CatchMark Timber Trust Inc has said it approached Phaunos Timber Fund Ltd with a possible all-stock offer that values the closed-ended investment company at US57 cents a share. Source: Reuters Shareholders in Phaunos, which has forestry investments in New Zealand, Uruguay and Brazil,
For the last eight years, FWPA funding has allowed outstanding students to attend the World Conference on Timber Engineering (WCTE). This year eight students were awarded a $3500 bursary to attend the WCTE in Seoul, South Korea. Source: Timberbiz The students are all post-graduates wh
The new Eco Log 550 T-PRO complements the EcoLog range with its size and strength. With its six wheels, the 550 T-Pro can easily travel over the toughest of terrains. Source: Timberbiz The machine’s sturdy mid-section in combination with pendulum arms means that you can easily move th
Duangrit Bunnag Architect Limited (DBALP) has unveiled an eye-catching design for a new airport terminal in Bangkok that features intricate wooden detailing and an indoor forest. Sources: Timberbiz, DBALP The new building is reportedly expected to be operational in 2025. Details are s
Vietnam’s role as a wood processing hub continued to rise during 2017. Vietnam is increasingly recognised as the primary location in South East Asia for supply of mid-range interior furniture and has become a major competitor to China in this sector. Sources: Timberbiz, FLEGT Vietnam’
In order to meet increasing customer demand, Stora Enso will broaden its biocomposites raw material base at the Hylte Mill, Sweden to provide more choice in technical properties and selection of fibres. Source: Timberbiz The investment covers a new Biocomposites Competence Centre and
Eco Crops International first European forestry investment is open to private and institutional investors. The investment itself is based just outside the Estonian capital of Tallinn and is run in conjunction with the EU Renewable Energy Directive which is a recent law change within t
Affordable, simply made school furniture for Papua New Guinea classrooms designed and prototyped by QUT Industrial Design students is headed to PNG for production from wood off-cuts. Source: Timberbiz QUT Industrial Design senior lecturer Dr Marianella Chamorro-Koc said 11 teams of th
The Confederation of Timber Industries (CTI) in the UK has responded to the Government’s proposal on banning the use of combustible materials in cladding systems on high-rise residential buildings. Source: Timberbiz The CTI’s official response focuses on the “ambigui
At 25 King Street, in Bowen Hills Brisbane there is a 10 storey high office building currently being built with CLT supplied by Stora Enso engineered and processed by Lendlease. Source: Timberbiz In total, the building is using over 6000 cubic meters of CLT and glulam. On an average s