New Zealand’s booming export log market is starting to catch the jitters as concerns mount about the impact of US President Donald Trump’s trade war. Demand for New Zealand logs has been strong over recent years as local sawmills compete with the export market to source logs for local construction, at a time when demand[…]
Sveaskog’s 2Q 2018 net sales rose to SEK 1,918 million ($216 million), an increase of 13%. Sales of wood raw material amounted to 2.9 million cubic metres. Operating profit from continuing operations increased by 12% and amounted to SEK 382 million ($43 million). The improvement in earnings is mainly an effect of higher prices. Difficult[…]
NZ structural log prices rose to the highest level for 25 years as local mills compete with the export market to secure supply for the domestic construction market amid strong demand from China. The average price for structural S1 logs increased to $135 a tonne this month, from $134 a tonne last month, and marking[…]
FPInnovations, the Laurentian Forestry Centre (LFC) of Natural Resources Canada, Université Laval and its Faculty of Forestry, Geography and Geomatics announce the signature of collaboration agreements aimed at developing the full innovation potential of the wood and forest sectors. This new operational synergy is based, among other things, on the complementary efforts of research forces[…]
BSW Timber, the UK’s leading integrated forestry and timber company, has announced its latest investment of €40m in Slovenia, constructing a new sawmill, CHP plant and pellet manufacturing facility which will see the creation of 170 new jobs. Representatives from BSW, including CEO Tony Hackney, were in Slovenia , Tuesday 22nd May to sign a[…]
David Pelly MA MSc has joined Tilhill Forestry’s Investment and Property team. His appointment adds to the wealth of knowledge and resources Tilhill can provide to people wanting to invest in the forestry sector. Pelly who lives in South Queensferry, Scotland, has taken on the role of Investment Forester after joining from forestry agents John[…]
Sumitomo Forestry NZ, the local unit of the Japanese timber conglomerate, posted a record profit last year after buying the timber plantations of US forestry investor Hancock in 2016 to secure more supply for its wood processing plant. The timber company , Sumitomo Forestry NZ posted a profit of $48.9 million in the year ended Dec. 31,[…]
New Zealand’s Forestry Minister Shane Jones on Friday announced the formation of a new Ministerial advisory group to provide independent advice about the forestry sector and how Government and industry can work together to deliver outcomes for New Zealand. The Forestry Ministerial Advisory Group is made up of ten forestry experts who will provide industry perspectives[…]
A key focus for this year’s WoodFlow 2018 event running in June is log measurement, scaling and tracking. Tasmania’s largest private forestry management company, Forico, has for a couple of years now been evaluating log measurement systems best suited to their operations. As well as managing 100,000 ha of timber plantations the company also operates[…]
In celebration of Earth Day at Bleckley Elementary School, Scott Pruitt, Administrator of the U.S. Environmental Protection Agency (EPA), made a landmark announcement for the agency recognizing that forest biomass is a carbon neutral renewable energy source. COCHRAN, GA. (PRWEB) APRIL 23, 2018 Biomass In celebration of Earth Day at Bleckley Elementary School, Scott Pruitt,[…]