News archive

UK election results could stall growth for Germany's engineering sector: VDMA


After the UK elections, the German Mechanical Engineering Industry Association (VDMA) expressed concerns about its effects on the upcoming Brexit negotiations.“The uncertain political situation after the election in Great Britain will further complicate Brexit negotiations. This is bad news for mechanical engineering in Germany,” …

Participants of the Second Regional Workshop call for a revision of guidelines in Africa


According to a news release from the International Tropical Timber Organisation, during the Second Regional Workshop at the ITTO Voluntary Guidelines for the Sustainable Management of Natural Tropical Forests, held from the 8th to 12th of May 2017 in Cotonou, Benin, participants agreed that a revision of the ATO/ITTO Principles, Criteria and …

Hungary achieves PEFC endorsement

Hungary, PEFC, endorsement, national forest certification

Hungary is the latest country to achieve PEFC endorsement of its national forest certification system. “It has been more than 15 years since the first initiative to introduce PEFC forest certification in Hungary was launched,” said Endre Schiberna, Hungarian Forest Certification Non-profit Ltd. “The latest process was funded and …

Finnish roundwood consumption up 4% in 2016

Luke, forest chips, forestry, Finnish, sawmills

Finland consumed 67.4 million cubic metres of roundwood in 2016, up four per cent compared to a year earlier and seven per cent above the average over the previous five-year period. Consumption of forestry by-products such as sawmill chips and dust amounted to 9.3 million cubic metres, according to the Natural Resources Institute Finland …

Editor’s pickWood flooring is sustainable and it lasts


Wood is sustainable. This is apparent by looking at examples of homes built hundreds of years ago. Some of them are still in good shape, for example, the 8th century Tôdai-ji Buddhist temple in Japan, a UNESCO World Heritage site, as well as the Urnes Stave Church in Norway built in the 12th century. Wood buildings can last a very long time …

MJB Wood acquires the assets of Pacific MDF Products, Inc. of Arkansas and South Carolina


Headquartered in Irving, Texas, United States (U.S.), MJB Wood Group, Inc. has finalised the acquisition of assets of Pacific MDF Products, Inc. of Arkansas, El Dorado, Arkansas, U.S., and Pacific MDF Products, Inc. of South Carolina, Clio, South Carolina, U.S., which both collectively do business under the brand, Pac Trim. Pacific MDF Products …

Editor’s pickRussia's construction sector can take a leaf out of the Swedes experience

Swedish Wood, Russia, ARCH Moscow, wood construction, lecture, panel discussion

Alexander Nyberg, an architect at Swedish Wood, shares about Sweden's wood construction efforts at a panel discussion at ARCH Moscow. Image: Hans E Andersson Russia has substantial access to forest raw material, making it an important player in the forest industry. But for news about the latest trends in wood construction, Russia’s major …

Timbervest’s fund management business acquired by Domain Timber Advisors


SEC Registered Investment Advisor and affiliate of Doman Capital Advisors, LLC, Domain Timber Advisors LLC, with its headquarters in Atlanta, Unites States (U.S.), recently disclosed the acquisition of Timbervest, LLC’s fund management business. Domain Timber mostly focuses on discretionary investment management of timberland and …