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Latest timber industry news, updated on Monday, Wednesday and Friday.

Indepth on VicForests report

VicForests made a net profit of $1.2 million on sales of about $101 million in 2017-18 despite big cutbacks in the state’s timber resource, according to the annual report of the government’s commercial forestry operator. The state-owned company, despite a small drop in the value of sa
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Mapping The Course in Canada

The Mapping The Course: Timberland, Forest Products Processing, And Fiber Issues For 2019 conference and optional workshop will be held at the Heathman Lodge in Vancouver, Canada. Attend this conference for in-depth analysis on forest products market challenges, opportunities, and thr
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A wooden retro paddle board in time for summer

Last year it was The Bootlegger, a retro mahogany stand-up paddle board made by Minneapolis-based artisan Kevin Fitzke. While it was beautiful, it costs US$3299. This year it is the less-pricey but still-classy Speakeasy. Source: Timberbiz Like The Bootlegger, The Speakeasy was inspir
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Fiji halts logging on Sleeping Giant

The Fiji Government confirmed this week that it has stopped a logging company from removing trees from a large area of the “Sleeping Giant” mountain range in Sabeto. Environment Minister Dr Mahendra Reddy said the logging company had been issued a stop work notice, saying it had not c
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AUSTimber2020: New year, new look

Just in time for the new year Australian Forest Contractors’ Association (AFCA) has launched its new AUSTimber website, its exhibitor prospectus, partner prospectus and electronic exhibitor booking form, which has been designed to make it easier to be part of the show. Source: Timberb
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Auction raises $14k for CFS, Men’s Shed

An auction of vehicles and household goods by Kangaroo Island Plantation Timbers has raised $14,000, which will be donated to the Kingscote Men’s Shed, CFS and Lions clubs. The items were from the deceased estate of Christopher Madden, who had lived on one of the company’s forestry pr
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VicForests strong financial record in FY2017-18

VicForests has delivered strong financial results across its business with a recorded net profit of $1.2 million, no debt and cash in the bank for the financial year 2017/18. VicForests chief executive officer, Nathan Trushell said the result was evidence of VicForests’ responsible ha
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A need to invest more in pulp and paper

Investment in Australia’s pulp and paper industry needs to grow by at least 20% over the next five years to expand the sector, according to the industry’s 2018 Sustainability Report. Investment this year was $8 billion, while local production of paper and paperboard was 3.251 million
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