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INVL Asset Management, one of the largest asset management companies in the Baltics, has established the INVL Sustainable Timberland and Farmland Fund II (STAFF II). An initial offering of the fund raised EUR 32.45 million from private investors. The target size is EUR 100 million. The fund will invest in sustainably managed forests and agricultural[…]

Through the agreement, ITOCHU KENZAI Corporation will distribute and resell Timbeter’s solutions in Japan　 ITOCHU KENZAI Corporation, the first trading company in Japan focusing on construction materials, and Timbeter, an Estonian technology company that has developed digital workflow management solutions for the timber industry, have entered into a distribution and reseller agreement. With this agreement,[…]

Opticom Technologies is pleased to announce the release of its new 3MP CC04 Series IP camera. (CC04-IP3MV) The new version offers both H.264 and H.265 video compression algorithms. H.265 compression reduces bitrates by approximately 50% which significantly cuts bandwidth and storage usage. The 3MP CC04 delivers real time triple streaming that can be independently controlled[…]

IWT-Moldrup, a 3rd generation company for designing and supplying processes and equipment for industrial impregnation of wood, including CCA, creosote, Copper-Organics as well as industrial wood modification, will now be supplying the worldwide first dedicated Cu-Nap plant as the environmentally friendly but effective future alternative to CCA and creosote. Copper naphthenate (CuNap), has been used[…]

With the forestry series gaining a strong reputation in the industry, MAXAM has expanded the program to include the all-new MS930 to the lineup. The MS930 is engineered to provide the efficiency and strength of the LOGXTRA series while providing exceptional value to every site, making it a formidable solution for the forestry industry. The[…]

Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) has announced that after a 39-year distinguished career with Resolute, Yves Laflamme will be stepping down, and retiring, as of March 1, 2021. The board of directors has unanimously selected and appointed Remi G. Lalonde as the company’s next president and chief executive officer, effective on the same date.  Mr. Lalonde, 44,[…]

Lignia Wood Company has signed a distribution agreement with Australian timber experts Hurford Wholesale, who will be distributing LIGNIA products to the Australian and New Zealand markets. Neil Ryan, CEO of Lignia Wood Company said: “Lignia continues to go from strength to strength across the globe and we are now delighted to welcome Hurfords as a[…]

The wood industry company Setra has entered into an agreement regarding the sale of Rolf’s sawmill in Kalix to Stockhult Holding. Stockhult is, among other things, the owner of a sawmill in Glommersträsk and intends to resume operations in Rolf’s sawmill. In 2019, Setra closed down the sawmill operations in Rolfs. The company has now entered into[…]

Waratah Forestry Equipment has debuted a new model configuration of the HTH623C harvester head. The new HTH623C loader processor (LP) features a wide delimb opening for increased productivity while its short tilt frame improves reach for higher deck piles, making it more maneuverable and ideal for tight spaces. “The HTH623C LP takes great features of the HTH623C harvester[…]

Waratah Forestry Equipment has introduced two new models to its 200 Series line: the H219 and H219X harvester heads. Primarily built for late thinning or final felling, the new models have a variety of features for added uptime in harvesting, processing and debarking applications. “The robust Waratah H219 and H219X heads define high capacity two-roller productivity,” said Brent Fisher,[…]