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 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[…]
Komatsu Forest wants to create a factory for the future – Recently, Komatsu Forest announced their intention to acquire land in Klockarbacken, Umea, Sweden. Now Komatsu Forest have revealed that they have the ambition to build a completely new factory in the area. The ambition is to build a factory that is optimised with human[…]
In China, a massive restructuring effort to eliminate outdated and polluting wood processing mills, many of them being plymills had, by the end of 2017, resulted in around 3,000 plywood mills across the country being closed. A total of 621 fibreboard production lines were dismantled or shut down eliminating over 20 million cubic metres of[…]
Wood products company Setra is reporting an operating profit of SEK 287 million ($31.9 million) for the period January–September 2018. Net sales totalled SEK 3,325 million ($369.4 million). Operating profit for the 3Q amounted to SEK 54 million ($6 million), with net sales of SEK 966 million ($107.3 million). “We’re reporting an operating profit for[…]