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NZ East Coast: Hybrid forestry model promoted
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NZ East Coast: Hybrid forestry model promoted
May 25, 2022

(Gisborne) A hybrid approach of planting both exotics and natives will produce more socio-economic and environmental benefits, says regional leadership governance group Rau Tipu Rau Ora. At a meeting last week the group presented its “position statement” on managing exotic afforestation incentives consultation submission directly to Minister of Forestry Stuart Nash, who was in Gisborne.[…]

Mitsui and Nomura enter agreement to purchase New Forests
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Mitsui and Nomura enter agreement to purchase New Forests
May 25, 2022

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced Mitsui & Co., Ltd (Mitsui) and Nomura Holdings, Inc (Nomura), have entered into an agreement to purchase a 100% shareholding of New Forests. The agreement, which is subject to regulatory approval and expected to be completed by December 2022,[…]

Stora Enso, Tornator and WWF launch cooperation for forest streams in Finland
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Stora Enso, Tornator and WWF launch cooperation for forest streams in Finland
May 24, 2022

Stora Enso, Tornator and WWF Finland have launched a three-year cooperation to improve the condition of Finland’s freshwaters forest streams and to conserve and protect their species. The first voluntary work will take place in summer 2022. The aim of the cooperation is to restore habitats in small waterbodies, mainly in forests, closer to their[…]

Early Bark Beetle Detection
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Early Bark Beetle Detection
May 24, 2022

Beating the Bark Beetle with Satellite Analytics Berlin, 25 May 2022 Managing and monitoring forests is challenging. They typically cover vast areas while problems like bug infestations occur locally, with devastating effects to the ecosystem and economic damage to the owners. Satellite analytics and solutions company LiveEO today announced a product based on satellite data[…]

Mirax Group to Acquire Avalon Dryland Sort in Port Mellon, BC
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Mirax Group to Acquire Avalon Dryland Sort in Port Mellon, BC
May 18, 2022

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[…]

New Global Partnership Announced At World Forestry Congress
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New Global Partnership Announced At World Forestry Congress
May 18, 2022

As governments around the world turn to the benefits of sustainable forest management and forest products to support climate action and post-pandemic economic recovery, a new agreement struck recently at the World Forestry Congress in Seoul will help advance forestry solutions and policy dialogue around the world – The United Nations Forum on Forests (UNFF)[…]

Ponsse manufactures its 18,000th forest machine
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Ponsse manufactures its 18,000th forest machine
May 18, 2022

The 18,000th PONSSE forest machine was completed at Ponsse’s factory in Vieremä. After its handover, the PONSSE Elk will be operated by VMC Bois in France. “The highly demanding harvesting industry calls for solid professional skills, determination and close cooperation. These are also the characteristics of our partnership with VMC Bois. It feels really good[…]

NZ – Forest360 Log export market update
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NZ – Forest360 Log export market update
May 18, 2022

Stability and consistency have never really been ideals that our industry has conformed to, and this year is no different. Although the May at wharf gate (AWG) export prices are very similar to those offered in April (mid to high $120’s/m3 for A grade), the underlying variables that make up those prices are vastly different.[…]

John Deere suspends shipments to Russia
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John Deere suspends shipments to Russia
May 18, 2022

Recent Statement John Deere suspends shipments to Russia – John Deere is deeply saddened by the significant escalation of events in Ukraine. The safety, welfare, and well-being of our employees in the region remains our top priority, and we continue to support and maintain close communication with our affected teams, providing necessary resources when possible. Our[…]

Setra Group invests in TC kilns from Valutec to two Swedish sawmills
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Setra Group invests in TC kilns from Valutec to two Swedish sawmills
May 18, 2022

Just under two years ago, Setra Hasselfors became the first sawmill within the Setra Group to invest in Valutec TC drying technology. Now they are investing in new TC wood drying kilns for both Hasselfors and the sawmill in Heby, both located in Sweden. “The properties of the TC continuous kiln fit well into the[…]

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