Feed aggregator
It’s a Wrap for Opal
Great Wrap, a B Corp Certified material science company, has partnered with Opal one of Australia and New Zealand’s leading cardboard packaging and recycling companies, to exclusively offer the only Australian made Compostable Machine Pallet Wrap for businesses of all sizes in Australia and New Zealand, enabling them to divert traditional pallet wrap away from landfills. Source: Timberbiz Great Wrap’s Certified Compostable Machine Pallet Wrap, which is certified by the Australasian Bioplastics Association, is made with compostable biopolymers and plant-based oils, is a packaging solution for businesses that secures pallet loads while minimising supply chain waste. Given Australia generates 2.5 million tonnes of plastic waste annually, there is an urgent need to adopt compostable materials. Opal Packaging Plus, which has been appointed as the exclusive distributor of the Certified Compostable Machine Pallet Wrap, is a business unit of Opal. Great Wrap will add to Opal Packaging Plus’ more than 15,000 product range and is the first compostable stretch wrap it offers. “Our machine pallet wrap stands out because it’s fully compostable, capable of a 250% pre-stretch, operates smoothly on high-speed lines, and maintains high tension for ultimate reliability. Our wrap is denser and stronger than traditional wrap, meaning our customers can reduce their wrap thickness to achieve the same results as they would with traditional wrap,” said Jordy Kay, Co-founder of Great Wrap. The Australian Government has set clear national packaging targets including 100% of packaging to be reusable, recyclable, or compostable by 2025, and 70% of plastic packaging to be recycled or composted by 2025. “Globally, people have been trying to recycle plastic packaging for 50 years, but only 9% of our recycled materials go through the recycling system, showing us the infrastructure isn’t perfect, and emphasising the need to diversify and explore more end-of-life options, such as commercial composting, so we aren’t reliant on one waste stream,” said Julia Kay, Co-founder of Great Wrap. While currently targeting the Australian business landscape, Great Wrap is also working to build a biorefinery that will produce a marine-degradable material called PHA, to continue to change the packaging landscape. Later this year, Great Wrap is also planning to supply their Compostable Hand Pallet Wrap for exclusive distribution through Opal Packaging Plus.
Categories: Forest Products Industry
Don Hammond new Chair of NZ’s Wood Processors and Manufacturers Association
The Wood Processors and Manufacturers Association of NZ (WPMA) is pleased to announce the appointment of Don Hammond to the role of independent Chair effective 9 September 2024. Source: Timberbiz Mr Hammond is the current Independent Chair of Phytos, a Fonterra Cooperative Council member, was a shareholder and Chair of a sawmilling and value add timber business, the inaugural Government appointed chair for the Game Animal Council, an independent director of the Bioprotection Centre of Research Excellence at Lincoln and has been chair on the board of various private companies with many of these in the forestry space. Mr Hammond has interests across forestry, aviation, property, horticulture and dairy farming. “I believe my knowledge of and experience within the forest side of the sector has the potential to bring a different paradigm to WPMA and assist in creating synergies which will allow greater benefit for all parties,” Mr Hammond said. Mark Ross, WPMA’s Chief Executive said that on behalf of the board we are delighted to have Mr Hammond as the new Chair. “He is a highly reputable governance professional with experience in various industries, including wood products and forestry. With the sector having a significant role to play in New Zealand’s future direction Don’s leadership, strategic thinking and clarity of purpose will assist in steering wood processing and manufacturing into our next stage of economic growth and sustainability,” Mr Ross said. The WPMA Board would like to acknowledge and thank the outgoing Chair, John Eastwood, for his outstanding contribution to WPMA. Mr Hammond is a Fellow of the New Zealand Institute of Forestry (NZIF) who has extensive experience across the forestry sector and his commitment to sustainable management make him an ideal leader for this critical role. He brings a wealth of knowledge and governance experience to his new position, having served in various leadership roles across forestry and farming. His deep understanding of the forestry sector, combined with his strategic vision, will undoubtedly contribute to strengthening the synergies between wood processing, manufacturing, and forest management. This appointment is a significant recognition of the expertise and influence professional foresters like Mr Hammond bring to the broader industry. “Don Hammond’s appointment as Chair of WPMA is a tremendous achievement and a testament to his dedication to the forestry sector,” said James Treadwell, president of the NZIF. “His leadership will be invaluable in guiding the wood processing and manufacturing industry towards greater economic growth and sustainability. This appointment also underscores the crucial role professional foresters and NZIF members play in every part of the sector, from sustainable forest management to innovative wood product development.” As the sector continues to navigate the challenges and opportunities presented by climate change, economic shifts, and technological advancements, the involvement of skilled professionals like Mr Hammond is more important than ever. The NZIF believes the expertise and ethical standards upheld by its members are key to ensuring the long-term sustainability and resilience of New Zealand’s forestry and wood processing industries. The NZIF is proud to support its members in taking on leadership roles which shape the future of the forestry sector, and it is confident Mr Hammond’s tenure as Chair of WPMA will lead to significant advancements for the industry and contribute to a more sustainable and prosperous future for New Zealand.
