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Growth future for plantation industry.



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SENATOR THE HON. IAN MACDONALD Minister for Forestry and Conservation

Home Back to Media Releases AFFA02/160M 20 August 2002

 

Growth future for plantation industry

Australia’s plantation timber industry is well placed to reap the benefits of its investment, according to the latest findings by the Bureau of Rural Sciences.

To be launched today by Federal Forestry and Conservation Minister Senator Ian Macdonald, the latest BRS report found that by 2015 Australia’s plantation timber industry could be supporting a range of new, large-scale processing facilities.

Senator Macdonald said the report, Plantations of Australia Wood Availability 2001-2044, highlighted the trend among plantation owners to use fast-growing eucalypt species.

He said the amount of plantation eucalypt pulpwood available could increase from 2.4 million cubic metres a year at present, to 15.8 million cubic metres by 2015.

“Although eucalypts are the major component of most new plantations, there is relatively little processing undertaken, apart from chipping for export,” Senator Macdonald said.

“However, there is growing interest in their potential as sawlogs and high-value products, which would help replace expensive imports and meet our future domestic needs.

“This is encouraging news for Australia, promising a greater focus on value-adding industries and helping reduce the $2 billion national deficit in forest products trade.”

Senator Macdonald said that, although the level of wood availability could vary in the future due to changing forest management techniques and fluctuations in world markets, the BRS report represents the most reliable information of its kind.

“This report provides a new baseline for plantation statistics that should greatly assist in forest policy making and industry planning,” Senator Macdonald said.

EVENT: launch BRS report — Plantations of Australia Wood Availability 2001-2044.

LOCATION: Rydges Lakeside, London Circuit, Canberra, ACT.

TIME: 9.30am, Tuesday 20 August 2002.

NOTE: A graph on the forecasted availability of plantation wood is attached. Plantations of Australia Wood Availability 2001-2044 is available for $30 from BRS Publication Sales, PO Box 6103, West Footscray, VIC 3012, or by calling 1800 244 129, faxing 1800 244 130 or emailing sales@brs.gov.au

Further inquiries:

Senator Macdonald's office: Zac Donovan (02) 6277 7270 or 0438 611 296

   

  Last updated 20 August 2002

URL: http://www.affa.gov.au/ministers/macdonald/releases/2002/02160m.html Commonwealth of Australia 2002