Australasia's home for timber news and information

Delays expected for EU deforestation laws

04 October 2024
The European Commission said it would propose delaying implementation of a law banning the import of commodities linked to deforestation by a year, following calls from industries and governments around the world. Sources: Reuters, Timberbiz The law has been hailed as a landmark in th
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Stora Enso to sell forest assets

04 October 2024
Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Source: Timberbiz Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale. A potential tra
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Navigating ecosystem reconstruction in NZ

04 October 2024
Navigator X by Eco-Index is a mapping tool for Waitaha/Canterbury in New Zealand that helps people decide where to focus ecosystem reconstruction efforts. Ecosystem reconstruction is a specific kind of ecological restoration where native ecosystems are reconstructed from scratch. Sour
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Sumitomo Forestry to acquire control of Metricon Group

04 October 2024
Sumitomo Forestry will acquire 51% of the equity shares of Metricon Group, Australia’s largest detached home builder, through its wholly owned subsidiary Sumitomo Forestry Australia. Metricon will become a consolidated subsidiary of Sumitomo Forestry. Source: Timberbiz The acquisition
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OFO invests in biomass power at Jubilee Sawmill

04 October 2024
OneFortyOne is investing around $30 million in a renewable biomass power generation project at its Jubilee Sawmill in Mount Gambier. Source: Timberbiz The project, which includes the installation of a new boiler and steam turbine, represents a total investment of approximately $90 mil
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Eight research projects funded with $5M

04 October 2024
Australian Forest and Wood Innovations, hosted by the University of Tasmania, has announced eight research projects that will be funded through its inaugural $5 million National Open Call for research. Source: Timberbiz This marks the first research funded through the Federal Governme
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Forestry’s Centre of Excellence is taking shape in SA

04 October 2024
New artist impressions of the Forestry Centre of Excellence being built in Mount Gambier have been released as new research and development projects are launched. Source: Timberbiz, The SE Voice The Centre of Excellence is a collaborative project between the South Australian Governmen
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Opinion: Marcus Musson – Spring has sprung but not the log market

04 October 2024
Spring has sprung, lambs are frolicking, daffodils are blooming, and the feeling of warmer temperatures and better times is hanging heavy in the air. Unfortunately, like the frolicking lambs, logs are still worth bugger all in the export market with September prices flat with August a
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Forestry NOW 2024

04 October 2024
Forestry NOW 2024 – Australian Forest and Timber’s annual State of the Industry Review which includes observations from our political leaders, national industry leaders and more – is now live at https://forestrynow.com.au/ And it’s worth taking the time to check out
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Planet Labs’ Forest Carbon Monitoring system

02 October 2024
Planet Labs PBC, a provider of daily Earth data and insights, has released its Forest Carbon Monitoring product, consisting of quarterly, 3-metre resolution measurements of forests globally. Source: Business Wire This new product offers partners and customers an unprecedented dataset
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