Australia’s forestry sector strong in export markets

An Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) report released today highlights continued growth in Australia’s forestry sector thanks to strong export performance. ABARES acting Executive Director, Peter Gooday, said Australian forest and wood products statistics, March and June quarters 2019 reported the fifth consecutive year of…

Continue reading

Conifex Timber’s lenders approve restructuring plan

Conifex Timber announced that the agent for its lumber segment lenders approved in principle Conifex’s proposed asset divestment and restructuring plan. According to the announcement, the plan also provides additional credit support to Conifex to fund operations while it implements its asset divestiture plan. Pursuant to the plan, Conifex will…

Continue reading

Sharp drop in Ghana’s wood products exports

Ghana recorded an export volume of 208,553 cu.m of wood products in the period January–August 2019, valued at EUR 106 million, according to the Timber Industry Development Division (TIDD). This represented decreases of almost 20% in volume and 9% in value compared with same period in 2018. Products for which…

Continue reading