News archive

Global Sawlog Price reaches a two-year low

global sawlog, second quarter results

GLOBAL SAWLOG MARKET The Global Sawlog Price Index (GSPI) fell for the fifth consecutive quarter in the 2Q/19, reaching a two-year low. Log prices were down on all continents, with the biggest declines occurring in Europe. In the 2Q/19, the European Sawlog Price Index (ESPI)fell to a nine-year low, reports the Wood Resource Quarterly. In Euro …

Australia must have safe, compliant buildings

Australia, building, architecture

The Australian public must be protected through safe, compliant buildings and that will only be achieved through buy-in by everyone involved in the building and construction industry and with everyone being accountable for their own work, a NSW upper house inquiry has been told. The inquiry into the regulation of building standards, quality and …

Claymark to sell to NZ Future Forests Products

Claymark, New Zealand, USA, timber, acquisition

NZ Future Forests Products Ltd (NZFFP) has entered an agreement to acquire the Claymark Group including all the operations in New Zealand and the United States. The company says that this transaction is the start of a new and exciting chapter for Claymark. Mark Clayton has led Claymark for 30 years and transformed the company into a global leader …

Palmako launches new €12m glulam line in Estonia

Palmako, Estonia, glulam, laminated timber

Estonian laminated timber specialist Palmako AS has introduced what it calls the most modern glulam production line in the country. The company, whose business includes timber frame homes, log cabins, glulam and machine rounded timber, said the €12 million (SGD $18 million) investment at the Kavatsu factory makes production more efficient, …

South West pine plantations contribute $1014 million to economy

Australia, forestry

More than 3000 hectares of pine seedlings have been planted across Forestry Corporation of NSW plantations in the South West Slopes during the annual winter planting programme. Forestry Corporation’s Operations Scheduler Teresa Baker said around 100 contract staff had been brought on board for planting season, which runs from June to …

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