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

Victoria allocates $36 million to modernise RFAs

About $36 million will be spent on modernising the regional forest agreements in Victoria under the Andrews Government’s 2018-19 state budget released this week. From Philip Hopkins for Timberbiz Treasurer Tim Pallas said the Government recognised that the forestry industry was import
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Top 5: Market Points from IndustryEdge

513,811 bdmt – projected woodchip exports from Australia in April 2018, measured in bone dry metric tonnes, based on IndustryEdge’s unique vessel tracking and analysis -$23.03/m3 – the February 2018 discount for softwood log exports that were <15 cm diameter. Their exports averaged
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Timber Industry Brexit Forum

The timber industry sees a copy of checks on the Canadian-US and Norwegian-Swedish borders as part of preparations for a possible hard Brexit to minimise its impact on Irish-British and cross-border trade. Source: The Irish Times Concerned that the UK will crash out of the European Un
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Wood moulding and trim demand to grow

Demand for wood moulding and trim in the US is projected to increase 3.7% annually to $5.5 billion in 2022, the slowest rate of advance of any material type. However, wood will still account for more than half of moulding and trim sales in 2022. Source: Timberbiz Interior moulding is
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Timber production still rising in Finland

Finnish Pellervo Economic Research Institute (PTT) is expecting the Finnish output of softwood timber to rise by an estimated 4-5 % above the figure for 2017. After the growth of 5 % achieved the year before to 11.94m m³ of softwood timber, the spring forecast published on 12 April pr
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VAFI offers members more than just advocacy

The Victorian Association of Forest Industries Inc. (VAFI) is a peak body for the timber and forest industry in Victoria. Source: Timberbiz For more than 130 years, the association has served the Victorian industry, advocating to Government and key stakeholders on behalf of its member
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Special theme for a special conference

The National Timber Councils Association (NTCA) will be holding its annual conference in Melbourne on 9-10 August under the theme Timber – A National Asset. Source: Timberbiz Expected attendees will include local government CEOs, councillors, infrastructure managers, planners, e
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Bright Wood sawmill has bleak future with closure

New Zealand’s Western Southland town of Otautau has been dealt a blow with the Bright Wood sawmill closing, resulting in 19 job losses. Otago Daily Times After many years of uncertainty, Bright Wood New Zealand opted to close its Otautau operation permanently, as the owners said it wa
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