News archive

UPM sales increase 2% in 4Q/2015

03-02-2016

UPM reported a 2% increase in revenue to EUR 2,574 million in 4Q/2015. Sales grew in UPM Biorefining and UPM Raflatac but declined in the other business areas, according to a company press release. 4Q EBITDA increased to EUR 363 million (14.1% of sales) from the Euro 334 million (13.2% of sales) during this period. Reported operating profit was …

Norbod to invest GBP95 million in Scotland

02-02-2016

Norbord will invest £95 million to modernize and expand its OSB mill in Inverness, Scotland, nearly doubling its capacity to 640,000 cubic metres. The investment will allow the Canadian company to increase massively the production of panel products to serve the European marketplace. Over the past …

Vietnam ranks fourth in the world for wood exports

02-02-2016

Vietnam is the world’s fourth largest exporter of wood and wood-based products after China, Germany and Italy, according to  the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA). Export turnover for wood and wood-based products in 2015 was US$6.9 billion, up 10.7% over the previous year. However this figure is …

JAF finalises acquisition of Skanditra

02-02-2016

The management of the JAF Group (from left to right): Werner Stix, Markus Sax, Alexander Flatischler, and Miroslav Malzenicky   The JAF Group has finalised the acquisition of Swedish company Skanditra.  All existing will take on all employees—eight at the Swedish sites and 20 at the Hungarian warehouse—remain on the …

Editor’s pick“Design for Sustainable Living”: Swedish pine meets Chinese furniture design

01-02-2016

What happens when a group of Chinese designers visit Sweden, take in the Swedish nature, culture and lifestyle and then travel back to China and create furniture in Swedish pine for Chinese consumers?  Chinese designers (from left): Jamy Yang, Yang Design; Xiaojie Zhu, Opal Furniture; Wei Wu, Dragonfly Gallery; Junjie Zhang, Sozen; Darui …

Australia amends building code to allow for timber structures up to 25 metres

01-02-2016

Australia will allow the construction of taller timber structures up to 8 storeys—or 25 metres—for residential and commercial buildings from May 1 this year. The change in the National Construction Code (NCC) comes about after a two-year consultation and research process submitted by Forest and Wood Products Australia Limited (FWPA), …

Reuters: Breakthrough mapping of tropical forests reveals broad extent of tree loss

01-02-2016

New advanced satellite maps of tropical countries reveal that more than 90 percent of recent tree cover loss took place in natural forests rather than plantations, threatening ecosystems and biodiversity, research shows. The maps mark a breakthrough in forest monitoring that allows researchers to distinguish between natural growth and oil palm, …

CTI and Proskills survey to identify gaps in UK timber industry

01-02-2016

The Confederation of Timber Industry (CTI) and Proskills have launched an employer skill survey to identify the current level of skills shortage within the UK timber industry supply chain. The research will highlight gaps between supply and demand, and identify areas of strength and excellence offering a catalyst for the engagement of the …