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

Vigilante action by professor stuns forest owners

Forest owners are dismayed at Otago University Professor Sir Alan Mark’s suggestion that he might assemble a group of activists to rip out forest seedlings on a farm near Dunedin. At issue is a 189 hectare block of Douglas-fir planted as a carbon forest by Landcorp at Waipori Station.
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Craigmore to build plantation on NZ North Island

Craigmore Forestry Fund, which is managed by Forbes Elworthy's Craigmore Sustainables, paid $2 million for 511 hectares of land it wants to convert into forestry as it looks to build plantations down the east coast of the North Island of New Zealand. Source: The National Business Revi
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Metcash now owns Mitre 10

Grocery wholesaler Metcash Ltd has paid $46.5 million to take complete ownership of hardware chain Mitre 10. Metcash has held a 50.1% stake in Mitre 10 for more than two years, and in June said it would take full control of the chain if Mitre 10's financial performance in the year to
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Craftsmen lament Tasmanian peace deal

Craftsmen from Tasmania's speciality timbers industry say the forest peace deal announcement could be the death knell for their sector. They say an artificial and inadequate ceiling on timber production is not backed by research and $70 million's worth of economic activity and more th
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Greens attack Planet Ark

ABC1's 7.30 Report has revealed the harsh line the Greens party is taking unless groups that claim to advance environmental interests support its positions. Source: The Australian
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Pacific Island loans financing illegal tree felling

According to the Sydney Morning Herald, Australia’s Westpac Bank is financing some of the Pacific's most unsustainable and destructive logging operations and has provided loans to companies in the Solomon Islands linked to illegal tree felling. Sources: Brisbane Times, Sydney Morning
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Nanoscience to benefit wood adhesives

Research to improve wood adhesives through the use of nanotechnology earned Dr Joseph Jakes a Presidential Early Career Award for Scientists and Engineers (PECASE). Jakes is a research materials engineer and his exploration of wood at the nanoscale has resulted in the development of
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PNG logging report damning

Papua New Guinea's new government has been handed a report into an alleged giveaway of the country's tropical forests. The present caretaker prime minister, Mr Peter O'Neill, initiated a commission of inquiry into controversial forestry concessions granted over the previous decade whe
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