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  Australian forestry company New Forests has a war chest of up to $500 million set aside for investing in New Zealand forestry. Managing director for Australia and New Zealand, Mark Rogers, said the money had been recently raised from mainly European investors. “We raised $873 million and we need to spend a big slab[…]

  US logs dominate shipments through Yantian port – According to the Shenzhen Entry-Exit Inspection and Quarantine Bureau, log imports through Yantian Port in Shenzhen City were 961,900 cubic metres valued at US$203 million between January and October this year. This represents a 54% increase in the volume of deliveries. Some 85% of all log[…]

Tigercat has announced that Marcos Dos Santos has joined the Tigercat product support team in the position of Brazilian factory support representative, based in Arapoti, Parana State, Brazil. Marcos will be working with their team in the region, providing after sales technical support to Tigercat’s growing customer base in Brazil. Marcos has more than twenty[…]

Baltania OÜ, a 100% owned subsidiary of Dutch private equity investment firm Momentum Capital, has made a conditional investment decision to commission an industrial scale torrefaction bio-coal plant in Vägari, Estonia. Value of the investment is approximately Euro 45 million. Providing, that all conditions of the investment decision are met, the construction of the bio-coal[…]

Again, after an incredibly busy year, the Forest Industry Engineering Association (FIEA) has in conjunction with a wide cross section of industry on both sides of the Tasman, developed an Events Planner for next year. With again very high turnouts at all FIEA technology events that have been run this year, they are really excited[…]

At the just completed ForestTECH 2017 series, major forestry companies in both New Zealand and Australia reported how they are investing heavily in drones, training in-company pilots and using the technology operationally across their estates. Timberlands who manage >200,000ha plantation forests in the CNI of New Zealand including the Kaingaroa estate already have six qualified[…]

Carter Holt Harvey (CHH) and Associated Kiln Driers (AKD) are in advanced negotiations regarding the potential purchase of the Yarram sawmill located at Yarram, Victoria and the Caboolture sawmill located at Caboolture, Queensland by AKD. At this stage, no agreement has been reached by the parties to proceed with the proposal, and any subsequent agreement[…]

Södra has established the first indoor birch seed orchard in Sweden. By growing birch seeds indoors, supply becomes more stable, and the quality of the seedlings is higher and more consistent. The facility is located at Södra’s nursery in Falkenberg, where Södra is currently developing the operation in partnership with Svenska Skogsplantor. The advantage of[…]

Australian OneFortyOne Plantations (OFO) has signed an agreement to acquire one of New Zealand’s leading forestry businesses, Nelson Forests. Nelson Forests is currently 100% owned by investment funds advised by Global Forest Partners LP, a US-based timberland investment management organisation. The acquisition will allow for the exchange of best practice forestry management between the Australian[…]

The measuring station at Värö will be the first at Södra to introduce new technology for measuring timber stack volumes on trucks. The new method is based on automated volume measurement using laser technology, developed by Swedish company, Mabema AB. Introduction of the new technology will also involve a transition from manual to digital timber[…]