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Congress gears up for a fight over mass timber legislation
The battle over the 2017 Timber Innovation Act is gaining momentum in Washington, D.C., where two new Senate sponsors and four new Congress members have signed on to it since this past May. The pending legislation would provide funding... -
Materials of the future – they’re here
Technology and human ingenuity have brought us new construction materials that a decade ago seemed inconceivable – well to the average person at least. Researchers and scientists have been aware for decades of the potential for new materials to... -
Top Kiwi firms act as major NZ forestry business bought by Australian company
Leading New Zealand firms have acted in the sale of one of the largest forestry businesses in New Zealand. MinterEllisonRuddWatts advised Australia’s OneFortyOne Plantations (OFO), which agreed to buy New Zealand’s Nelson Forests from funds advised by US-based Global... -
The Global Forest Industry in the 3Q/2017
Excerpts from the Wood Resource Quarterly (www.woodprices.com) – 30 Years of Global Wood Price Reporting Global Timber Markets Sawlog prices were up in most regions of the world in the 3Q/17. The price increases from the 2Q/17 were generally... -
Province will hire experts to review forestry market for fight against U.S. duties
(CA) – The New Brunswick government will hire an expert firm to review the province’s forestry market as part of its ongoing fight against softwood anti-dumping duties announced by the U.S. Commerce Department earlier this month. The province maintains... -
Vietnam records progress in forestry development
(VN) Under the strategy for the 2006-20 period, the figure is expected to reach 3.5-4 percent by 2020, the Ministry of Agriculture and Rural Development reported. Forestry export value also rapidly increased, almost tripling after 10 years, from 2.18... -
Robots could soon take over dangerous forestry jobs
(NZ) – Some of the most dangerous and labour intensive jobs in the primary sector could soon be done by robots. Researchers from Lincoln Agritech, Scion, and several universities around the country are working to develop robots that can... -
EU Markets Open Doors to Indonesian Timber
(ID) – Indonesia will maintain its good reputation at the European Union’s timber market, which is known for its strict controls and quality requirements, a minister said on Thursday (30/11). Since November last year, when Indonesia’s timber legality verification... -
Nelson Forests set to change hands
(NZ) – An Australian company is set to take Nelson’s largest forestry business, Nelson Forests. OneFortyOne Plantations (OFO) has signed an agreement to acquire the company’s 60,000 hectares of pine forests across Nelson and Marlborough, and Kaituna Sawmill near... -
Kangaroo Island Plantation Timbers bags $20 million via oversubscribed share placement
(AU) – Kangaroo Island Plantation Timbers Ltd (ASX:KPT) has successfully raised $20 million via an institutional share placement at $2.00 per share, to commercialise its timber products. The placement was heavily oversubscribed with a number of new institutional...
