News archive

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 …

Malaysian furniture exporters benefit from weak Ringgit

07-12-2015

Malaysian furniture exporters are benefitting from the weak Ringgit. At the current rate of over RM 4.25 to the US dollar the Ringgit has weakened around 27% in the year. This year furniture exports were up around 20%. Sales in June were up 18%; 20% in July; and almost 15% in August compared to the same period last year. In …

Latvia's forest exports up 3% in 3Q/2015

07-12-2015

Latvia exported forest products worth EUR 1.532 billion in 3Q/2015, a 3% increase from the year before, according to the Latvian Agriculture Ministry. Exports of timber and related products rose 1.6% year-on-year to EUR 1.305 billion. Major export destinations were the UK, Germany and Sweden. The UK market made up 18.3% of total forest product …

PEFC: Governments must take firm action on climate change

07-12-2015

"We need a global agreement at COP 21 with clear actions and firm commitments, outlining effective pathways to address climate change," said Ben Gunneberg, CEO of PEFC International ahead of the upcoming PEFC Forest Certification Week. "These commitments must recognise the multiple benefits of forests and encourage policies that promote …

Editor’s pickKastamonu ships first batch of laminate flooring to China

07-12-2015

Kastamonu Entegre has shipped the first batch of laminate flooring produced at the Alabuga SEZ plant (Republic of Tatarstan) to China.   Since the launch of the wood processing plant in the Alabuga SEZ, the company has produced and sold more than 7 million m2 of ТМ ‘Floorpan’ laminate flooring. The designed capacity of the …