Papyrus Australia Ltd.'s paptented technology converts the waste trunk of banana palms into alternatives to forest wood products for furniture, building, and construction. The Papyrus process banana trunk conversion yields wood products with qualities not found in existing wood-based products due to the uniform pattern of banana tree trunks.
This project started with some idle chatter with some guys I used to work with. Eric had this idea for a "slinky machine", which would essentially become an escalator on which a slinky continuously descends. Years passed and I occasionally teased Eric about it. Eventually, I figured he'd never build it and it was fair game for me to do it.
Plans for WMS 2015, Canada’s largest event for the wood industry – the Woodworking Machinery & Supply Conference and Expo – are in full swing, with nearly 100 exhibitors - including woodworking machinery, panel, hardware, and supplies - already committed to the show. WMS 2015 will be held November 4-7 at the International Centre in Mississauga, ON, just outside Toronto.
Diversified furniture manufacturer Leggett & Platt reported sales from continuing operations were $997 million, a second quarter record and an increase versus Q2 2014 (during which sales increased 9%). Quarterly earnings were $.54 per share. EPS from continuing operations was $.53, an increase of $.05 versus 2014. Higher unit volumes helped earnings, partially offset by a higher effective tax rate.
MYANMAR - Myanmar has freed 153 Chinese facing life sentences for illegal logging. Their release was part of a larger presidential amnesty deal which freed close to 7,000 prisoners.
Last week's sentencing strained the country's relation with neighboring China. News reports say a life sentence like that given to the 153 loggers, is typically equal to 20 years. An additional two Chinese loggers, both said to be minors, were given 10 years.
Wood-based biofuel will be used to fuel FedEx jets within two years under a seven year contract between Red Rock Biofuels and FedEx Express, a subsidiary of FedEx Corp. Red Rock, which is also supply bio jet fuel to Southwest Airlines, will produce 3 million gallons of low-carbon, renewable jet fuel per year for the company. First delivery is in 2017.