I read the compendium first and then searched there is no record of it being denied but there is another sawdust thing but that involves the macerator this is really me thinking "I want to suggest something for IC2" making something up on the spot
Desc: Basically you get it from non-player placed (takes away infinate stuff) logs of any kind when broken with a chainsaw (about 10% chance) Can be compressed into a plank (unrealistic but hey it's minecraft) 4 of which can be crafted like so: