Boral has announced further and major restructuring of its timber operations affecting its residues, woodchip, softwood and engineered flooring businesses. Source: Timberbiz
Lumber exports from the Nordic countries have changed quite dramatically in recent years. The European market has become relatively less important than it has been in the past. Source: Wood Resources International
China and Russia’s sovereign wealth funds are making their first joint investment – in a Siberian timber company – as part of a push to increase commercial ties between the Russian far-east and fast-growing countries in Asia. Source: The Financial Times
Whittakers Timber Products almost halved its 100 strong workforce, while Boral is restructuring its timber business and The Australian Forest Products Association (AFPA) is concerned at the loss of Australian jobs. Source: ABC South West WA, 4-Traders, Timberbiz
The World Heritage Committee has agreed to nominate an extra 170,000ha of Tasmanian bush, reigniting the war of words on forestry. Sources: The Australian, The Mercury
Information known to fallen timber company Gunns' board would have "seriously disturbed" investors, a court hearing has heard. Sources: The Weekly Times, The Australian
The FWPA is seeking expressions of interest from individuals or companies with a strong understanding of forest health management practices to develop a business case for a national forest health surveillance and response program. Source: Timberbiz
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