector in Brazil
■Productivity has increased and more improvements are planned
CHALLENGING TROPICAL TIMES
NAVIGATING
Precious Woods acknowledges today’s tropical market is a tough place to be but remains positive about prospects longer term. Mike Jeffree reports
Markus Pfannkuch, co-CEO of the well- known producer Precious Woods, which operates mills in Gabon and Brazil, says the tropical market is under significant pressure. But the company is focusing on productivity and planning to drive competitiveness and for the longer term is looking to value addition. Precious Woods is based in Switzerland. Its
key markets are the US, Europe and Asia but it trades globally.
and processes over 20 species in a mix of air-dried and kiln-dried sawn lumber and planed and profiled products. MIL was the first forest management company in Brazil to achieve FSC certification and was certified under the PEFC-endorsed Cerflor scheme in 2017. It also has FSC Ecosystem Services Certification for carbon sequestration and storage and watershed services.
It was a pioneer in achieving third party certification in tropical forestry and in driving sales of a wider range of species as part of further efforts to underpin sustainability. Its Brazilian business, Precious Woods Amazon – MIL Madeiras Preciosas manages 575000ha of forest around Itacoatiara. The MIL sawmill has annual throughput of 100,400m3
Above: Precious Woods is confident tropical timber will remain a successful niche product
Precious Woods has also had a majority shareholding in Gabonese producer Compagnie Equatoriale des Bois (CEB) since 2007. It was the first Central African timber operation to develop a comprehensive ►
www.ttjonline.com | November/December 2025 | TTJ
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