New Home Sales increased in February to be 1.7 per cent higher than February last year, prior to the impact of COVID restrictions on new home sales. Source: Timberbiz The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a
Visy’s Michael Darveniza and UTAS PhD researcher Michelle Balasso have been nominated for global Blue Sky Young Researchers Innovation Award. Source: Timberbiz They are two of 21 candidates from nine countries who are contestants for the awards. Launched in 2016, the awards are
X-Frame Australia Pty Ltd has successfully completed raising its maiden capital of $485,000 via the Innovyz Circular Economy investors. This raise will enable the company to capitalise on strong client interest and opportunities. Source: Timberbiz X-Frame was developed by Ged Finch at
Australia is bracing for a drawn-out disruption to its A$1.6 billion annual timber trade with China after requests to Beijing’s customs officials to resume the log exports were ignored, two sources told Reuters. Sources: Reuters, Timberbiz, Nasdaq The four-million-tonne log timb
The expansion at Neville Smith Forest Products which is due to begin from 1 July 2021 will add 30 new full time jobs and allow the company to start a second shift. Source: Timberbiz Andrew Walker Neville Smith Forest Products CEO said it planned to start the second shift at its Huon V
The world’s largest Indian sandalwood producer has struck a deal that will see Santalum album exported from Western Australia’s Ord Valley and developed into new products for the booming Chinese traditional medicine market. Source: ABC Rural Quintis signed a memorandum of
There was been a significant growth in exports of US hardwood lumber to Australia in 2020. The increase in volume of hardwood lumber totalled 11% YOY. The most popular species, American white oak, saw a 3% increase to 17,035 cubic metres but American red oak figures reveal a remarkabl
The Institute of Foresters of Australia and Australian Forest Growers has told the Inquiry into Ecosystem Decline in Victoria that only active and adaptive land management supported by collective community action can address ecosystem decline directly and effectively. Source: Timberbi
The forest products industry has never been too far from the headlines during the Covid-19 pandemic. Whether it be the pulp and paper sector, top-of-mind during the run-on toilet paper, or more recently the surge in demand for sawn wood and panels for housing we are amid a shortage in
Responsible Wood will present at a New Zealand Green Building Council webinar series, on 10 March 2021. The webinar titled Sustainably Sourced Engineered Wood for a Low Carbon Future will hear from panel of experts discussing the Program for the Endorsement of Forest Certification (PE