Surging interest in sustainable construction has seen one of New Zealand’s oldest mass timber businesses combine with one of the youngest. After 64 years in McIntosh family ownership TimberLab Solutions has joined the Red Stag group following a share sale completed last week. TimberLab has been the company behind many of the iconic large-scale glulam[…]
Jackson, Mississippi—The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of a client, successfully purchased approximately 117,773 acres of timberland in east Texas and northwest Louisiana from clients of Manulife Investment Management. Located in eight counties in east Texas and eight parishes in northwest Louisiana, the[…]
Mirax Group has announced that it has reached an agreement to acquire Interfor Corporation’s Avalon Dryland Log Sort (“Avalon”) assets located in Port Mellon, BC, and will operate through a wholly-owned affiliated company, Avalon Log Sort Inc. Pursuant to the Agreement, Mirax Group will acquire all real property assets of Avalon and will retain all[…]
BSW, the UK’s largest integrated forestry and sawmilling group, has unveiled its new brand, with an expanded vision of ‘seeing timber in new light’. The brand launch sees the group uniting its capabilities under a new, overarching, BSW Group brand, forging an integrated supply chain to create value and sustain long-term growth. Tony Hackney, CEO,[…]
Sourcing Position Statement – BSW Group Like everyone around the UK, BSW Group is continually watching the ongoing developments in Ukraine, with a concern for their people and hope for peace as soon as possible. BSW Group member businesses, BSW Timber Solutions and Bayram Timber, purchase raw material from Russia, and it has been our[…]
Segezha Group PJSC (‘Segezha Group’ or the ‘Company’, MOEX: SGZH), a Sistema company and one of Russia’s leading vertically integrated timber holding companies with a full cycle of logging and deep wood processing, has reported increased pellet production and export to EU countries. In the first half of 2021, KsyloTech-Siberia, the Company’s pellet asset in[…]
The Pentarch Group has announced it has purchased the assets of Dormit Pty Ltd. Dormit operates two sawmills and associated operations located at Dandenong South and Swifts Creek in Victoria, Australia. It processes hardwood logs primarily for pallet production with final processing occurring in Dandenong. Dormit is Australia’s largest manufacturer of wooden pallets, up to[…]
Segezha Group, a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing (MOEX: SGZH) and part of Sistema PJSFC, is continuing the construction of a pellet production facility to turn by-products and wood waste into biofuel pellets at its Sokol Woodworking Plant.[…]
Segezha Group (MOEX: SGZH, a subsidiary of Sistema PJSFC) acquired the Karelian Wood Company, a logging and wood processing enterprise located near the town of Kostomuksha in the Republic of Karelia in January 2020. In order to streamline the integration of the enterprise into the Group, a modernization schedule was drawn up for the main production lines,[…]
Provides direct access to Forestry sector and alignment with UN Sustainable Development Goals and Principles of Responsible Investing J.P. Morgan Asset Management expects to become an active participant in carbon offset markets In an effort to directly impact the transition to a low-carbon economy and provide ESG-minded investment opportunities related to climate, conservation and biodiversity,[…]