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Laminex Australia and HQPlantations in Queensland will share $609,000

Christian Fernsby |
Two businesses in Queensland’s largest timber forestry region will share in more than $600,000 of Palaszczuk Government funding to investigate projects that will transform waste streams into products and create new jobs for the state.

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Laminex Australia in Toolara will receive $559,000 via the state’s Resource Recovery Industry Development Program (RRIDP) to conduct a feasibility study for an energy cogeneration plant at its fibreboard manufacturing facility.

The business currently produces 310,000 metric metres of fibreboard (MDF) and laminates approximately seven million square metres of MDF and particleboard each year.

Minister for State Development and Manufacturing Cameron Dick said if the project was to proceed it could create 50 construction jobs and 10 new operational jobs.

In addition, Queensland’s largest forestry plantation company HQPlantations (HQP) has been awarded $50,000 through the $5 million Waste to Biofutures Fund (W2B Fund) to help test the use of forest-floor materials as feedstock for a biomass plant.

HQP is the largest forest plantation owner in the state with around 200,000 hectares of timber forests, more than half of which comprise the Fraser Coast pine plantations extending from east of Gympie to near Bundaberg.

Mr Dick said over 1.25 million tonnes of timber is harvested annually from the area, so being able to turn the waste from this work into energy would deliver strong economic and employment outcomes for the region.

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