Australasia's home for timber news and information

Finland’s industry faces hard times

28 August 2012
Finlandʼs sawn goods industry is facing increasingly hard times according to the Confederation of Finnish Industries (EK), this means that another recession is close. The competitiveness of Finnish sawmills has weakened continuously since the beginning of the year and market sh
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Canadian companies profit from US and China

28 August 2012
Canadian lumber producers West Fraser Timber (WFT) and Western Forest Products (WEF) have announced the biggest combined profit since 2006 as mills run at five year highs to feed the US housing rebound and near-record Chinese demand. Source: Bloomberg
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Pallet and packaging congress in Europe

23 August 2012
The European Federation of Wooden Pallet and Packaging Manufacturers (FEFPEB) is holding its 63rd congress from 3-5 October 2012. The FEFPEB Secretariat said all 14 member countries would be represented to discuss progress on the main issues affecting the pallet and packaging business
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African forest symposium – focus on the future

23 August 2012
The recent 5th Forest Science Symposium co-hosted by the Institute for Commercial Forestry Research (ICFR) and the South African Department of Agriculture, Forestry & Fisheries (DAFF) provided the southern African forest research community with an opportunity to interact and shar
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Ta Ann Holding earnings fall significantly

21 August 2012
Ta Ann Holdings earnings fell 73.7% in the second quarter ended June 30, 2012 from a year ago due to lower sales by oil palm and timber segments, but the company expects the second half to be better. Source: The Star Online
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Limber up your controller for Jack Lumber

21 August 2012
So you don’t get enough of felling trees and chopping wood at work, take your work home with Jack Lumber, a new Sega game where players chop flying logs. While the end result - chopped wood - is the same, the tools will really put you to the test. Source: USA Today
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US recognizes greater Asian demand for lumber

16 August 2012
Lumber prices are rising in the US because of greater demand in Asia, which is a sign of recovery in the international real estate market. The exchange traded fund for lumber, Claymore Beacon Global Timber Index has climbed more than 5.22% in market action for the month. Source: Nasda
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Resolute in planting one billion trees

16 August 2012
Resolute Forest Products celebrated the planting of one billion trees at its forestry operations in northern Ontario, Canada. This achievement is the result of collective efforts made over the past 30 years by the company, its employees, numerous contractors and suppliers, and the Ont
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Vietnam forests suffering from agriculture

14 August 2012
Vietnam's forests, depleted by illegal logging, encroachment, mining and hydropower projects as well as bad management, have been struggling with another threat – the agriculture sector. Source: VietNamNet
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Forestry cover in Belize threatened by Guatemala

14 August 2012
Whereas Belize, located in South America, has upheld forest preservation efforts, its immediate western neighbor Guatemala is grappling with one of the highest deforestation rates in Central America. The deforestation problem now appears to be extending into Belizean forests. Source:
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