News archive

Swedish Timber Prize winner to be announced on March 9, 2016

17-12-2015

The winner of the 12th Swedish Timber Prize will be announced on March 9, 2016. Organised by Swedish Wood, the architecture award -entitled "Träpriset"- is given to any structure as long as wood forms a significant part of the design. "The quality of the materials and construction techniques has moved on quite considerably, as has interest …

SCM Group expands presence in MENA region with new high-tech hub in Dubai

17-12-2015

Image: SCM headquarters in Rimini, Italy/ PHOTO CREDIT: SCM GROUP   The SCM Group has expanded its global presence with a new high-tech hub in Dubai. SCM Group Middle East is part of the Group's strategy to strengthen its presence in the Middle East and provide the market with a direct and on-site specialist …

Europe's forest resources healthy, but climate change may threaten future growth

17-12-2015

Europe's forest resources are in a healthy state despite a 60% - 70% harvest from the net annual increment, according to a State of Europe's Forests report. The report however cautions that the uncertainties of climate change may threaten future growth. "When planning the use of forests, we will have to pay more attention to the effects of …

PEFC: China recognised for efforts in forest certification

17-12-2015

China was applauded for the greatest increase in forest certification by the Programme for the Endorsement of Forest Certification (PEFC) during PEFC Forest Certification Week last week, with an increase of more than 5.5 million hectares of PEFC-certified forest area over the past year. "It is extremely heartening to see China as a new member …

UK: Timber frame to account for 27% of housing starts

17-12-2015

Timber frame is expected to account for 27% of new housing in the UK by 2017, buoyed by a steady increase in housing starts of cagr 2%, according to a new report by the Structural Timber Association (STA). Since 2013, more than 150,000 homes have been built annually, with 184,605 (+3%) new housing starts expected in …

Kastamonu quells rumours of business suspension in Russia

14-12-2015

Turkey-based panel manufacturer Kastamonu Entegre has issued a statement defending its business operations in Russia following rumours that all investment activities will be suspended. "There is no decision to terminate any activity or suspend existing investments in the Russian Federation," said Haluk Yildiz, CEO of Kastamonu Entegre, in a press …

IFFS unveils new highlights for 2016 edition

14-12-2015

Image: The Singapore Pavilion at Hall 4, IFFS 2015/ PHOTO CREDIT: IFFS The International Furniture Fair Singapore 2016 / 33rd ASEAN Furniture Show (IFFS/AFS) returns to Singapore from March 10 to 13 in conjunction with The Décor Show and furniPRO Asia, with a new theme, 'Design, Inspiration, and Trade'. "Good designs stem from …

Eucalyptus, the third most planted species in China

07-12-2015

Currently eucalyptus is the third most available plantation timber in China. The area of eucalyptus plantations is around 4.5 million hectares accounting for just 2% of China's forest area. However, the annual timber output from these eucalyptus plantation will exceed 30 million cubic metres making up around 27% of the annual domestic timber …

Sandvik CFO Mats Backman to step down

07-12-2015

Mats Backman, Executive Vice President and Chief Financial Officer, CFO, for Sandvik has decided to leave Sandvik to assume the equivalent position as CFO for the automotive safety supplier Autoliv. He assumes the position no later than 1 June 2016. The process to find a successor has been initiated. - I'm grateful for Mats Backman's …