Innovative Finnish technology that makes wood waterproof and usable in bathrooms has won forestry giant Metsa Group as an investor. Metsa’s venture capital arm, Metsa Spring, has invested Euro 4 million in Finnish company Woodio Ltd, a leading developer of waterproof wood composite pr
The balsa export industry in the East New Britain Province (ENB) of Papua New Guinea (PNG) is big business. Despite this, it faces major challenges with productivity and sustainability, market access and product development. Australian researchers have taken initial steps to work with
A big deficit in the supply of hardwood woodchips is expected in the Asia-Pacific in the next three-to-five years, with demand in China, already the world’s biggest importer, expected to continue growing, according to Australian forestry giant Midway Group. Source: Philip Hopkins for
The UK’s Serious Fraud Office (SFO) has charged a second individual in relation to its five-year probe into what was billed as an ethical forestry investment scheme, one of two schemes estimated to have lost victims around £20m. Sources: Financial Times, International Advisor Omari Bo
Colourful, shimmering sequins made from wood-derived cellulose and a modular self-build system which allows you to build your own home from pre-cut plywood modules are just two of the outstanding entries shortlisted for this year’s TTJ Timber Innovation Award shortlist in the UK. Sour
John Deere has introduced its Intelligent Boom Control (IBC) for the 1470G Harvester, which is the largest harvester model available in the John Deere line-up. The IBC technology, first introduced to the harvester category by John Deere in 2018, increases precision and accuracy during
Stora Enso has signed an agreement to divest its 60% equity stake in the Dawang Mill in China, to its joint venture partner, Shandong Huatai Paper. The joint venture, Stora Enso Huatai (Shandong) Paper Company Limited operated the Dawang paper mill at Dongying in the Shandong province
On 23 July, the European Commission (EC) adopted the Communication on Stepping up EU Action to Protect and Restore the World’s Forests. It’s a new ambitious European approach in response to the continued widespread destruction of the world’s forests. Source: Timberbiz An a
The American Hardwood Export Council (AHEC) has been promoting American hardwood for more than 20 years and regularly supports international projects with renowned designers and architects. The effects of their work can be seen, among others at the London Design Festival, the Interzum
Australian Forest Products Association CEO Ross Hampton has been appointed as Vice-Chair of the United Nations Food and Agriculture Organization Advisory Committee on Sustainable Forest-based Industries. Source: Timberbiz “It’s a great honour to be appointed as Vice-Chair of the FAO s