Technologies for the modification of wood have been known for decades. Commercial implementation of these technologies has been restricted in the past due to economic considerations that meant the resulting product would need to command too high a price in the market place to justify the return to an investor of any capital outlay. Technological advances, regulatory changes, green building practices, environmental concerns and in some cases, new science, have meant that market price points for a number of modified wood products, while still commanding a premium over some of the more traditional hardwood products they compete against, are today at a level where investors are prepared to back some of these technologies.
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