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Latest timber industry news, updated on Monday, Wednesday and Friday.

A master stroke to save Masters

It could be the DIY masterstroke that finally provides some decent competition to home improvement powerhouse Bunnings and salvages the failed Masters chain to boot according to DGC Advisory. Source: news.com.au But what is really galling for Masters’ embattled owner Woolworths, which
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Bioenergy Brisbane breakfast

Bioenergy Australia is holding a Brisbane Bioenergy Business Breakfast where they will present a session focussing on growing biofuels in Queensland. Source: Timberbiz The line up offers updates from the Queensland Government, Queensland University of Technology (QUT), Ecotech Biodies
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Canada has top international reputation

On International Days of Forests, the Forest Products Association of Canada (FPAC) said that as a supplier of forest products, Canada was number one in the world in terms of environmental practices and reputation among international customers. Source: Sys-Con Media A study undertaken
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China’s forests on the come back trail

A new report from Michigan State University (MSU) is praising China’s efforts to roll back decades of deforestation and habitat destruction, noting that there are major implications for global climate change and local biodiversity. Source: Gizmodo During China’s Great Leap Forward of
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Morbark acquired by Stellex Capital Management

Private equity manager Stellex Capital Management has acquired Morbark. The acquisition is focused on providing growth capital and resources to significantly expand the company in the future. Source: Timberbiz Morbark builds equipment for the forestry, recycling, sawmill, biomass and
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Waikato companies fined for poor practices

Two related Waikato companies have been fined a total of NZ $64,525 following a poorly executed forestry harvesting operation near the Waitomo Caves. Source: Forestry Expo Co NZ The charges which Corboy Forest Management Limited and Corboy Earthworks Limited were convicted of recently
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Herbicide safety questioned

During the 1970s Tordon 50D was used as a chemical herbicide to kill trees now a forestry worker is questioning its safety. Source: The Weekly Times It was called the Forests Commission when Graeme Hughes started working in the public service in 1967. By the time he retired in 2000, i
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Tropical Forestry Services opens $3.5m nursery

The world’s largest Indian sandalwood grower, Tropical Forestry Services (TFS), has opened a $3.5 million nursery in Katherine. Source: ABC Rural At a little over one hectare in size, TFS claims it is the biggest of its type in Australia, with the capacity to hold about 1 millio
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PEFC endorsement only a first step for NZ

According to Ben Gunneberg CEO of PEFC International achieving PeFC endorsement was only the first step, now the work begins to run the system. Source: Forestry Expo Co NZ “The real work begins now,” Mr Gunneberg said at an event for the New Zealand Institute of Forestry (NZIF). “Achi
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