New Forests Pty Limited has disclosed the acquisition of the 156,000-acre Hilt-Siskiyou Forest, a mixed-conifer forest along the California and Oregon border, from the Fruit Growers Supply Company (FGS) alongside an institutional investor client. Source: SWFI Fruit Growers Supply Comp
The Food and Agriculture Organization of the United Nations (FAO) has launched a new online portal providing information on forest-related laws around the world in order to help promote legal forest management, timber production and trade, and contribute to efforts to make forest reso
Stora Enso’s pilot facility for producing bio-based carbon materials from lignin has started operations. This follows the company’s EUR 10 million investment announced in 2019. Pilot production of Lignode, wood-based carbon for batteries, is currently being ramped up. Source: Timberbi
Forestry England is converting orchard-origin stands of 12,000 Scots pine in Kings Forest, Suffolk, to secure high-quality seeds to meet tree planting targets over the coming years. The stands of thirteen-year-old trees cover 10 hectares and have been grown from original orchard seed
Solenis, a global producer of specialty chemicals, is joining forces with Pulpex Limited and its global consortium partners to collaborate on the ongoing evolution of the Pulpex eco-friendly paper bottle. Source: Timberbiz Pulpex is a new sustainable packaging technology company estab
Sumitomo Forestry and IHI Corporation announced that they have agreed on a business alliance for a “Forest Management Consulting Business” and for “the development of a sustainable business that maximizes the value of natural capital”. Source: Timberbiz The two companies have started
US lumber prices have crashed in a short time span, taking only eight weeks to tumble 70% from record highs as the party ends for forestry companies. Source: the globe and mail The price sawmills charged wholesalers – known as the cash price – was US$485 for 1,000 board feet this week
In Monday’s issue of Daily Timber News, we reported on claims by Earthsight that Russian forests were illegally logged and that confidence in FSC certification was “wildly misplaced”. FSC has made a statement to address the issues that were brought up. Source: Timbebiz FSC has stated
PEFC is embarking on a four-year journey with the ASEAN Furniture Industry Council (AFIC) to improve sustainability outcomes throughout the furniture supply chain in the ASEAN region. Source: Timberbiz As consumers worldwide demand sustainable products across a variety of fields, ever
The European woodworking industries have been advocating for a long time for an increased recognition of the role of wood-based products to decarbonize key sectors of the economy, such as construction and renovation. Source: Timberbiz The carbon absorbed from the atmosphere is stored