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

Mount Gambier McDonnell timber business sold

The AAM Investment Group has agreed to terms for the purchase of the Mount Gambier-based NF McDonnell & Sons softwood timber processing business, with finalisation of the sale scheduled to be completed before the end of November 2021. Source: Border Watch Established in 1944 by Ne
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VicForests has released the amended Timber Release Plan

VicForests’ Board has approved the amendments to the TRP, in accordance with the requirements of the Sustainable Forests (Timber) Act 2004, and a notice in relation to the amended TRP was published in the Victoria Government Gazette S 506 on Wednesday.   Source: Timberbiz The amendmen
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Friday analysis: push for Cross Benchers to beat the Bill

Thursday’s decision by the State Government in Victoria to delay a vote on radical reforms to Victoria’s forests legislation must only be seen as just that – a delay. But it might just be enough if there are enough delaying tactics deployed. And it seems likely that delaying tactics w
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NSW Gov’t redirects export softwood to domestic market

The domestic softwood timber industry in NSW has received a significant boost with the NSW Government directing Forestry Corporation to divert selected softwood log exports impacted by the China trade embargo, to domestic markets. Source: Timberbiz Deputy Premier and Minister responsi
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Meranti dominates Indonesian log production

Statistics Indonesia (BPS) data shows that the production of logs from companies with forest concession in Indonesia was 5.26 million cubic metres in 2020. This was down around 15% compared with the previous year. Source: Tropical Timber Market Report Meranti dominated the log product
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Metsa to build LVL mill for exports to Europe and Asia

Metsä Group is planning to construct a new LVL mill on its expanding mill area in Äänekoski, Finland. The final decision on the investment, the value of which is approximately EUR200 million, is pending the completion of a local detailed plan for the area. Source: Timberbiz The new Ke
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Ikea’s Ingka Group buys 5500ha of New Zealand

Ingka Group, one of 12 different groups of companies that own Swedish furniture and homewares giant Ikea, has bought a 5500ha sheep and beef station in the Catlins for forestry development. Source: Otago Daily News Following recent approval by the Overseas Investment Office, an area o
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Tas Greens want to abolish sawlog quotas

A move by the Tasmanian Greens to abolish sawlog quotas will simply result in timber being imported from unregulated overseas markets, according to the Tasmanian Forest Products Association. Source: Timberbiz On Wednesday the Greens tabled the Forest Management Amendment (Minimum Sawl
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Wood machining may be declassified as apprentice numbers are too low

Wood machining is at serious risk of being declassified as a trade due a declining number of apprentices over the past decade, according to the managing director of Accurate Australia and New Zealand Craig Honeyman. Source: Timberbiz Mr Honeyman is working to gather data from stakehol
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