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

AUSTimber wrap, it’s a good rap

With an estimated $100 million worth of forestry equipment on display, an internationally recognised in-forest site and perfect weather, everything jelled to ensure the success of AUSTimber2016 near Traralgon. Source: Timberbiz In fact, more than 7500 people attended the event. And, j
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Drought proof trees

In a bid to save the future of trees and forests amid the reports of rising temperatures, researchers sought to understand the process that leads up to mortality in trees. Source: The Christian Science Monitor Millions of trees have died as a result of lack of water including the 225 
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Vietnam and EU agree on timber legality

Vietnam and the European Union have agreed that the Timber Legality Assurance System of Vietnam (VNTLAS) will be applied to wood and wood products exported to the EU, and also to other countries, as well as the domestic market. Source: The Jakarta Post The two sides reached agreement
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UK forestry split on EU question

Britain’s forestry industry is split down the middle on how to vote in the European referendum in June on remaining in the EU.  Source: Press And Journal A poll by Confor, the forestry and timber trade body that represents around 2000 businesses across the UK, showed 52% in favour of
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NZ cheated on carbon credits

New Zealand is being accused of cheating to fulfil its international climate change obligations. A new report by the Morgan Foundation says foreign carbon credits, which New Zealand bought to reach its climate targets were fraudulent. Source: The New Zealand Herald It says that New Ze
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Midway about to float on stockmarket

The country’s largest high-quality woodchip processor and exporter woodchip, Midway, is set to front fund managers ahead of a potential $250 million sharemarket listing. Source: Australian Financial Review The Australian Financial Review can reveal analysts at Ord Minnett and Mo
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Log truck driver training a must in NZ

The spate of log truck accidents in Northland highlight the need for the government to have a balanced transport policy that includes rail, and in addition provides specialist training for local drivers and a much greater allocation of funding to improve the roads, according to the Ne
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CEO of PF Olsen new president of FOA

Peter Clark, the chief executive officer of PF Olsen Ltd, has been elected president of the Forest Owners Association (FOA). Source: Timberbiz, Scoop NZ, Lesprom He replaces retiring president Paul Nicholls. George Asher, chief executive officer of the Lake Taupo Forest Trust, has bee
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