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WOODCHIPS: Market conditions are becoming more favourable for hardwood plantation companies after several tough years. Photo: Bunbury Port Authority

Investors log interest in plantation timber

Increasing demand for hardwood plantation products has boosted the outlook for the much-maligned industry in Western Australia, but whether companies can capitalise on new growth will depend on how much suitable land they can access.

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Esperance
Great to see the market lifting and demand increasing. Interesting also in your figures you do not allow the 50,000 ha of plantation timber in Esperance. The process of logging and burning has started by farmers not ready to wait a little longer for harvest which should have commenced in 2008 but was thwarted by the Esperance Port Authority listening to "some members of the community", Port advisory committee and Shire. A billion dollars of smoke should look pretty impressive but would look better in the bank and emplyment.

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WA Revenue most recent financial year

16th↓Quintis$97.4m
17th-Bunbury Fibre Exports$84.2m
18th↓WA Plantation Resources$81.3m
19th↓MG Kailis Group$80.8m
20th-Albany Plantation Export Company$78.6m
81 agribusiness ranked by WA revenue most recent financial year

WA export revenue

27th↑Simcoa OperationsNFP
28th↓Santos$105.0m
29th↓WA Plantation Resources$81.3m
30th↓BCI Minerals$64.0m
31st↑Shark Bay Salt$47.4m
49 exporters ranked by WA export revenue most recent financial year

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