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

Metsa launches Metsa Spring to develop new bioproducts

Metsä Group has established a new innovation company, Metsä Spring Ltd. The company will, together with partner organisations, invest in new endeavours with the target to identify and develop new business opportunities in sustainable forest-based bioeconomy and circular economy. Sourc
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More workers needed in Northland NZ

Northland needs at least 74 new forestry workers to replace those retiring or changing jobs in one of the fastest growing sectors in the region, an industry trainer says. Source: New Zealand Herald Competenz chief executive Fiona Kingsford said demand for forestry workers this year al
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NZ iwi forced to keep growing pine forests

A Nelson-based iwi says it has to keep growing pine forests in the Maitai Valley near Nelson, even though it wants some of the land for other things. Source: Radio New Zealand Ngāti Koata said a recent decision by the Nelson City Council to cut some of its forestry operations has high
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Stihl crowns Aussie timber sport rookie

Tasmanian woodchopper Daniel Gurr has been crowned rookie Stihl world timber sport champion after smashing the underhand final round to win by just three-tenths of a second in Marseille, France recently. Source: The Australian The 21-year-old from Deloraine said he wasn’t looking at h
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Queensland forest industry to contribute to Land Restoration Fund 

The Queensland forest industry is looking forward to the opportunity for forestry activities to play a role in the development of the Queensland Government’s $500 million Land Restoration Fund. Source: Timberbiz Timber Queensland Chief Executive Mick Stephens said the industry is exci
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OFO to commence work on new $14m project

OneFortyOne (OFO) has announced that the Wood Products team has been given approval to commence work on a new capital expenditure project worth approximately $14 million for the Jubilee Highway Sawmill. Source: Timberbiz The project will see the construction and commissioning of an ad
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Hardwood chip shipments to China down 1.4%

Hardwood chip deliveries to China rose to 345,856 bdmt in March 2018, a solid rise of close to 31% on the prior month, while deliveries into Japan fell 10.3% to 184,650 bdmt for the month. Source: IndustryEdge for Timberbiz But monthly data is inevitably very patchy – a single vessel
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Forestry stats look good for Australia

Australia’s total sawlog harvest has reached a record high of 33.1 million cubic metres, a rise of 10%, with gross value also a record $2.6 billion, up 13%, latest figures show. Source: Philip Hopkins for Timberbiz Exports also increased by 11% to $3.5 billion, driven by woodchips, ac
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Bill Gates invests $14m in biomass

Biofuels and bioenergy have now become an essential component in the world’s renewable energy mix. Source: Forbes Last month, French multinational energy company, Total and Bill Gates invested $14 million in a new biomass conversion technology from clean tech start up Renmatix.
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