Global investment manager New Forests has been sold to Mitsui & Co. Ltd and Nomura Holdings Inc. The agreement, which is subject to regulatory approval and expected to be completed by December 2022, will see Mitsui become a 49% shareholder and Nomura a 41% shareholder, with the re
Forestry Australia has released results of its latest member audit, which show a happy and growing membership base. The organisation has experienced an unprecedented 19% increase in membership since 2020, with member satisfaction also significantly increasing. Source: Timberbiz The au
The appointment of Ben Hubbard as the new chairman of VicForests has been attacked by the Nationals in Victoria as a “sneaky move to parachute another Labor mate into an executive role”. Source: Timberbiz Mr Hubbard will take on the roles of director and chairman of the VicForests boa
The Australian Forest Products Association has congratulated the incoming Albanese Labor Government and signalled its determination to assist Labor meet timber production targets and more ambitious climate goals. Source: Timberbiz Anthony Albanese was sworn in as Australia’s 31st prim
The Nokian Ground King Intuitu smart tyres combine the revolutionary Hybrilug tread pattern technology and wireless connectivity with a design that is functional, distinctive and aesthetic to perfection. This has proven to be the winning combination, earning its design team the presti
The European Confederation of the Woodworking Industries is celebrating its 70th anniversary this year. CEI-Bois has much to celebrate and is keen to focus on the future, especially on an increased use of sustainable timber to help decarbonise the built environment. Source: Timberbiz
A biorefinery jointly owned by SCA and Finland’s St1 is to start production of fossil-free biofuel for domestic aviation in 2023. The new plant will produce renewable diesel (HVO) and fossil-free aviation fuel among other products. Source: Timberbiz “The forestry industry is key to a
Gottstein Trust flagship grants program applicants have until 3 June to get their applications in. These opportunities are open to absolutely anyone – an in-field machinery operator, nursery worker, mill worker, TAFE student, haulage operator, PhD researcher, architect, engineer, si
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