Categories: Forest Products Industry
40 Years of Timber Towns advocating for forestry
Celebrating 40 years since Timber Towns Victoria’s first inception in 1984, members recently toured the Baw Baw Shire region as part of their Annual General Meeting and yearly forum. Source: Timberbiz The Baw Baw Shire was one of many regions that were impacted by the Victorian Government’s announcement to cease native timber harvesting in state forests. TTV Vice President and Baw Baw Shire Councillor Michael Leaney said the site visits to the region have helped TTV group members gain a better understanding of how local businesses in the region are transitioning and the new opportunities being created. “Timbers Town Victoria will continue to advocate for the economic viability and ongoing sustainability of the towns and regions significantly impacted by the closure of native timber harvesting in state forests, and the State Government’s Forestry Transition Program has provided valuable assistance to affected communities and businesses,” Cr Leaney said. TTV President Councillor Karen Stephens hailed the three-day forum a success. “It is important to our members that we see first-hand these communities that have been affected by the cessation of native timber harvesting. We know that it has presented numerous challenges for these communities and TTV will continue to provide support and a commitment to these challenges faced by Victorian communities,” Cr Stephens said. ‘It has been pleasing to witness the innovation and positive changes that some businesses have made since the cessation of native timber harvesting to transition their business,” she said. Cr Stephens thanked all those who gave their time to assist in the success of the three-day forum. “Timber Towns Victoria offers a very special thank you to the businesses we visited and their time they gave freely to us – David Taylor, Willow Grove Timber Mill; Glenn Fenton, Nationwide Trees; Andrew Batarilo, Alpine Trout Farm; Doug Ward Drouin West Timber Truss,” Cr Stephens said.
Categories: Forest Products Industry
NZ Government working with councils on a solution to keep mills working
New Zealand Central North Island district mayors from Ruapehu, Kawerau and Taupo whose forestry mill operations are threatened by soaring electricity prices, have met with Prime Minister Hon Chris Luxon and Regional Development Minister Hon Shane Jones to discuss urgent actions to prevent the closure of mills and other export manufacturers. Source: Timberbiz Ruapehu Mayor Weston Kirton, Kawerau Mayor Faylene Tunui, and Taupo Mayor David Trewavas together with local iwi expressed united concern for the central North Island economy and its communities following Winstone Pulp International (WPI) announcement of plans to shut down its Tangiwai Sawmill and Karioi Pulpmill due to unsustainable energy costs. They warned that this impending closure is only the ‘tip of the iceberg’ unless an urgent solution is found for other New Zealand export manufacturers facing similar pressures from unsustainable energy costs. The mayors were ‘cautiously optimistic’ about the prospects of keeping WPI operational after their meeting with the Prime Minister and the Regional Development Minister. “There is no doubt that the Prime Minister and Minister Jones are acutely aware of what is at stake. They share our concerns for the economy and our communities, and want to find a workable solution,” said Mayor Kirton. “The government has demonstrated its commitment by inviting us to collaborate with WPI and present a proposal outlining what it would take to keep the mills operating. We are now working with urgency on developing a solution to put to them. “We are grateful for the government’s attention and support in addressing the immediate crisis facing WPI. The government has committed to considering whatever short-term solution we can put forward while they work to establish a long-term fix to prevent such a situation from arising again in the future,” he said.
