Australasia's home for timber news and information

World Bank forest rescue program kickstarted by German funds

24 September 2019
A World Bank forest rescue program has been given a multi-million “kickstart” by Germany. Norway has done a deal with Gabon that it sustains its tropical forests to absorb carbon dioxide and help avert climate warming. German Development Minister Gerd Müller signed a €200
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Sweden’s sawlog stocks higher than 2018

24 September 2019
Sweden’s stock survey, the total stocks of coniferous sawlogs, pulpwood and pulp chips was 10.1 million cubic metres on 30 June this year. That is 36% higher than in the same period last year. Sources: Timberbiz, Lesprom The stocks of pine and softwood pulp wood was 4.1 million cubic
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UPM named industry leader for paper & forestry by Dow Jones

24 September 2019
UPM was named industry leader for the Paper and Forest industry in the Dow Jones European and World Sustainability Indices (DJSI) for 2019-2020 for the seventh time. Of the 61 industry leaders recognised worldwide, UPM was the only Finnish company on the list. Source: Timberbiz The Do
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CSIRO project to unlock financial innovation in forestry

24 September 2019
STT, Forico, PFT, FPA, RMS and NAB are working with CSIRO on a project called Unlocking Financial Innovation in Forest Products with Natural Capital. Natural capital is the soil, air, water biodiversity and land resources that underpin food and fibre production. The forest industry pl
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Timberlink welcomes attention from state Labor MPs

24 September 2019
In September Timberlink welcomed the Tasmanian Opposition Leader Rebecca White MP to its Bell Bay mill to see how high-tech investment is creating and securing the jobs of the future in the Tasmanian manufacturing sector. Source: Timberbiz Ms White toured the facility with her Labor t
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Sumitomo NZ to spend heavily on more pine forests

24 September 2019
The growing need in emerging markets for building materials and fuel has spurred Japanese trading houses to expand their forestry operations. Sumitomo Corp plans to spend about 25 billion yen on acquiring more pine forest in New Zealand, one of the Asia-Pacific region’s major ti
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KIPT revises design for Smith Bay to address concerns

24 September 2019
A revised design for the Kangaroo Island Seaport at Smith Bay, which includes no dredging and no solid causeway, addresses the concerns of neighbours and also environmental issues, according to Kangaroo Island Plantation Timbers (KIPT). Source: Timberbiz KIPT has responded to issues r
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Nine companies launch $1b growth plan for 200 million trees

24 September 2019
The Green Triangle Forest Industries Hub — a group of nine forestry companies including OneFortyOne — has launched a $1 billion sustainable growth plan with the aim of planting an extra 200 million trees by 2030. Source: Timberbiz The hub aims to increase economic output by more than
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Federal government backs forestry with information videos

24 September 2019
Australia’s forest industries have been showcased in new promotional videos produced by the Federal Department of Agriculture. The videos, the flagship of which premiered at the AFPA members’ dinner in Canberra, cover different themes of forest industries and promote their environment
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VicForests’ radical policy to achieve FSC certification

24 September 2019
VicForests has launched a radical policy on native forest operations that involves revised harvesting and regeneration techniques as part of its campaign to achieve FSC certification. The policy centres on preserving “high conservation value” (HCV) native forest and removing perceived
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