WoodTECH Update – Issue 9

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Welcome to the latest update for Australasia’s sawmilling and wood manufacturing community.

Numbers of subscribers to this newsletter have really continued to grow over the last month or so – particularly after the turnout and interest generated from the WoodTECH 2018 series that ran in September. Thanks for your support and vote of confidence.

If you have staff or workers who aren’t yet registered to receive the monthly update, feel free to pass this on. They can subscribe (it’s free) directly using the webpage: www.woodtech.news. In this issue a number of key announcements have been made on wood products activities in this region.

A major launch was made in Wellington, New Zealand on 5 November. A new four-year, NZ$5 million programme being led by Red Stag Investments is underway with its objective, to encourage mid-rise building construction using New Zealand engineered and panelised framing timber. The country has lagged behind efforts already made in this space by Australia, North America and the U.K. The economic benefits, if successful, are expected to be substantial. For local wood producers, a significant rise in the demand for engineered wood and associated wood products for use in building is anticipated.

Other news on recent ownership, personnel changes and investment announcements around Australasia include; final confirmation on the purchase by AKD of CHH’s New South Wales sawmilling business (the Tumut sawmill, Gilmore treatment facility, a 50% interest in the Highland Pine Products (HPP) joint venture in Oberon and a distribution centre in Berkeley Vale.), approval for a major Chinese wood panel manufacturer to set up a new particle board operation (600,000 cubic metres of panel board a year) in Kawerau, New Zealand and some recent changes to senior management of Timberlink.

That’s it for this month. Enjoy this issue. Remember, if you have any contributions for future stories, if you have a lead that we can follow up or any recommendations on improvements to the coverage we’re currently supplying, please let us know by emailing brent.apthorp@fiea.org.nz.

Stories this issue:

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