Monthly Archives: May 2012

China ban on US logs ends

The US SC Forestry Commission has said that a ban by China on imported South Carolina and Virginia grown logs is close to ending now that a small delegation of Chinese authorities has visited the areas. Sources: Traditional BreakBulk, The Times and Democrat
Daily Timber News

US timber investments restructured

Historically, timber acreage has appreciated at a rate that outpaces inflation in the US. This has made many who expect a coming bout of inflation to invest in timber acreage. Lately just like most other commodities and natural resources timber prices have come under pressure. Source: Seeking Alpha

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Ta Ann cuts workforce in Malaysia

Timber conglomerate Ta Ann Holdings in Malaysia is expecting its labour cost to drastically increase once the national minimum wage policy is implemented. Source: The Star Online

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International Research Group on Wood Protection outcomes

Jack Norton, president of the International Research Group (IRG) on Wood Protection, spoke at the Wood Preservation 2012 conference on the outcomes of the recent International Research Group meeting in Malaysia held in early May. Source: Timberbiz
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King Billy Pine pipeline finds new homes

A father and son from Hobart are using timber that has been salvaged from a leaky wooden pipeline to build boats. The wood is King Billy Pine, a timber considered even more rare than Huon Pine. Source: ABC News

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Malaysia speeds up forest plantation

Malaysia’s government plans to allocate RM3 billion to expand the country’s forest plantation by up to 375,000ha by 2020 to ensure a sustainable and guaranteed supply of raw materials for wood related industries. Source: The Star Online
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US to LEED changes for timber

US Congressman Glenn Thompson sent a bipartisan letter to US Green Building Council (USGBC) urging changes to the treatment of forest products under the Council’s Leadership in Energy and Environmental Design (LEED) 2012 rating system. Source: North Central PA
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Hawaii Electric Light is bioenergy fuelled

Hawaii Electric Light is to buy Hu Honua Bioenergy. Hu Honua is converting the old Hilo Coast Power Co. facility at the Pepeekeo Sugar Mill into an electric generation facility that will be powered by locally grown biomass such as eucalyptus. Source: Pacific Business News
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Sustainable Bioenergy Day

World Bioenergy 2012 launched Sustainable Bioenergy Day, dedicating 31 May to the development of a sustainable bioenergy market. Source: World Bioenergy Association

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US homes affordable

Nationwide housing affordability hit a new record high in the US for a second consecutive quarter in the first three months of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). Source: Wood & Panel America

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