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The market uncertainty being caused by the China-U.S. trade dispute is now one of the most important topics to watch, even amid myriad changing developments and issues that continue to impact market dynamics worldwide. The first volley was made by the U.S., and then (on August 23) China retaliated with a 25% import tariff on[…]

Rotorua-based timber products company Red Stag is about to embark on several building projects to showcase the potential of timber as a construction material in large-scale building projects. Red Stag is New Zealand’s largest saw miller, employing 300 people with annual turnover of NZ$220 million. The building projects come ahead of plans to build a[…]

Altus Renewables Limited and Mitsui & Co Ltd. have entered into a new long-term wood pellet offtake agreement in relation to Altus’ Tuan wood pellet production facility located near Maryborough, Queensland and will jointly explore the construction of a significant new production facility in Australia’s Green Triangle region of South Australia and Victoria. The 1[…]

The Professional Logging Contractors of Maine (PLC) issued a statement last week commending ND Paper LLC’s twin announcements that it will invest $111 million in its Rumford mill over the next two years to increase production capacity, and plans to purchase the idled Old Town bleached kraft pulp mill with an eye toward restarting the[…]

The new-generation forest owners are increasingly managing their own forests. At least as important as the yield is to manage the forests in a long-term and environmentally sound way. This approach will be in focus at SkogsElmia, which will be held next summer on 6–8 June 2019 in the forest south of Jönköping. If Elmia[…]

Komatsu Forest has an intention to invest in land at Klockarbäcken in Umeå, Sweden, to further expand their operations. The land area is in an existing industrial and commercial area. Komatsu Forest manufactures forest machines that are sold worldwide. The company, which is wholly owned by the Japanese company Komatsu LTD, has its manufacturing and[…]

If the good operating conditions remain the rest of the year, 2018 can be a record year in terms of total impact and timber prices reports Gina Aakre – Norwegian Forest Owners Association. It shows figures from the Agriculture Directorate. The average timber price was NOK 426 per cubic meter, which is 18 percent higher[…]

John Deere has again earned a spot among the world’s most valuable brands in an annual ranking completed by Interbrand, a leading brand consulting firm. John Deere is ranked 88th in the Best Global Brands research announced today, moving up 4 spots from a year ago. Interbrand estimates the John Deere brand to now be[…]

John Deere continues to provide best-in-class vegetation management with the addition of the MH60D mulching head to its Worksite Pro™ lineup. Designed to remove 8-inch (203-mm) trees and 12-inch (305-mm) stumps with ease, the MH60D model shreds underbrush and woody materials into beneficial mulch in minutes. Like all Worksite Pro attachments, this mulching head is[…]

Hyne Timber has just announced a significant expansion to its Glue Laminated Timber (GLT) manufacturing capability in Maryborough, Queensland. Already a significant manufacturer of GLT in addition to softwood timber products, this expansion investment with the support of a Queensland Government Jobs and Regional Growth Fund will launch the company into a globally competitive product[…]