Around the world with Mitsubishi
Brazil: Extensive logging of Peruvian-Colombian border for plywood and hardwood panelling (i.e. mahogany). Also involved in paper mills producing cardboard boxes and other containers.
Bolivia: Hoxan Wood Industries has been a Mitsubishi joint venture since 1975, and is perhaps the largest logging operation in Bolivia.
Chile: Astillas Exportaciones is a wholly owned Mitsubishi subsidiary, chipping primary forest for export to Japan. It has a 70% stake in Forestalas Colarra, a timber processing plant, and interests in eucalypt plantations.
Indonesia: Mitsubishi is the number one exporter of plywood from Indonesia to Japan, with investments in the Barito-Pacific Group in the Moluccas.
Malaysia: Since 1984 Mitsubishi has had a 60% stake in Daiya Malaysia, which logs, transports and sells timber in Sarawak, where it has a 15-year 90,000-hectare logging concession in the Bintulu district. Meiwa Trading, a significant timber trader in Sarawak and Sabah, is 66.8% Mitsubishi owned and has investments in two plywood mills.
Philippines: In Mindanao Mitsubishi owns 25.5% of Agusan Wood Industries, which has been manufacturing plywood since 1956. Through a front company, United Timber, Mitsubishi is not only destroying rainforests, but has also defrauded landowners and the PNG government of $3.25 million over a two-year period through transfer pricing, according to an article by George Marshall in World Rainforest Report No. 24).
Alberta, Canada: With three Japanese partners, Mitsubishi is building one of the world's largest pulp and paper mills in northern Alberta, where it intends to fell half of a 70,000 sq km area of virgin forest by 2012; this will pollute one of Canada's largest river systems.
British Columbia, Canada: Crestbrook
Industries is a 100% Mitsubishi-owned pulp and paper firm, Mayo Forest Products is a 40% Mitsubishi-owned firm, and Mitsubishi has a 45% stake in Canadian Chopstick Manufacturing Co., which produces 9 million disposable wooden chopsticks a day at Fort Nelson.
Siberia: Although stalled by political and economic uncertainty, Mitsubishi and nine other Japanese firms are poised to embark on a $1.4 billion project to exploit the vast untouched Siberian forests. Currently Mitsubishi accounts for 10% of Japan's timber from the former Soviet Union, and with Hyundai is importing 5000 cubic metres of silver fir from logging operations endangering the last 200 Siberian tigers in the wild.
This article was posted on the
Green Left Weekly Home
Page.
For further details regarding subscriptions and
correspondence please contact glw@greenleft.org.au