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Weyerhaeuser Company (NYSE: WY)  announced October 12 the redemption of its 21% ownership interest in the Twin Creeks Timber, LLC joint venture (“Twin Creeks”) for $107.5 million in cash.  The Company also announced an agreement to sell 100,000 acres of Southern Timberlands to Twin Creeks for $202.5 million. The sale includes 80,000 acres of timberlands[…]

The Myanmar government has recently taken another step to join a EU-led agreement to combat illegal logging and forest management. The measure will help ease timber exports to the European market. According to Myanmar Times, various stakeholders, from all states and regions, have established an executive committee that will negotiate to be part of the[…]

In January-August 2017, Russian pulp exports decreased year-on-year, indicate the statistics published by the Russian Federal Customs Office. Thus, during the first eight months of the current year Russia exported 1.354 million tonnes of pulp, that is 2.95% less than during the respective period of the last year. The total value of the Russian pulp[…]

Vietnam’s exports of wood and timber products is forecast to reach US$8 billion in 2017, representing a 17% y-o-y increase and surpassing the target of $7-7.5 billion set earlier this year. Nguyen Ton Quyen, vice chairman and General Secretary of Viet Nam Timber and Forest Product Association (VIFORES), said the impressive growth rate in the[…]

John Deere SmartGrade™ is now available on the 650K crawler dozer, joining the 700K, 750K and 850K models equipped with the technology. The integrated Topcon 3D-MC2 Grade Control System improves job site accuracy and work quality — delivering precise grading performance while eliminating vulnerable external masts and cables. “The John Deere lineup of SmartGrade dozers[…]

Hiab, part of Cargotec, has secured an order for close to 40 LOGLIFT F96ST forestry cranes from Russia. The customer is ULK, a group of Russian companies specialised in logging, deep wood processing and disposal of waste lumber. The value of the order exceeds EUR 1 million and it has been booked into Cargotec’s third-quarter[…]

Since it’s beginning in 1980, Log Max has grown to be highly regarded and much sought-after manufacturer of harvesting heads and control system. Today the company is one of the world’s largest manufacturer in the segment. With an extended range of products, high service, and quality benefits, Log Max products bring the best in advanced[…]

At Ecomondo, the international trade fair for material and energy recovery (7 to 10 November in Rimini), Vecoplan AG will be presenting its VEZ 2500 T high-performance shredder and other products. The machines in this series are used for deriving fuels from production waste, sorting waste, packaging material, domestic waste and industrial waste. The fuels[…]

New Zealand’s commercial drone manufacturers are successfully finding niche markets as the potential for the unmanned flying machines takes off. While unable to compete on price with large Chinese drone makers, several Kiwi companies are finding specialised uses for drones, which are already saving business time and money. Currently, 70 per cent of commercial drones[…]

Timberland owners in Australia are increasingly exploring opportunities for the exportation of logs as an alternative to selling logs in the domestic market. From 2012 to 2016, the export volume was up 300%, and 2017 is likely to set a new record high, according to the Wood Resource Quarterly. Rising log prices in the export[…]