Sizeable jump in harvested timber stats
07 December 2017
Finland’s harvested timber volume was 16% up over the 10-year October average, according to the Natural Resources Institute Finland (Luke) in its monthly statistics report. Source: IHB Out of the total harvested Finnish roundwood volume, sawlogs accounted for 2.9 million m³ and
Continue Reading →Innovation House 2.0 for Townsville
07 December 2017
Innovation House 2.0 in Townsville is a smart home in the making. It sets out to challenge the ‘how it’s always been done’ mindset by presenting future home owners with better solutions. Source: Timberbiz They relate to smart technology, design, health, products, ene
Continue Reading →Super union merger
07 December 2017
The Fair Work Commission will conduct a hearing in early February to decide if the national construction and maritime unions can merge, giving the federal government little time to block the new super union. Source: The Sydney Morning Herald Fair Work Commission deputy president Val G
Continue Reading →OneFortyOne to acquire Nelson Forests
07 December 2017
Australian forestry company, OneFortyOne Plantations (OFO) has confirmed that it has signed an agreement to acquire one of New Zealand’s leading forestry businesses, Nelson Forests. Source: Timberbiz Commenting on the proposed acquisition, OneFortyOne Plantation’s Chief Executive Offi
Continue Reading →Mitsui buys Kangaroo Island woodchips
07 December 2017
Kangaroo Island Plantation Timbers (KIPT) has signed a woodchip sale and purchase agreement with international commodities trader Mitsui. Source: Timberbiz This five-year agreement establishes key terms under which the bluegum timber resource on Kangaroo Island will be monetised. An a
Continue Reading →Pulp and Paper Manufacturing Safety Compliance Project
07 December 2017
Skills Impact has advised of a project that will review units of competency from the PPM Pulp and Paper Manufacturing Training Package with regard to occupational health and safety, so they reflect current industry skills standards and practices and all job functions are accurately de
Continue Reading →Global Forest and Paper Industry reports on Sustainability Progress
07 December 2017
The International Council of Forest and Paper Associations’ (ICFPA) has launched its 2017 sustainablity Progress Report. It is the sixth biennial Report highlighting ICFPA members’ progress on the sustainability commitments agreed upon in the 2006 CEO Leadership Statement on Sustainab
Continue Reading →Robots could soon take over dangerous forestry jobs
07 December 2017
Some of the most dangerous and labour intensive jobs in the primary sector could soon be done by robots. Source: RNZ Researchers from Lincoln Agritech, Scion, and several universities around the country are working to develop robots that can be trained to work alongside people in the
Continue Reading →Record low rates to continue into 2018
07 December 2017
Australia will kick off 2018 with ultra-low interest rates following this week’s decision from the RBA. Source: Timberbiz “The RBA’s official cash rate has been held at 1.50 per cent since August 2016. We are close to marking the longest ever period without a change in interest
Continue Reading →Kangaroo Island Plantation issues 10 milllion shares
07 December 2017
Kangaroo Island Plantation Timbers (KIPT) has completed a successful $20 million placement with institutional investors, issuing 10 million shares at $2. Source: Timberbiz The funds raised will be used for working capital; increased contingency; the cost of building the initial timber
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