Search Results for: timber group

Australia’s battered forestry sector and timber industry is finally starting to emerge from the financial wilderness it was cast into nearly a decade ago following the spectacular collapse of managed investment scheme timber plantation companies such as Gunns, Timbercorp and Great Southern. New figures released by the federal government show the timber industry has enjoyed[…]

The U.S. Department of Commerce announced the affirmative final determinations of the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of softwood lumber from Canada. While significant efforts were made by the United States and Canada, and the respective softwood lumber industries, to reach a long-term settlement to this on-going trade dispute, the[…]

A multiannual project developed by the Association of Forest Administrators (AFA) and the “Ștefan cel Mare” University of Suceava with the support of Holzindustrie Schweighofer: •7 years of planting and aftercare (from 2017 to 2024) •One million trees to be planted •Over one million euros invested •The first planting operation will take place in November[…]

The Myanmar government has recently taken another step to join a EU-led agreement to combat illegal logging and forest management. The measure will help ease timber exports to the European market. According to Myanmar Times, various stakeholders, from all states and regions, have established an executive committee that will negotiate to be part of the[…]

Hiab, part of Cargotec, has secured an order for close to 40 LOGLIFT F96ST forestry cranes from Russia. The customer is ULK, a group of Russian companies specialised in logging, deep wood processing and disposal of waste lumber. The value of the order exceeds EUR 1 million and it has been booked into Cargotec’s third-quarter[…]

Setra has set in motion the sale of its operation in Rolfs, Kalix, Sweden, as the company said in the press release received by Lesprom Network. Hannele Arvonen, Setra’s President and CEO, comments: “We are focusing on increasing the synergies within the Group as a means of improving our long-term competitiveness. The level of integration[…]

Weyerhaeuser Company has announced the completion of the sale of its timberlands and manufacturing business in Uruguay to a consortium led by BTG Pactual’s Timberland Investment Group for US$402.5 million in cash. The transaction includes over 120,000 hectares of timberlands in north-eastern and north central Uruguay, as well as a plywood and veneer manufacturing facility,[…]

Increasing lumber exports leads to new technology investment – Signs are good right now for the country’s wood processing industry. Shipments from New Zealand into the US market have in fact gone up 37% over just the past four years and during the first five months of 2017. The US has now overtaken Australia as[…]

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[…]

At its small-diameter timber sawmill in Orrefors, Sweden, Södra is investing about SEK 35 million ($4.1 million) in a new boiler and drying facility, which will enable production increases in the future. The supplier is Fröseke Industriservice AB. “This investment is necessary for profitability. Currently, there is insufficient boiler capacity, which means we must sell[…]