Categories: Forest Products Industry
Grow Your Own workforce plan for Queensland
Timber Queensland has partnered with Jobs Queensland to develop a workforce plan and action-based initiatives for the forest and timber industry through a state government funded ‘Grow Your Own’ program. Source: Timberbiz Representatives from employers in the Wide Bay region met regularly to pinpoint and endorse focus areas, assist with gathering information, identify key issues and help find solutions to develop, implement and monitor the regional workforce plan. Initially this group worked to develop a Wide Bay forestry industry snapshot, a document that provides an analysis of employment and training trends in the Wide Bay region and forestry-related industries. This report, produced for Jobs Queensland, aims to support the “Grow Your Own” Regional Workforce Program by identifying workforce challenges in the Wide Bay forestry region. This helped inform the development of mechanisms to implement action-based, locally focused and led workforce planning and initiatives. Specifically, it provides an analysis of the employment and training data and trends within the Wide Bay region and forestry-related industries. It identifies workforce challenges and opportunities. Following the publication of the region and industry snapshot industry-led consultation with key industry and community stakeholders, highlighted common workforce, training and business challenges. Despite these challenges, the industry showed a strong commitment to working with government and training providers to plan for their future by developing recommendations, priorities and practical methods to benefit the region’s forest and timber industry’s future workforce. The subsequent Wide Bay Forest and Timber Industry Workforce Development Plan provides a foundation for an industry committed to growth and future prosperity. The skills and experience Timber Queensland has gained from working with Jobs Queensland on the Wide Bay ‘Grow Your Own’ program can be applied in other major forest and timber industry regions in Queensland. “It has been very encouraging to see the industry pull together to drive the development of this plan,” Timber Queensland CEO Mick Stephens said. “It represents the most comprehensive deep dive into this industry for this region so far and will form part of a solid strategy to build resilience in our industry. “Now the real work begins as industry and other stakeholders take steps to carry out each one of the identified actions in the plan, which will take ongoing effort,” he said. “However, with the growth of the bioeconomy and housing demand creating new and expanding markets for wood products, new jobs and roles are emerging and we need to be prepared for that. This plan will help the local industry have the skills and workforce to deliver.” The Grow Your Own Workforce can be downloaded here. The Wide Bay Forest and Timber Industry Workforce Development Plan can be downloaded here.
Categories: Forest Products Industry
Opinion: Marcus Musson – Double dips and Mexican stand offs in NZ log prices
Double dips are great when we’re talking about chocolate dip, chip’n’dip and lotto but not so good when talking export log prices, but here we are. Quarter three kicked off with August prices down around NZ$4/m3 from July following a very slight rally from the low in April. Prices vary between ports but for the Southern North Island and Northen South Island you’re looking at around NZ$113/m3 for A grade shorts with Tauranga up a few on that, Lyttleton breaking into triple figures at NZ$101/m3 and similar numbers for the more southern ports. Interestingly, the three-year average price has dipped into the sub-NZ$120/m3 range for the first time since May 2018. Depending on whether you’re a glass half full or empty person, you could argue either way that current stickiness is a supply or demand problem, and to be fair you’d be right on both counts. Demand has reduced primarily due to the Chinese construction implosion, but this has been exacerbated by the traditional off season plus heavy rain and severe flooding in Northern China restricting uplift. Meanwhile, supply has dutifully carried on at around 55,000m3 per day, even in the face of ugly pricing, resulting in only a very small reduction in China on port inventory of 50,000m3 taking the total inventory position to 3.15 million m3. This is basically a Mexican standoff, but the difference is we are pointing our own guns to our heads. Until we can get inventory well under 3 million m3, we’re unlikely to see much in the way of price increases. At the current run rate, we’re delivering around 20 million m3 annualised into China where real demand going forward is probably in the teens. There’s talk of increased interest from India but there’s complexities around supply, and the demand is only a few vessels per month so no silver bullet there. The scenario in NZ isn’t a whole lot rosier in the construction space with framing lumber demand looking decidedly average. There is a glimmer of hope with the talk of OCR reductions but there will need to be a significant change in sentiment before housing starts return to 2023 levels. Pruned log demand remains stable with a large portion of the resulting clear lumber heading to the US and European markets, although those markets have also seen issues with demand. The value of pruned logs in the forest grade mix has created a resurgence in pruning as forest owners see this as a good return on investment. Domestic sawmills have been hitting the papers lately with a number of sawmills and pulp mills temporarily closing while spot electricity prices leap higher than Hamish Kerr. WPI shut both its sawmill and pulp mills, Oji closed its Penrose mill, Panpac shut its Napier mill and Donnelly’s shut its Reporoa sawmill. Shutting a sawmill or pulp mill takes a lot of consideration as it’s not just a case of flicking the switch off. There’s a massive cost to both shutting down and restarting these assets. With the Government’s push toward de-carbonisation (noting that Huntley is now burning coal by the ship full) it must surely be plainly obvious that relying on electricity to be the vehicle for the fossil fuel divorce is like relying on Biden to get his own name right. So, with electricity and gas supply and price instability, it doesn’t take a rocket scientist to figure out that we need another form of fuel to keep all manner of industries in operation. Don’t Stress NZ, we’ve got this. Woodfibre based biofuel is the future of large-scale industrial fuel. Unlike electricity, it won’t hold you to ransom in a dry, windless winter and doesn’t carry the same level of sovereign supply risk that saw an end to gas exploration under the previous Government. Long term supply is easy to see – it’s growing in every forest. Marcus Musson is a Forest360 Director. He holds a Bachelor of Forest Science with Honours from Canterbury University, New Zealand, and specialises in steep slope cable harvesting, marketing and value recovery initiatives.
