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

Hyne launches community video to mark 140 years

This year is Hyne Timber’s 140th year, marking a time to reflect on the 140 years of supporting the communities in which it operates. In recognition of the great work of its community partners, the company has launched its first community video featuring the teams at Hervey Bay Volunt
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New Forest Tropical Asia Forest Fund has $160m capital

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced the first close of its Tropical Asia Forest Fund 2 (TAFF2) with US$120 million (Aus$160M) of capital commitments. Source: Timberbiz Investors in the first close include s
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OFO releases its annual review to celebrate International Day of Forests

OneFortyOne has released its Annual Review 2021 in celebration of Monday’s International Day of Forests. Chief Executive Officer Andy Giles Knopp said that 2021 was a focussed year for the company. Source: Timberbiz “Our 2021 Annual Review is a comprehensive overview from across
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Farmers to treat revenue from carbon credits as primary production income

The Federal Government will apply concessional tax treatment to the sale of Australian Carbon Credit Units generated by farmers from on-farm carbon projects including plantation forestry. Source: Timberbiz Under the new tax regime, farmers will treat revenue from the sale of ACCUs as
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The future is hybrid – two ARC grants for visionary Valipour

UNSW’s Centre for Infrastructure Engineering and Safety Associate Professor Hamid Valipour has long been a man on a mission- a mission to reduce the construction industry’s currently massive carbon footprint. His work over the last ten years has focused on the development of inn
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Marubeni leans on Nippon Paper for forest growing tech in Indonesia

Marubeni Corporation and Nippon Paper Industries have concluded a Strategic Partnership Agreement aiming to increase forest growing stock through technical guidance from Nippon Paper Industries, at a plantation company in the Republic of Indonesia. Source: Timberbiz Under the terms of
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Waratah to offer Moipu products in Europe and Asia-Pacific

Waratah and Moisio Forest Oy, a Finland-based forest machine attachment and accessory manufacturer, have signed a co-operation agreement for sales, marketing and distribution of Moipu branded products. Source: Timberbiz Waratah will begin marketing and selling the well-known Moipu ene
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FSC issues new Advice Notes for Russian timber

On 10 March 2022, FSC issued a series of normative instruments to implement measures related to FSC certificates in Russia and Belarus to disable sourcing material from these countries. To further support measures issued and queries around them, FSC has published two additional Advice
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