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

OSB trade ‘does not reflect reality’ – builder

Australia’s reported imports of Oriented Strand Board (OSB) are lower than the reality despite rising more than 50% over the last year, according to a major builder. Source: IndustryEdge for Timberbiz Imports of OSB totalled 52,486m3, up 53.8% for the year to the end of March, compare
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Green group still owes VicForests more than $1 million

Green group My Environment still owes VicForests more than $1 million from a Supreme Court case, as the state government’s timber corporation has given up trying to obtain the money. By Philip Hopkins for Timberbiz The situation has been condemned by the State Opposition, which said t
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Raids on Austrian company for illegal timber

Prosecutors from the Romanian Directorate for Combatting Organized Crime and Terrorism (DIICOT) raided Austrian group Schweighofer Holzindustrie’s factories in Radauti and Sebes. Sources: Romania Insider, Timberbiz The prosecutors are investigating illegal timber transactions which da
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Huge Texas timberland sale worth $1.4b

A huge chunk of East Texas is changing hands in one of the largest such transactions in a decade. Source: Dallas News CatchMark Timber Trust has agreed to pay almost US$1.4 billion for the 1.1 million acres of timberland. Law firm Greenberg Traurig LLP assisted with the transaction, w
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Vietnam increases furniture exports but materials shortage looms

A report from the General Department of Customs (GDC) in Vietnam showed that export turnover of all woodwork items in the first four months of the year increased significantly. Source: Vietnamnet Vietnam exported US$680 million worth of products in April and US$2.6 billion in the firs
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Forest Centre auto-tensioners for forestry

Forest Centre is the supplier of Swedish made ExTe load binding products such as the TU Tensioner and has been since 1992. The company has amassed a great deal of local load expertise during that time. Source: Timberbiz Logging and timber haulage customers have been using the ExTe aut
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Casting a new light on wooden splints

A biodegradable material for casts and splints is having its debut trial in New Zealand. Source: Stuff NZ A compostable cast is set to break the mould on its debut trial in New Zealand. Made from sustainable wood chips and biodegradable plastic, Woodcast is a mouldable material for ca
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Kuru two time winner at NZ Forestry Awards 2018

The 2018 Eastland Wood Council Forestry Awards were a record-breaker across the board, and fittingly produced the first two-time supreme winner. Source: Timberbiz Ricky Kuru from Kuru Contracting was toasted by more than 500 guests at the awards dinner as the Eastland Wood Council Ski
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