Sustainable forestry and asset management company Forico has launched its third Natural Capital Report, continuing to set benchmarks globally for business seeking to integrate sustainability into its financial decision making. Source: Timberbiz The third of its kind to be released by
Courtney Houssos has been named New South Wales’ new Minister for Finance and Natural Resources, which includes responsibility for forest industries. It follows the ALP’s win in the State election on 25 March. Source: Timberbiz Ms Houssos has been a Labor member of the NSW
Caterpillar’s new VisionLink provides an integrated full-fleet management solution for asset tracking to maximize machine uptime and optimize utilization. The platform’s refreshed intuitive interface helps customers efficiently manage their entire fleet, regardless of manufacturer. Im
UPM has sold all its business operations in Russia to Gungnir Wooden Products Trading and has completed withdrawal of its businesses from Russia by selling all its Russian operations. Source: Timberbiz The sale included the Chudovo plywood mill to Gungnir Wooden Products Trading. The
Modvion and RWE Renewables Sweden AB are entering a partnership to supply wooden towers to RWE’s future onshore wind farms. The goal with the partnership is to verify the wooden tower technology and prepare for RWE to equip future wind farms with wooden towers, once the towers are ava
The outgoing President of the Farm Forestry Association says it has been vital for farm foresters to directly address the ministerial inquiry into forestry and other land use in Tairāwhiti. Source: Timberbiz Graham West has told the New Zealand Farm Forestry Association annual confere
Eastland Wood Council (EWC) met with the panel charged with reviewing land-use practises, inviting panel members to travel through forests in Tairāwhiti to see some of the impacts of recent cyclones, and to see changes that have been made to forestry practises and catchment management
The passage of changes to the Safeguard Mechanism in the Parliament this week presents an opportunity for the Albanese Government to boost the role of new timber trees in the carbon offset market to help Australia achieve Net Zero by 2050, according to Chief Executive Officer of the A
The million-dollar small log line at Radial Timber at Yarram in South Gippsland, which can create engineered timber and promises to usher in a new era for timber processing, is not operating. It has no wood. Source: Philip Hopkins, Gippsland Times Radial, which has been planting its o
Amid a difficult economic climate, the building and construction industry welcomes the Reserve Bank of Australia’s decision to pause interest rates yesterday, says Master Builders Australia CEO Denita Wawn. Source: Timberbiz “Interest rate rises coupled with rising inflation have forc