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

European parliament backs national C02 cuts and forestry plans

CO2 emitted by transport, farming, buildings and waste must be cut by 30% across the EU, and CO2 emitted and absorbed by forestry and land use must balance out by 2030. Source: Eureporter These are the aims of two draft EU laws adopted by the European Parliament. EU targets are to be
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Elomar brothers in PNG logging company dispute

Sydney businessmen the Elomar brothers were busy in 2014, apart from other indiscretions the pair struck a deal that year, paying $6 million for a logging company only to end up negotiating a $9 million payment from the previous owners after a dispute. Source: The Canberra Times The c
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Deere turnover for forestry machinery is down

In the 2015/16 financial year (31 October), US-American Deere & Company generated turnover of US$4.900bn with its construction and forestry machinery. Source: Euwid The associated decline of 18% therefore matches the last turnover forecast quoted after the third quarter. Prior to
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Planned burns in Tasmania on Sunday

A number of planned fires will be undertaken by Sustainable Timber Tasmania on Sunday. Source: The Advocate A Sustainable Timber Tasmania spokesperson said statewide burns would improve the safety of the community production forests and other identified high priority areas. The spokes
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New logging truckies snapped up

One of the most popular learning tools on New Zealand’s Eastern Institute of Technology (EIT) campus at the moment is the institute’s new logging truck, which is enabling students to get real-time experience in the forests and on difficult forestry roads. Source: Gisborne Herald Comme
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NZ forest owner fined for contravening Resource Management Act

Forest owner Whitikau Holdings Ltd was fined NZ$57,000 after pleading guilty to five charges of contravening the Resource Management Act. The fines relate to a pine forest south-east of Ōpōtiki. Source: Stuff NZ District Court and Environmental Judge Melanie Harland said the actions o
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OFO kick starts NGT Foundation

Launching the “NGT Foundation” is a major step towards securing the future of Nature Glenelg Trust’s reserves in the Green Triangle region. Source: Timberbiz Since the Nature Glenelg Trust began in January 2012, the organisation has secured three strategically located reserves in the
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Exporting a rare tree-t to Canada

A Wollemi Pine, one of the world’s oldest and rarest tree species, was today bequeathed to the Canadian people as a gift to mark 150 years since the Canadian Confederation in 1867. Source: Timberbiz The Wollemi Pine was thought to be extinct, until it was rediscovered in NSW in 1994,
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