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

Craftsmen lament Tasmanian peace deal

Craftsmen from Tasmania's speciality timbers industry say the forest peace deal announcement could be the death knell for their sector. They say an artificial and inadequate ceiling on timber production is not backed by research and $70 million's worth of economic activity and more th
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Greens attack Planet Ark

ABC1's 7.30 Report has revealed the harsh line the Greens party is taking unless groups that claim to advance environmental interests support its positions. Source: The Australian
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Pacific Island loans financing illegal tree felling

According to the Sydney Morning Herald, Australia’s Westpac Bank is financing some of the Pacific's most unsustainable and destructive logging operations and has provided loans to companies in the Solomon Islands linked to illegal tree felling. Sources: Brisbane Times, Sydney Morning
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Nanoscience to benefit wood adhesives

Research to improve wood adhesives through the use of nanotechnology earned Dr Joseph Jakes a Presidential Early Career Award for Scientists and Engineers (PECASE). Jakes is a research materials engineer and his exploration of wood at the nanoscale has resulted in the development of
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PNG logging report damning

Papua New Guinea's new government has been handed a report into an alleged giveaway of the country's tropical forests. The present caretaker prime minister, Mr Peter O'Neill, initiated a commission of inquiry into controversial forestry concessions granted over the previous decade whe
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Tours above and below NZ virgin forests

A New Zealand-first zipline canopy tour through virgin native forest will open for business on the Mamaku Plateau near Rotorua. Rotorua Canopy Tours will take visitors deep into the New Zealand bush on an incredible journey from forest floor to canopy via a network of walking trails,
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Harvard rewarded by NZ forests

Harvard University is reaping the rewards of investing in plantation forests in New Zealand when forestry investments were unfashionable. At a CNBC Delivering Alpha Conference Jane Mendillo, chief executive of Harvard Management Company, said she really liked natural resources, and in
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Frame & Truss Award for Pryda

Pryda has won the 2012 Frame & Truss Manufacturers Association (FTMA) Supplier of the Year award. Source: Timberbiz
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Gunns blazing with sales of Green Triangle

Gunns is raising $64 million through the sale of part of its stake in a plantation forest investment trust. The company has told the Stock Exchange it will sell 58 per cent of its stake in the Green Triangle Forest Trust, which owns plantations in Victoria and South Australia. Sources
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