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[…]
Imagine planting by hand more than 5.5 million trees. That’s exactly what the team at OneFortyOne have just done with the replanting season finishing last week across its Green Triangle forests. For one man, OFO’s Terry Higgins, this season marked an important milestone as it was the second time he has replanted trees on this[…]
EDITOR’S COMMENT ISSUE 64 AUG/SEPT 2018 Canada big winner in trade war Not so long ago, I used this space to bemoan what I felt was the short-sightedness of US President Donald Trump in starting a trade war in his effort to wrestle back global market share. My view had been that playing what amounts to[…]
New Zealand-grown Pinus radiata will be taller and slimmer in the future according to a new paper. While sequestering greater amounts of carbon, the trees will be more exposed to risks from extreme winds and wildfire. Researchers from Crown research institutes Scion and Manaaki Whenua have considered how climate change and future biosecurity threats might[…]
Rossi Group LLC of Connecticut has opened its new mill at Emporium in western Pennsylvania, one of the most advanced in America, following the destruction of its sawmill by fire just 15 months earlier. The mill is expected to be fully operational by the end of the year, reports TTJ. Production of graded lumber will[…]
Log Market Summary July’s At-Wharf-Gate (AWG) prices for logs delivered to ports around New Zealand are relatively unchanged from June prices. However, some exporters have strategically changed some prices of various grades and lengths, but the overall average price remains unchanged. There has been the usual seasonal slow-down in log demand as the weather heats[…]
Södra reported sustained strong operating profit of SEK 1,318 million ($149 million) for the 2Q, the best quarterly result ever. The market trend was positive for all of the company product categories and completed investments, efficiency improvements and restructuring are reflected in the result. Consolidated net sales for the 2Q rose 26% year-on-year to SEK[…]
BioCarbon Engineering (BCE), a UK company with the ambition to plant 500 billion trees by 2060 through the use of drones, has received a funding boost of US$2.5 million. The seed investment comes from SYSTEMIQ, a purpose-driven investment and advisory firm that aims to tackle economic system failures, and Parrot, the leading European drone group.[…]
In a recent article by Russ Taylor, Managing Director of FEA Canada, he outlined how the recent run on lumber prices has put big smiles on the faces of North American sawmill operators and lumber traders. Mill prices for all lumber species in North America have been trending higher since preliminary U.S. import duties began[…]
EDITOR’S COMMENT ISSUE 61 FEB 18/MAR 2018 Sky is the limit Demand for wood could surge if high-rise timber buildings become the new norm. The forces behind what is likely to be the world’s tallest timber building have been on a marketing campaign recently on behalf of our industry, and we should be hugely thankful for their[…]