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The EU has published the export tariff quotas for Russian logs in advance of Russia joining the World Trade Organisation (WTO). All companies which used to import spruce and pine from Russia and want to resume imports from Russia and benefit from these TRQs need to register at their national Licence Office by 3 of July.... [more...]
UPM has concluded co-determination negotiations and decided to restructure its sawn timber and further processing operations in Finland and renews its business strategy. UPM has made a contract to sell its Kajaani sawmill to Pölkky Oy. Pölkky will continue sawn timber ...... [more...]
Rugby Architectural Building Products announces its acquisition of Lumber Products, an Oregon-based industrial building products and door distributor founded in 1938...... [more...]
The World Resources Institute (WRI) today announced the launch of the Forest Legality Risk Information Tool, an open-access global information website designed to assist purchasers of forest products in securing fiber from legal sources. The risk tool, a project of the Forest Legality Alliance, was partly...... [more...]
Metsä Group and Vapo Group have conducted a feasibility study on the construction of a biodiesel plant in Finland or its neighbouring regions since spring 2009. Originally, the study covered four locations, two of them in Finland. The final stage...... [more...]
The steep decline in Chinese wood exports observed in December 2011 (down 8.3% from November) and January 2012 (down 31.6% from December) caused much consternation within the global timber trade, signaling a short-term adjustment in Chinese timber demand. Despite this end of year adjustment, the value of Chinese wood imports...... [more...]
Despite the current economic conditions, the HOMAG Group has succeeded after just five months in breaking through the EUR 100 million barrier in order intake for its project business. The biggest plant orders delivers the Group to customers in Europe and Asia.... [more...]
On July 12, 2012 EGA Systems invites everybody interested to its official presentation of the new 6-sided machining center "ORION" for machining large wall cross-laminated panels and to the presentation of the new composite cross-laminated panel "PANOBLOC".... [more...]
IKEA, the Sweden-based world's largest furniture maker, has reportedly pledged to invest 1.5 billion euros in two phases in India's retail sector, in what is said to be one of the biggest foreign direct investments in this country.... [more...]
This report contains prices of logs, wooden beams, veneer, plywood, solid wood flooring and other items from timber markets in several Chinese regions: Jiashan Kaihua, Shanghai Furen, Beijing Dongba...... [more...]