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

Wood flooring market in China growth

Wood flooring sees growth in the flooring industry of China up from 33.9% in 2009 to 36.2% in 2014, being the second largest flooring product. Source: PR Wire In 2014, Chinese wood flooring market, affected by the depressed real estate sector at home, witnessed a slowdown in growth ra
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Softwood lumber prices worldwide

Despite reduced demand for lumber in the US, Europe and Asia, lumber production and trade volumes were relatively high during the first half of 2015, reports the Wood Resource Quarterly. Source: Marketwatch The supply/demand imbalance resulted in downward price pressure in key markets
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Bioenergy opportunities for NZ

IEA Bioenergy Task 39, a group of international experts working to commercialize sustainable transportation biofuels featured an update on opportunities for biofuels in New Zealand. Source: Biomass magazine Ian Suckling, a Task 39 New Zealand member and various other contributors auth
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Trust to create wood processing cluster

A multi-million dollar investment by New Zealand’s Eastland Community Trust has given a green light to the creation of a wood processing “cluster” and centre of excellence at the former Prime Sawmill. Source: The Gisborne Herald The trust has approved NZ$7.4 million to buy the sawmill
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More taxpayer compo for Tasmania

The Tasmanian Government is set to give more taxpayer money to people affected by the severe downturn in the forestry industry, as part of a hardship program to be announced within weeks. Source: ABC News Already $85 million has been provided to Tasmanians devastated after the collaps
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Wood Resene design awards

Stylish new timber buildings in Christchurch have been recognised in national design awards. Source: Stuff.co.nz A factory-built modular home design and two office buildings took honours in the recent New Zealand Wood Resene Timber Design Awards. The rebuilt Trimble Navigation office
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Tambo sawmill without timber allocation

A western Queensland council says it is ludicrous it still cannot get a timber allocation for a sawmill. Source: ABC News The Blackall-Tambo Regional Council bought the disused Tambo Sawmill last year, hoping to revive the facility and create jobs. However, Mayor Barry Muir said despi
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On-port log storage increase in New Zealand

A new cargo storage warehouse at Marsden in New Zealand will help Northport deal with its increase in on-port log storage, which has already given the company a lift in revenue this year. Sources: The Northern Advocate, The New Zealand Herald Marsden Maritime Holdings (MMH) recorded a
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