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Rubicon shares rise after CEO Moriarty says ArborGen on track to more than double earnings- Rubicon shares rose 9.1 percent after chief executive Luke Moriarty told shareholders its sole asset ArborGen is on track to more than double annual earnings. “We have great belief in the potential future upside in ArborGen,” Moriarty told shareholders at[…]

New Zealand exported more than one million cubic metres of softwood logs in January, only the second time in the country’s history that such a high volume has been shipped in the month. The country exported 1.1 million cubic metres of softwood logs overseas in January this year, up 32 percent on January 2017, according[…]

New Zealand has increased log exports to China in February 2018 by 55.9% to 1,17 million m3 with average price of NZ$164 per m3, according to Statistics New Zealand data. China’s share in News Zealand log exports has gained 10 pp to 75.8%. The supplies to Korea declined 24.7% to 162.4 thousands m3, and to[…]

In January 2018, Brazilian exports of wood products (except pulp and paper) increased 28.8% in value compared to January 2017, from $183.7 million to $236.6 million, ITTO reported. The value of pine sawnwood exports increased 23% between January 2017 ($33.6 million) and January 2018 ($41.2 million). In terms of volume, exports increased 18% over the[…]

Russian sawmills exported approximately 84 thousands m3 of softwood lumber to Egypt in January, analysis company Woodstat reported. This represents an increase of 42% compared to January 2017. Deliveries from Sweden decreased by 7% during the month and Finland increased the export by 3%. The Russian export to Egypt increased by 63% during the fourth[…]

Traction aid winches constitute one of the most significant innovations in forest technology over the last ten years. As a valuable tool used for forest work on slopes, they are indispensable for the protection of the soils and in terms of sustainability and under economic aspects. For companies from the German-speaking area, the winches have[…]

Global Softwood Lumber Trade Trade of softwood lumber reached an all-time-high in 2017 as demand for wood was strong in most key markets around the world. An estimated 126 million m3 of softwood lumber was shipped from forest-rich countries such as Canada, Russia, Sweden and Finland to markets with high consumption of lumber, including China,[…]

New Zealand’s forestry exports are forecast to rise nearly 11% in the year ending June 2018 to NZ$42.2 billion. This would be the largest annual increase since 2014, according to the Ministry for Primary Industries’ (MPI’s) latest quarterly update. “Our Situation and outlook for primary industries report shows export revenue across all of the sectors[…]

Woodflow 2018 – As part of the upcoming two-yearly tech update for forestry, wood harvesting and transport companies around Australasia, the very latest international and local developments around vehicle fleet operations, planning and safety as they apply to the wood transport businesses are being unveiled. Included in the line-up for WoodFlow 2018 are; Alexander Mastrovito,[…]

In Canada, an Ontario Superior Court judge has found Sino-Forest Corp’s co-founder and former CEO Allen Chan guilty of fraud, breach of fiduciary duty and negligence and ordered him to pay more than $2.6 billion. Justice Michael Penny found that Allen Chan “abused his unique position as a fiduciary to orchestrate an extremely large and[…]