Western Australia’s Forest Management Plan 2024–33 will be bolstered with a $67.2 million (AUD) investment over the next four years.
News in international markets
Russia’s Invasion of Ukraine Has Destroyed 60,000 Hectares of Forests So Far
According to an investigation by NGL Media, Russia’s war against Ukraine has destroyed more than 60,000 hectares of forests amounting to US$360 million, The Kyiv Independent reported.
UK Imports of Softwood and Plywood Decline in January
Timber import volumes in the UK started 2024 down 6%, or about 45,000 m3, year-over-year, Timber Development UK reported.
US Wood Pellet Exports Decline Month-Over-Month but Increase Year-Over-Year in February
The US exported 696,692.9 metric tons of wood pellets in February, down from 742,824.6 metric tons in January, Biomass Magazine and the USDA reported.
China’s Real Estate Troubles Likely Far From Over, Global Investment Firm KKR Says
China’s real estate troubles are likely far from over, according to a report by KKR featured by CNBC.
Stora Enso Restarts Varkaus and Oulu Pulp and Paper Mills After Finnish Logistics Sector Strike is Suspended
Stora Enso confirmed to EUWID Pulp and Paper that it had restarted its Varkaus mill earlier this week. The mill was idled due to the strikes in the Finnish logistics sector.
New Construction Images Shared of World Expo 2025 Osaka, Kansai’s Massive Timber Structure
Sou Fujimoto Architects has shared new images of the forthcoming World Expo 2025 Osaka, Kansai’s circular wooden container structure, according to a profile by Archinect.
Brazilian Exports of Wood-Based Products Increase Year-Over-Year in February
Brazilian exports of wood-based products (except pulp and paper) increased 16.0% year-over-year in value in February, the ITTO reported.
Setra Doubles CLT Capacity in Långshyttan, Sweden
Setra is inaugurating a new processing machine for cross-laminated timber, doubling the capacity of its CLT factory in Långshyttan.
Belarus Circumventing EU Sanctions by Exporting Timber Though Poland Using False Documentation
An investigation published by Notes from Poland shows Belarus is circumventing EU sanctions by exporting timber into the bloc through Poland using false documentation suggesting it is from Kazakhstan.