Australasia's home for timber news and information

Ultimatums for Indonesian paper giant

The main global group for certifying sustainable wood has sent a “come clean” ultimatum to one of the world’s largest paper companies and its billionaire Indonesian family owners following evidence it continues to cut down tropical forests and operate through corporate proxies. Source
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China’s reforestation means compulsory land acquisition

In January, China’s State Forestry Administration announced an enormous reforestation campaign, a project that pledges to reforest more than 16 million acres of land, an area roughly the size of Ireland, within the year. Sources: The WorldPost, The Washington Post Chinese President Xi
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Sabah ban on log exports to maintain local mills

The export of logs from Sabah, Malaysia a major timber producing state, has been banned with immediate effect. Source: Timberbiz The recently-elected Chief Minister, Mohd Shafie Apdal, said the move was taken to ensure sufficient timber for mills in the State and to secure jobs. The s
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Raids on Austrian company for illegal timber

Prosecutors from the Romanian Directorate for Combatting Organized Crime and Terrorism (DIICOT) raided Austrian group Schweighofer Holzindustrie’s factories in Radauti and Sebes. Sources: Romania Insider, Timberbiz The prosecutors are investigating illegal timber transactions which da
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Huge Texas timberland sale worth $1.4b

A huge chunk of East Texas is changing hands in one of the largest such transactions in a decade. Source: Dallas News CatchMark Timber Trust has agreed to pay almost US$1.4 billion for the 1.1 million acres of timberland. Law firm Greenberg Traurig LLP assisted with the transaction, w
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Vietnam increases furniture exports but materials shortage looms

A report from the General Department of Customs (GDC) in Vietnam showed that export turnover of all woodwork items in the first four months of the year increased significantly. Source: Vietnamnet Vietnam exported US$680 million worth of products in April and US$2.6 billion in the firs
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CIFOR and Mongabay join forces

The Center for International Forestry Research (CIFOR) and Mongabay have launched a partnership to increase the dissemination of news about the status of the world’s forest ecosystems. Source: Timberbiz The Center for International Forestry Research (CIFOR) is a scientific organizatio
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Canadian OSB exports are stable

Canadian OSB exports stabilised in the first quarter at the level reached after soaring in the third and fourth quarters of 2017. Source: Euwid Figures from Statistics Canada show that Canada’s OSB industry booked a double-digit year-on-year growth for the third quarter in a row with
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Metsa launches Metsa Spring to develop new bioproducts

Metsä Group has established a new innovation company, Metsä Spring Ltd. The company will, together with partner organisations, invest in new endeavours with the target to identify and develop new business opportunities in sustainable forest-based bioeconomy and circular economy. Sourc
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Bill Gates invests $14m in biomass

Biofuels and bioenergy have now become an essential component in the world’s renewable energy mix. Source: Forbes Last month, French multinational energy company, Total and Bill Gates invested $14 million in a new biomass conversion technology from clean tech start up Renmatix.
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