Australasia's home for timber news and information

120m Euro loan for Slovakian forestry

06 March 2014
The European Investment Bank (EIB) has approved Slovakia a loan of EUR 120 million to finance projects contributing to afforestation, improved forest protection and management and the upgrading of agricultural infrastructure in rural areas, the bank announced Monday. Source: RTT News
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Romanian deforestation

06 March 2014
With its steep, forested mountains set against blue skies, Romania's central Pojarna Valley once looked like a postcard landscape but illegal logging has turned the site into an ugly scar. Source: Phys Org
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Stora Enso reinvests and reorganizes in Europe

06 March 2014
Stora Enso is planning to invest EUR 28 million in modernising and developing Murow Sawmill in Poland to increase its capacity and improve its competitiveness. Source: Yahoo7
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Zelam stopping the rot

06 March 2014
In 1988 a pair of scientists working for what is now Dow AgroSciences saw an opportunity to quit the corporate world and inspired by a shipment of medium-density fibreboard (MDF) they developed an anti-mould product. Sources: Stuff NZ, Fairfax NZ News
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Adelaide Uni to fingerprint trees in Indonesia

06 March 2014
The University of Adelaide will step up the fight against illegal logging with a new two-year, DNA-fingerprinting project in Indonesia. Source: Newsmaker
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Support for Homeless in Mt Gambier

06 March 2014
A ‘Support Homeless People’ bi-annual luncheon will be held at in Mount Gambier on 11 April to raise funds for local charity ac.care and their work with people experiencing homelessness. Source: Timberbiz
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Call for help after SA forestry fires

06 March 2014
Owners of the Morgan sawmill in South Australia's mid-north are calling for State Government help to save the local forestry industry. Source: ABC Rural
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Mirvac in $50 forest sale

06 March 2014
A fund managed by Mirvac is readying to sell 20,000ha of forestry land to New Forests Group for more than $50 million. Source: The Australian
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NZ Super sale of Kaingaroa Timberlands

06 March 2014
The New Zealand Superannuation Fund has sold 2.5% of Kaingaroa Timberlands to six central North Island iwi, giving the underlying landowners access to some of the profits generated from the nation's biggest forestry business. Source: The National Business Review (NZ)
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NZ sawmill company in receivership

06 March 2014
Southern Cross Forest Products, a sawmill company in New Zealand with about 400 employees and about NZ$100 million in annual sales was placed in receivership. Sources: Stuff NZ, Fairfax NZ News, TVNZ
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