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[…]
Nathan Trushell has been appointed as the new CEO of VicForests following a successful period of acting CEO. VicForests’ Board Chair, Michael Humphris, said Mr Trushell brings a wealth of experience in the Victorian native timber industry. VicForests is a Victorian State-owned business responsible for the sustainable harvest, regrowing and commercial sale of timber from[…]
Australia’s CSIRO is collaborating in a NASA-funded project, using a CSIRO-designed instrument, to help develop new methods of measuring forest carbon stores on a large scale. Forests are the world’s main above-ground carbon store and are therefore critical in controlling the global carbon cycle. But estimating the amount of carbon stored in forests over a[…]
How much money is needed to save the rainforests? Estimating the exact amount of money needed to save the rainforests is challenging due to the complex and diverse nature of rainforest conservation efforts across different regions. The costs involved can vary significantly based on factors such as the size of the rainforest area, the level[…]
How much money is needed to save the rainforests? Estimating the exact amount of money needed to save the rainforests is challenging due to the complex and diverse nature of rainforest conservation efforts across different regions. The costs involved can vary significantly based on factors such as the size of the rainforest area, the level[…]
Finsilva plc, one of Finland’s largest forest owners, will adopt the Metsä Group Plus forest management model for measures carried out in its forests. The Metsä Group Plus model calls for more retention trees, burned wood, high biodiversity stumps and protective thickets in the forest and wider buffer zones along waterways than conventional models. “Finsilva[…]
Lumin, a leading timberland and forest products company, will invest ~US$ 136 million to build its third industrial plant in Uruguay, which is expected to create more than 300 jobs and significantly increase the country’s sustainable plywood production. The announcement was made this afternoon in Melo at an event attended by the President of Uruguay,[…]
Komatsu’s new XT-5 tracked harvesters provide maneuverability and power in demanding conditions To harvest trees in tight, dense and rugged-terrain forests, operators need machines with maneuverability, power, versatility and reliability. With Komatsu’s XT-5 tracked harvesters, operators can harvest closer to the carrier and maneuver confidently thanks to a lower center of gravity and off-set boom. Made[…]
B.C. delegates recently embarked on the first post-COVID-19 forestry trade mission to Japan, seeking to increase market opportunities, meet with customers and partners, and encourage expanded use of B.C. wood products. “Japan is a critically important export market for B.C.’s high-quality wood products, and we are excited to engage directly and strengthen relationships with our[…]
Astara Capital Partners, LLC (“Astara”) announced May 24, 2022 that it has formed Camden Timbers, LLC (“Camden Timbers” or the “Company”) to acquire and restart the assets of Victory Lumber, LLC (“Victory”), a Southern Yellow Pine sawmill located in Camden, AR. Camden Timbers is Astara’s second sawmill investment in the ACP Lumber Holdings, LLC (“ACP Lumber”) platform following its acquisition[…]