Indonesia and Papua New Guinea are fearful that the proposed law to stop illegally logged timber from being imported into Australia will have a devastating impact on trade. The Australian government has been criticised for not consulting widely enough on the planned changes. Source: A
Tasmania’s State Government has announced plans to carve up Forestry Tasmania following a report found it is one of the state's biggest budget risks. Resources Minister Bryan Green has announced the state-owned company will be split in two with its non-commercial functions transferred
Finlandʼs sawn goods industry is facing increasingly hard times according to the Confederation of Finnish Industries (EK), this means that another recession is close.
The competitiveness of Finnish sawmills has weakened continuously since the beginning of the year and market sh
Sawlog prices trended downward worldwide in past 12 months with the Global Sawlog Price Index (GSPI) falling 11% from the second quarter of 2011 to the second quarter of 2012, according to the Wood Resource Quarterly. The Index is based on sawlog prices in 20 regions around the world.
Canadian lumber producers West Fraser Timber (WFT) and Western Forest Products (WEF) have announced the biggest combined profit since 2006 as mills run at five year highs to feed the US housing rebound and near-record Chinese demand. Source: Bloomberg
New Zealand forest safety standards were attacked by the president of the Council of Trade Unions Helen Kelly but her comparison is “naïve and uninformed” said Forest Owners Association health and safety committee chairman Sheldon Drummond. Source: Gisborne Herald (NZ)
The forest and wood processing industries are moving quickly on a strategy to transform the sector. The Wood Council in New Zealand (Woodco) has just given the go-ahead to a NZ$400,000 ($311,651) research-based initiative that aims to get the highest value out of every cubic metre of
Details of the 10-year draft forest management plan for the future of West Australia’s forests have been released. The draft Forest Management Plan 2014-23 (FMP) was released by the Conservation Commission and will enjoy a 12-week consultation period. Source: Timberbiz