Eye way up in the sky is watching Indonesia
09 May 2018
Astrosat, Scotland’s space and technology services company has a new partnership to support the Sumatra Merang Peatland Project (SMPP), a forest conservation and biodiversity protection initiative in South Sumatra, Indonesia. Source: Timberbiz Leveraging its access to data from some o
Continue Reading →US devotes $78m to bioenergy
08 May 2018
US Secretary of Energy Rick Perry announced four funding opportunities totaling up to US$78 million to support early-stage bioenergy research and development under the Office of Energy Efficiency and Renewable Energy’s Bioenergy Technologies Office. Sources: Timberbiz and Energy Live
Continue Reading →Gresham’s laws of forestry investment
08 May 2018
Gresham’s law states that bad money drives good money out of the market. That is, we hoard the good stuff, trusting it to hold its value, while offloading the dross. That resonates with Tony Dalwood as boss of Gresham House, the Aim-quoted alternative investment company. Source: Finan
Continue Reading →Indonesian plywood prices climb
08 May 2018
Export prices of Indonesian plywood continue to climb with no sign of slowing down. Source: Timberbiz In particular, thin panel of 2.5mm prices shot up to about US$1,000 per cbm C&F, the highest on record. Weather in Indonesia is much worse than Malaysia and with tightening contro
Continue Reading →Trains hamper Canada’s ability to supply forest products
02 May 2018
Canada’s strained rail network is damaging Alberta’s forest industry according to Paul Whittaker, president and CEO of the Albert Forest Products Association in an article he wrote for CBC News. Source: CBC News After a winter of delayed shipments, high storage and truckin
Continue Reading →US softwood demand will continue up
02 May 2018
US softwood lumber demand is expected to continue its upward trajectory from the lows of the global financial crisis of 2008-2009, reaching an all-time high by mid 2020s, according to a newly released US Lumber Outlook Study by ForestEdge LLC and Wood Resources International LLC (USLO
Continue Reading →Open door to booming business
02 May 2018
The exhibition pairing of HOLZ-HANDWERK (the industry meeting for the wood processing sector) and FENSTERBAU FRONTALE (the international Trade Show. Window. Door. Facade) achieved record numbers for visitors and countries of origin this year. Source: Timberbiz There was a combined tot
Continue Reading →Timber Industry Brexit Forum
01 May 2018
The timber industry sees a copy of checks on the Canadian-US and Norwegian-Swedish borders as part of preparations for a possible hard Brexit to minimise its impact on Irish-British and cross-border trade. Source: The Irish Times Concerned that the UK will crash out of the European Un
Continue Reading →Wood moulding and trim demand to grow
01 May 2018
Demand for wood moulding and trim in the US is projected to increase 3.7% annually to $5.5 billion in 2022, the slowest rate of advance of any material type. However, wood will still account for more than half of moulding and trim sales in 2022. Source: Timberbiz Interior moulding is
Continue Reading →Timber production still rising in Finland
01 May 2018
Finnish Pellervo Economic Research Institute (PTT) is expecting the Finnish output of softwood timber to rise by an estimated 4-5 % above the figure for 2017. After the growth of 5 % achieved the year before to 11.94m m³ of softwood timber, the spring forecast published on 12 April pr
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