Australasia's home for timber news and information

Canadian lumber producers expect a record year

The outlook for Canadian lumber producers appears to be more rosy than ever, with the forecast for 2018 housing starts in the US and lumber prices expected to be on the rise yet again. Source: Baystreet With forecasts of nearly 8% growth in housing starts expected in 2018 (on a season
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Wood-based ‘supermaterial’ is stronger and tougher than steel

Stronger than steel, capable of deflecting bullets and lighter than metal alloys – yet this new “supermaterial” is made mostly from wood. Source: Physics World The material was created by Liangbing Hu at the University of Maryland Energy Research Center and colleagues, who
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Canadian take on forestry safety

On 18 October, 2017, a logger was killed in a tragic incident near Mackenzie in northern British Columbia, Canada. The operator was using a feller buncher to cut timber on a slope when the machine tipped over backwards, cutting off his escape route when the machine caught fire. Source
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IKEA buys its first US forest

IKEA Group acquired its first US forest property, covering approximately 25,000 acres in Lowndes County, Alabama. Source: Clean Technica The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly, suc
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New Jersey to house largest timber office in US

Canadian studio Michael Green Architecture has unveiled plans for a massive timber office complex on the waterfront of Newark, New Jersey, which is expected to be the largest of its kind in the USA. Source: Dezeen The design comprises three stepped volumes in rising heights of six, ei
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Obtala closes $7.5m investment round after signing MoU to acquire NSMS

Obtala Limited, the Africa-focused Agriculture and Forestry Group, announced further advancements into the West African forestry market, with the proposed acquisition of Nouvelle Scierie Moderne de Sassandra (NSMS), a forestry production company operating in the Ivory Coast since 1987
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Replanting at 100K an hour

Sure, it’ll be great when a drone can drop off your Amazon Prime goodies or 7-Eleven snacks just minutes after you order them … but it’ll be even better when they help regrow millions of trees. Source: Geek.com That’s what UK-based BioCarbon Engineering has set out to do. The company
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Brazil to host dynamic forestry fair

More than 220 companies are confirmed exhibitors at Expoforest 2018. The fourth edition of the fair takes place in April, in a 200-hectare eucalyptus forest in the Ribeirão Preto area. Source: Timberbiz The Brazilian forestry market is one of the few segments that do not directly refl
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Komatsu to acquire Quadco and Southstar operations

Komatsu president and CEO Tetsuji Ohashi has signed an agreement to acquire from Prenbec Equipment, a company based in Quebec, Canada, the Quadco and Southstar forestry attachment operations. Source: Timberbiz This sale excludes the forestry equipment businesses of Tanguay and Forespr
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Iceland growing new forests for the first time in 1000 years

The landscape of Iceland has changed a lot in a thousand years. When the Vikings first arrived in the ninth century, the land was covered in 25% to 40% forest. Source: National Geographic Within a few centuries, almost all of the island’s trees were slashed and burned to make room for
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