Gunns' move to recapitalisation has been slow and full of setbacks and there is no end in sight. It appears that lenders to the embattled timber company are becoming nervous about the $500 million they are owed by the end of the year. Sources: Business Spectator, ABC News, The Austr

Taxpayers could be forced to fund more sawmill buyouts to ensure the success of Tasmania's forest peace deal. There is $15 million in the forest peace deal to buy out contracts owned by sawmills that will be affected by a reduction in native forest logging. Source: Yahoo 7 News, The M

A wood-processing plant near Milton in New Zealand will not be mothballed, although just how many of the 31 jobs under threat have been saved remains unclear after news that a Southland timber company has secured the mill's lease. The news follows City Forests' decision in April to pr

The Bligh government's asset sell-off has been linked to forecast problems affecting the Newman Government's newly announced Timber Industry Plan. Timber Queensland CEO Rod McInnes says a working group of government officials had begun to develop a vision for the plan, which would tak

New Zealand, the only country outside Europe with a comprehensive Emissions Trading Scheme (ETS), has announced important amendments to strengthen its ETS in face of weak global market conditions. So with significant and on-going changes in carbon trading markets, interest is high for

Around 60,142 board feet of illegal logs, lumber flitches and other forest products have been seized across the Soccsksargen Region of the Philippines from January until May this year according to a report from the Department of Environment and Natural Resources (DENR). Source: Philip

Prices for mill and forest biomass fell in most major consuming regions of the US in the second quarter of 2012, according to the North American Wood Fiber Review. The main reason for the declining prices is the continued fall of natural gas prices to levels not seen in 10 years. So

The timber industry must prepare for upcoming Construction Products Regulation (CPR), according to Meyer Timber market executive Stephen Cope. The CPR has the ability to change the way the UK timber trade operates and it will supersede the Construction Products Directive (CPD) next ye