Malaysian timber company Ta Ann has opened a new rotary peeled veneer mill at Smithton in Tasmania, its second in the Australian state.
A Tasmanian government release said the mill would process 150,000 tonnes of eucalypt logs per year, supplied from regrowth forests and plantations in north west Tasmania.
Forestry Tasmania has signed a 20-year agreement for log supply.
The two mills cost A$75m to build and will produce 145,000m3/year of dried veneer, worth about A$35m/year.
