Mondi remains profoundly concerned about the war in Ukraine and is shocked by the humanitarian impact. Since the announcement on 10 March, having assessed all options for the Group’s interests in Russia and recognising its corporate values and stakeholder responsibilities, the Board h
A scientific report “Fossil carbon emission substitution and carbon storage effects of wood-based products” has been published by The Finnish Environment Institute (SYKE) and the German Institut für Energie- und Umweltforschung Heidelberg (IFEU). The report focuses on carbon storage i
The global woodchip and biomass trade conference will be held on Singapore in 26-28 October 2022, announced DANA NZ and GINGKO Consulting the event organisers. Source: Timberbiz This is the 10th Woodchip and Biomass Trade Conference organised by Dennis Neilson (DANA NZ) since 2005, an
President Biden recently released his US$5.8 trillion fiscal year 2023 (FY23) budget proposal, which he plans to fund through tax hikes that may impact private forest landowners. Source: Timberbiz The budget proposal relies heavily on an annual 20% tax on taxpayers with income and ass
The Australian Forest Products Association has highlighted the enormous opportunity the global push for more sustainable, low-emission industries is presenting for the world’s forest industries. Source: Timberbiz Speaking at the World Forestry Congress in Seoul co-hosted by the United
A new initiative is offering free bellyboard hire across England, Wales and Northern Ireland to discourage the use of polluting plastic boards. Surf Wood for Good aims to tackle the waste caused by polystyrene bodyboards, which are usually imported and single-use, by lending beachgoer
Tigercat says its new 635H Swing Boom Skidder is the ultimate skidder for extreme terrain and cable assisted logging operations. Source: Timberbiz The capabilities of the six-wheel drive 635H in steep terrain and cable assist applications have been taken to the next level with the int
The war in Ukraine will tighten lumber markets both short and long term, particularly in Europe but also in China and the US. Source: Wood Resources International One immediate impact of the war in Ukraine and the sanctions by Western countries has been a dramatic reduction in exports
Komatsu’s 845-1 forwarder offers an excellent combination of high crane capacity, manoeuvrability and rough terrain capability to maximize productivity. Source: Timberbiz With high productivity for thinning and light clear-cutting, the 12-metric-ton class forwarder offers several fram
According to Ponsse at the beginning of the first quarter, the forest machine market outlook was at a good level. Russia’s invasion of Ukraine led to a deterioration of the situation and subsequent closure of the large forest machine market. In other market areas, the company’s demand