Forestry
The Tasmanian forestry sector is an integrated industry that encompasses both native forest and plantation resources. Tasmania's forests are sustainably managed. The managed production forests yield some of the strongest commercially usable timbers available which are used to supply a wide range of raw and manufactured wood products to local, national and international markets.
Tasmania's sustainable forest sector produces high quality hardwood products including beautiful timbers which are held in high regard by architects, craftspeople and artists.
The production of logs, woodchips, pulp and paper, veneer and other decorative timber and wood products is a key part of our economy and Tasmania is the only state in Australia that is a net exporter of forestry products.
Harvesting from Tasmania's plantation estate will significantly increase over the next decade providing greater opportunities for the processing of plantation timber. Opportunities also exist for engineered wood products manufacturing and bioenergy along with the potential for particle board production.
The sector operates under well-established environmental standards and native forest resource is only sustainably harvested outside of the extensive reserves systems, designed to maintain environmental values.
Potential investment opportunities through increased on-island processing and diversification from lower value timber use including:
- Production of high-value structural timber construction products developed from managed hardwood plantation logs
- Increasing the footprint of both hardwood and softwood plantations to meet the expected quadrupling in demand by 2050 for timber products
- Using technology to increase the recovered value from Tasmania’s forests – diversify the product base
- Further development of a biofuels and bioenergy sector utilising forest waste, and residues, including the production of torrefied wood, pellets, cellulosic ethanol and biodiesel
- Develop new product lines from lower grade resources to help drive innovation.
Tasmania offers
- Innovation
The majority of forestry-related businesses invest in advanced machinery, equipment, software, research and development. - Regulated industry
Tasmania's conservation system surpasses international benchmarks. - Renewable energy resources
Tasmania has an enviable sustainable renewable energy base. - Resource security
Government policy for the management and use of Tasmania's forests providing resource security to the industry while protecting sensitive areas. - Sustainability
Sustainable forest management practices are the norm.
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