Shares in Kangaroo Island Plantation Timbers dropped by 53% on Tuesday after its voluntary suspension of trading was lifted. Source: Timberbiz KIPT suspended trade in January while the company assessed the damage from the bushfires which burnt in excess of 90 per cent of its assets va
At the time of writing IndustryEdge was not aware of any significant import supply disruptions in the paper and paperboard sector in Australia. The focus is on imports of Printing & Communication papers and the trade in Packaging & Industrial grades. Source: IndustryEdge The c
Due to the closure of suppliers of critical components, Komatsu Forest will temporarily shut down its production of forest machinery at its factory in Umeå. On 26 March, the company agreed with IF Metall on short-term work from 13 April through 21 June for employees in production. Sou
The peak associations representing Victoria’s sustainable native timber industries have cautiously welcomed today’s announcement of the Regional Forest Agreements extension, but still believe considerable uncertainty surrounds the Andrews Government’s plan to close down the industry b
The UK Government announcement that it was time to work from home wherever possible, and to close all non-essential businesses which according to the Timber Trade Federation (TTF) started the confusion, as “hardware” stores – including timber and builders’ merchants – were exempt from
A resurgence in illegal logging in Indonesia may be on the cards after the government declared that wood exports would no longer have to comply with a stringent legality check that took a decade to put in place. Sources: Timberbiz, Mongabay, Reuters Under the new regulation issued by
To support certified entities and certification bodies during the COVID-19 challenge, Programme for the Endorsement of Forest Certification (PEFC) has extended the transition period for its three revised international standards by six months. Source: Timberbiz This extension applies t
The New Zealand side of the OneFortyOne (OFO) business is arguably experiencing a bigger change than other areas as it transitions from the well-known regional brand of Nelson Forests to OneFortyOne New Zealand as part of the company-wide rebranding project. Source: Timberbiz Environm
The Forest Owners Association is backing the government’s strategy to combat COVID-19 as just about all parts of the forest industry are now in shut-down. President Phil Taylor says the FOA appreciates the government’s difficulties in working in great haste to protect people against t
Camping and picnic areas in NSW State forests have been temporarily closed from midday Friday 27 March 2020 until further notice as part of the public health precaution. Forestry Corporation’s Tourism and Partnerships Manager, Louise Faulkner said this move followed the Government dir