According to a new report released by the UK Department for Business, Energy and Industrial Strategy (BEIS), renewable sources of energy fuelled a record 33% of the UK’s electricity generation in 2018, which was up 3.8% from the previous year. Sources: Timberbiz, Forest2Market Total r
Papua New Guinea has launched version 2.0 of the National Forest Stewardship Standard. This version of the standard has been developed by a chamber-balanced technical committee, consisting of 12 national experts, and by using a multi-stakeholder process, including two rounds of public
Newron Motors plans to produce a high-end and high-performance wooden electric motorcycle that looks very ‘space age’ with a cylindrical battery at its heart. It is not the first e-bike but it is certainly one of the most aggressive designs and perhaps the only one made of wood. Sourc
Nokian Heavy Tyres has acquired Finnish heavy equipment wheel company Levypyora Oy. This company has two business lines, wheels and steel structures, and serves several original equipment (OE) manufacturers and aftermarket customers (AM) in forestry, agriculture and earthmoving applic
Only 6% of the world’s most significant timber and pulp producers and traders with operations in the tropics are taking steps to assess the impacts of climate change – posing a risk to the forestry industry and all its investors according to SPOTT. SPOTT assesses commodity producers a
Metsä Board has published its sustainability targets for 2030 with one of the company’s targets to achieve fossil free mills by 2030 with zero fossil CO2 emissions. This ambitious target includes both emissions from the company’s own energy production as well as purchased energy. Curr
Twenty structures and 12 products have been nominated for the UK’s Wood Awards 2019 shortlist, among them a jewellery collection, a ‘House in a Garden’ and a radar station renovated into a holiday let. Source: Timberbiz The buildings judging panel is led by three-time Gold Award winne
Ethiopia has set a new world record for the most trees ever planted in a single day, planting more than 350 million seedlings and young plants in an effort to reverse the effects of deforestation and climate change. Source: Timberbiz The campaign comes after reports that the country’s
Innovative Finnish technology that makes wood waterproof and usable in bathrooms has won forestry giant Metsa Group as an investor. Metsa’s venture capital arm, Metsa Spring, has invested Euro 4 million in Finnish company Woodio Ltd, a leading developer of waterproof wood composite pr
The balsa export industry in the East New Britain Province (ENB) of Papua New Guinea (PNG) is big business. Despite this, it faces major challenges with productivity and sustainability, market access and product development. Australian researchers have taken initial steps to work with