News archive

Sarawak: Foreign investment may be needed to improve the timber industry

08-08-2017

According to The Edge Markets and The Edge Financial Daily, the timber industry in Sarawak may need to work with foreign investments in order to advance its timber industry. “At the moment, most of the players in the timber industry are based in Sarawak. They are mostly involved in the upstream segment but are now going towards the …

Editor’s pickANDRITZ announces results for 1H/2017

07-08-2017
andritz, sales, first half results

ANDRITZ headquarters in Graz, Austria International technology Group ANDRITZ announced satisfactory sales in the first half of 2017. Sales remained stable, amounting to EUR2.7 Bn in the first half of 2017 (+0.6% YoY). Sales in 2Q dropped 5.6 per cent to EUR1.39Bn compared to the same period last year.  A strong first quarter saw order …

Nankang furniture industry gets boost from government

07-08-2017
China, ITTO, boost, Nankang

16 furniture quality improvement demonstration zones will be established in Nankang District, Jiangxi province, according to the General Administration of Quality Supervision, Inspection and Quarantine. The establishment of the demonstration zone will help support improvements to the quality of Nankang furniture products, accelerate development …

CATAS now recognised by EPA

07-08-2017

CATAS is now officially on the US Environmental Protection Agency’s Third Party Certifier list. The EPA carries out tests and certifications on formaldehyde emissions from wood-based panels. In the US, CATAS has already been recognised by the California Air Resources Board (CARB) since 2009. It is one of the 43 laboratories in the world …

Wood pellet shipments to Korea and Japan at a record high, Vietnam a major supplier

07-08-2017

Over the past few years, South Korea has become the largest pellet importer in Asia, ahead of Japan, and the third largest in the world, and South Korean demand is expected to continue to increase in the coming years, reports the Wood Resource Quarterly. Vietnam has been the major supplier of pellets to Asia, accounting for about 65 per cent of …

Pomorskaya Timber to open a new timber mill in Russia’s Arkhangelsk Region in 2019

07-08-2017

According to Russian News Agency TASS, the Pomorskaya Timber Company will be opening a new timber mill in the Arkhangelsk Region, Russia, in 2019. The project will support the company’s development, as well as create an estimated 1,650 jobs. The project, with an annual estimated capacity of 1.5cbm of processed timber, will be one of the …

New Zealand: The value of logs exported were three times more than exported lumber

07-08-2017

According to Wood Resource Quarterly, a news brief from Wood Resources International LLC, the total value of logs New Zealand exported in the first quarter of the year was almost three times as high as the value of exported lumber. More than half of New Zealand’s timber harvest was exported in log form, though some sawmills in the nation …

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