Search Results for: BID Group

According to Justice for Myanmar, U.S. companies imported nearly 1,600 metric tons of teak between February and December of last year reports Sebastian Strangio, The Diplomat. American companies continue to import teakwood from military-ruled Myanmar in apparent violation of U.S. sanctions, an advocacy group said in a report released yesterday. Justice for Myanmar (JFM), a Myanmar-based human rights group, found[…]

Using the Perception HEAD enables the Woodtech Division of Wintersteiger AG to precisely detect the structure of defects in wood. This allows chemical characteristics such as blue stain, weak spots, branch decay, galls, and knotholes to be precisely scanned & machined, setting new quality assurance standards in the timber industry. Changes in the price of wood alongside[…]

Responding to regional opportunities and technical innovations ahead for the State’s $3.2 billion forest and timber industry, a broad representation of Directors was elected at Timber Queensland’s Annual General Meeting (AGM) last week, which was hosted at the ARC Future Timber Hub at the University of Queensland. A unanimous decision by members present, elected Mr[…]

The famous Multitask machine MTH from FAE Group celebrates its tenth anniversary, looking towards the future. The restyled version is now on the market, also available in the HP (High Power) model. This top-of-the-range release is designed to work with powerful latest-generation tractors from 300 to 500 horse power. The key feature of the FAE[…]

Timber Queensland held its Annual General Meeting last week. A unanimous decision by members present, elected Mr. James Hyne, Stakeholder Engagement Manager, Hyne Timber as the new Chair and Mr. Paul Bidwell Deputy Chief Executive, Master Builders Queensland as Deputy Chair. Timber Queensland Chair Mr. James Hyne said the incoming Board has a strong eye[…]

Canada – In British Columbia, the provincial government is committing Cdn $7.8 million to promote the use of BC wood overseas, advance wood building systems and products, and expand global markets. BC Government announced the funding at a national forestry convention in Prince George, alongside Doug Donaldson, Minister of Forests, Lands, Natural Resource Operations and[…]

NY Timber will be merged with existing Cairngorm portfolio company Thornbridge, which Cairngorm picked up in November last year, the private equity firm’s first investment from Cairngorm Capital II. The merger is Cairngorm’s latest step in its bid to consolidate the UK value-added timber distribution market. The combined group will generate revenues of over £50m[…]

Highlights Argento has acquired 100% of the share capital of WoodBois, a leading global trader and producer of sawn timber, for $14.6m over 3 tranches including c$4m equity Gabon Forestry concession actually 96,851 hectares (vs. 41,278ha initially estimated) Potential annual harvest of over 9 million m³ identified by third party inventory assessor Sawmill capacity of[…]

Procter & Gamble and Domtar Corp have joined the North America Forest & Trade Network (NAFTN) in a bid to make their wood-based products more sustainably sourced. This announcement from the World Wildlife Fund (WWF) is the second development to cast a spotlight on the issue of sustainable forest sourcing. On Tuesday, ForestEthics and Dogwood[…]