Categories: Forest Products Industry
Consultation on national illegal logging reforms
The Australian Forest Products Association has welcomed the Federal Government’s consultation process on new draft rules that complement the national illegal logging reforms, to allow for industry feedback. Source: Timberbiz The AFPA supports the strengthening of illegal logging laws to ensure that importing businesses source timber harvested from legal sources using sustainable practices. Equally important is the need for the regime to be efficient, practical and effective and the consultation process will be important to allow industry the opportunity to provide feedback. Agriculture, Fisheries and Forestry Minister Julie Collins has announced the next steps for the Government’s reforms around the Illegal Logging Prohibition Amendment (Strengthening Measures to Prevent Illegal Timber Trade) Bill 2024 which includes an opportunity for stakeholders to comment on draft rules before they’re finalised. The updated illegal logging laws which are currently before the Senate, will: Strengthen audit, compliance and enforcement of offence penalties, Enhance monitoring of compliance and streamline investigation powers, Require notice of products being brought into Australia. “Illegal logging has negative effects on supply chains, business decisions, industry profitability, investment, and jobs in the Australian economy,” Ms Collins said. “These rules will help to protect the sustainability of this industry, and the workforce involved, and secure stronger economic growth. “It’s important that we get feedback from regulated entities and other stakeholders on the draft rules,” she said. This would ensure the government was striking the right balance of reducing the regulatory burden and upholding the objectives of the legislation to prevent illegally logged timber entering our market. “Australia’s forest industries unequivocally support a strong and robust regime to combat illegal logging, and we thank the Government for the consultation that will allow industry to provide feedback to policy makers on the new rules,” Chief Executive Officer of AFPA Diana Hallam said. “These reforms are particularly timely. As a result of native forestry industry closures in Victoria and Western Australia, Australia has seen a considerable increase in the volume of imported hardwoods and it’s critical the proper checks, enforcement and penalties are in place if there’s any doubt as to the source. “The integrity of our timber and fibre products is paramount. When grown, harvested and processed properly, as we do in Australia, these products represent the height of sustainability, but when corners are cut, it can be environmentally damaging and undermine Australian jobs,” she said. Comment on the draft rules can be made via the link below until 13 September 2024: https://haveyoursay.agriculture.gov.au
Categories: Forest Products Industry
Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect
Categories: Forest Products Industry
Here's how Jerome Powell could surprise markets with his Jackson Hole speech
Categories: Forest Products Industry
Cava reports juicy earnings as steak launch, sales growth pushes stock to all-time high
Categories: Forest Products Industry
Wall Street Braces for ‘Reality Check’ From Powell: Markets Wrap
Categories: Forest Products Industry
Altria Boosts Its Dividend for the 55th Straight Year. Yield Is Now Nearly 8%
Categories: Forest Products Industry
How NBA Bad Boy Vinnie Johnson Turned $5 Million In Career Earnings Into A $500 Million Fortune
Categories: Forest Products Industry
Nvidia stock slips ahead of earnings release as Wall Street reiterates bullish outlook
Categories: Forest Products Industry
Column: No, folks, Harris isn't planning to tax your unrealized capital gains — but a wealth tax is still a good idea
Categories: Forest Products Industry
Labor Economist Warns Americans Get A 'Failing Grade' In Retirement Security – Says The Age of 401(k)s Is Outdated And 'Coming To An End'
Categories: Forest Products Industry