Kangaroo Island Plantation Timbers Ltd. (KPT) has advised the three levels of government of its intention to harvest fire-damaged plantations on Kangaroo Island. In order to recover the higher value logs salvage harvesting will being in the area of fire-damaged pine logs.
News in international markets
Newest Ukrainian Sawmill Struggles to get Delivery of Previously Purchased Logs
The newest Ukrainian sawmill, which opened at the end of 2017, is now on the brink of survival.
Reuter Poll Suggests 2021 has the Potential of Being a Difficult Year for the Global Housing Markets
A recent Reuters poll conducted between September 15th – 29th, disclosed that most major housing markets around the world will not be able to keep up with consumer price inflation in 2021. As a result, they are faced with multiple downside risks, in spite of rising strongly this year amid the COVID-19 pandemic and historically low interest rates.
Russian President Putin Instructs Government to Stop the Uncontrolled Export of Unprocessed Timber
Russian President Vladimir Putin on Wednesday (9/30) instructed the government to stop the uncontrolled export of untreated timber following a meeting on the development and decriminalization of the timber industry.
Best Wood Schneider GmbH Releases Details on High-Tech Sawmill in Meßkirch
Best Wood Schneider GmbH with production site in southern Germany has released more details on their plans to build a state of the art, Euro 80 million sawmill in Meßkirch. The new mill will produce up to 200,000 m3 of lumber and 100,000 m3 of CLT per year.
South Korea’s Trade Commission Finalizes 10.65% Duties on Imported Plywood Products from Vietnam
Following a nine-month probe, South Korea’s Trade Commission has called for anti-dumping duties of 10.65% for five years against Vietnamese plywood products for causing damage to South Korean producers.
Japan’s Plywood Imports Declined Steadily in First Half of 2020
As reported by the International Tropical Timber Organization (ITTO), Japan’s plywood imports for the first half of 2020 have steadily declined.
New Zealand Offers Financial Support to Regional Four Bay of Plenty Timber Businesses
New Zealand’s Regional Economic Development Minster Shane Jones has announced that the Four Bay of Plenty timber businesses will be receiving investments totaling nearly $ 22 million through the Provincial Growth Fund.
‘Wood CO2ts less’ Campaign Underway in the U.K., to Increase Awareness of Woods Ability to Reduce Carbon Emissions
In the U.K., a campaign is underway to increase the awareness of how using wood from sustainably managed forests can help reduce carbon emissions. The campaign members say that using wood boosts the green credentials of builders and developers.
Malaysian Plywood Manufacturers Dealing with Multiple Competitive Issues
Malaysian plywood manufacturers are dealing with weak export demand, softening prices and reduced purchases from their largest trading partner, Japan, who is purchasing more panels from Indonesia, as well as having increased internal production.