Australasia's home for timber news and information

Irish €5.5m Ponzi Scheme – Arden Forestry Management

Two men who ran a multi-million euro ‘Ponzi Scheme’ took in over €5.5m in a forestry investment fraud, the Dublin Circuit Criminal Court heard. David Peile from Avondale Court, Ballyguile in Wicklow and Garret Hevey of Brookdene in Shankill both pleaded guilty to charges i
Continue Reading →

Europe in the loop of climate change and forest fires

A coalition of land and forestry bodies has called on the European Union to show a firm commitment to encouraging forestry management practices that will help prevent or lessen such fires, so forests can be left standing to make a positive contribution to carbon capture. Ahead of the
Continue Reading →

LIGNIA new distributor for SE Asia with Global Timber

Modified timber business LIGNIA Wood Company has announced a new distribution partnership that covers much of Europe and South-east Asia with Global Timber, one of Europe’s leading timber companies. Source: TTJ Online Global Timber, based in Aarhus in Denmark, has the largest warehous
Continue Reading →

Asia Pacific flooring show in March

DOMOTEX asia/CHINAFLOOR, the largest flooring tradeshow in the Asia Pacific and co-organised by VNU Exhibitions Asia, is welcoming visitors to register for the 2019 show taking place from March 26-28 at the Shanghai New International Expo Centre. Source: Timberbiz The show is expandin
Continue Reading →

Commonwealth Forestry Association Young Forester Awards open

As part of the Commonwealth Forestry Association’s commitment to supporting the professional development of young foresters they have announced the launch of the CFA Young Forester Award 2020 in conjunction with the Faculty of Forestry at the University of British Columbia. This is op
Continue Reading →

Canadian FSC wants to raise the forestry bar

A new bar will soon be set on what counts as sustainable forestry, holding potential implications for the future of the woodland caribou and of the forestry industry itself. After years of debate, the Canadian division of the Forest Stewardship Council (FSC) hopes to have its updated
Continue Reading →

Roundwood prices surge in Sweden

Sweden’s forest industries have the capability to produce high-quality, high-margin wood products in large part due to access to quality wood raw materials. Like all forest economies, the raw material supply plays a crucial role in the forest industry’s long-term success and abi
Continue Reading →

$33m in penalties for Lumber Liquidators flooring debacle

Lumber Liquidators has agreed to pay US$33 million in penalties for misleading investors about formaldehyde in its laminate flooring products, the SEC announced. In early 2015, Lumber Liquidators made false public statements in response to a “60 Minutes” report that showed
Continue Reading →

UN’s Decade on Ecosystem Restoration

The United Nations has issued a global ‘call to action’ to mobilize the political and financial support necessary to restore the world’s deforested and degraded ecosystems over the coming decade to support the wellbeing of 3.2 billion people around the globe. More than 2 billion hecta
Continue Reading →

Vietnam’s pending deal with EU on timber

The European Union wants to ensure its Ikea cabinets and Conforama desks are made from legal timber, and it’s turning to the source, or at least one of them: Vietnam. A pending deal with the EU requires Vietnam to tighten laws and enforcement against illegal logging, mostly from over
Continue Reading →