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

A reason to diversify forestry markets

Australia’s largest forestry investment company says drought in China that forced the temporary closure of one of the world’s biggest paper processors, in Rizhao, earlier this year is reason for Australia to diversify forestry export markets. Source: ABC Rural The closure
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CHH postpones public offering, again

The Graeme Hart-controlled Carter Holt Harvey revived plans for an initial public offering of its New Zealand Carters Building Supplies distribution business in August, after scrapping its original plan to float its Australian and New Zealand timber products and building supplies busi
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NZ’s Chinese sawmill

China’s largest forestry company is looking at building a state-of-the-art sawmill in Taupo, which could create more than 250 jobs and pump millions into the region’s economy. Sources: Radio New Zealand, 3 News Taupo District mayor David Trewavas said Fenglin Wood Industry
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Bioenergy Australia conference

One of Australia’s foremost bioenergy conferences, Bioenergy Australia 2015, will be held at the Hotel Grand Chancellor in Launceston over two days. Source: Timberbiz The event will start on Monday 30 November and run until the end of Tuesday, 1 December, with a technical tour on Wedn
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World report on bioenergy production

Over the past two years, 137 experts from 24 countries and 82 institutions have collaborated to analyze a range of issues related to the sustainability of bioenergy production and use. Source: Eureka Alert The resulting report Bioenergy & Sustainability: Bridging the Gaps, will be
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Manhattan goes for high rise wood

Engineered wood isn’t a phrase that springs to mind when speaking of Manhattan real-estate projects. But a local partnership wants to change that, and the federal government hopes it succeeds. Source: The Wall Street Journal 130 134 Holdings LLC, in partnership with Spiritos Propertie
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Japan lumber self-sufficiency climbs

Japan’s lumber self-sufficiency rate is believed to have recovered above 30% for the first time in 27 years in 2014, according to industry officials. Source: Japan Times The recovery reflects increasing demand for domestic lumber amid the yen’s weakness, which has lifted prices for im
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Tas rehiring redundant forestry workers

The Tasmanian Opposition has accused the Government of rehiring forestry workers who had been made redundant as firefighting casuals. Source: ABC News Earlier in the year, the state-owned Forestry Tasmania (FT) was restructured, which involved significant job cuts and fuelled fears of
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