News archive

Editor’s pickinterzum guangzhou set to take China by storm

07-02-2018

Organisers of Asia’s largest and most comprehensive woodworking machinery, furniture materials, and interior decor trade fair recently held a media event to introduce the general concept and background, exhibitors’ selection and visitor promotion plans of the new Custom Furniture Suppliers Zone. Since the launch of the feature zone at …

Chinese buyers bypass sawmills in U.S., tightening the market

07-02-2018

Chinese buyers are getting more logs directly from exporters, completely bypassing sawmills in the United States (U.S.), and according to Gerald Storey of Storey Sawmill & Lumber Co. based in Troy, Tennessee, U.S., not only are log exporters getting better quality material, they are purchasing them at well above average market prices. But as …

Jiangsu becomes China’s next key timber trading zone

06-02-2018

A new timber industrial estate in Jingjiang, Jiangsu province, will soon become a major national base for timber trading and processing. Jiangsu Wanlin International Timber Market, a RMB4.5 billion investment, will handle import, export and manufacturing. Over one million cubic metres of timber will be traded here. The new development is part of …

Editor’s pickWorldwide user organisation founded for open IoT platform

06-02-2018

Along with 18 other partner companies, Siemens AG is founding MindSphere World, a worldwide user organisation for the cloud-based open IoT operating system MindSphere. Its aim is to expand the global reach of the ecosystem that is based on MindSphere. Additionally, the organisation is also designed to afford support to its individual members in …

Editor’s pickStora Enso pledges to reduce carbon emissions, becoming the first forest products company to take action on climate change

05-02-2018

Stora Enso has become the first forest products company to set ambitious carbon emission reduction targets. The Swedish timber giant aims to reduce greenhouse gas emissions by 31 per cent per tonne of pulp, paper and board produced by 2030 from a 2010 base year. It is also committing to have 70 per cent of downstream suppliers set their own GHG …

Indonesia targets US$3 billion in furniture export revenues for 2018

05-02-2018

Indonesia’s furniture and handicraft craft exports in 2018 could top US$3 billion, up over 15 per cent on 2017, said Secretary General of the Indonesian Furniture and Handicraft Association (HIMKI), Abdul Sobur. However, export revenues this year are unlikely to achieve 2016’s figures due to problems with productivity and competition …

Editor’s pickNew construction rules in China open the doors for Japanese timber

05-02-2018

The construction of a showroom in Dongguan, China, by the Japan Wood-Products Export Association to promote Japanese timber. Image credit: Nikkei Asian Review With China beginning to embrace construction styles seen in Japan, Chinese players are starting to look at how to increase exports by tapping into the strong demand for housing among the …

Sawmills in New Zealand will escape the impact of record timber prices

05-02-2018

According to Doug Ducker, managing director of Pan Pac, in an interview with New Zealand Media and Entertainment, the record timber prices observed all over the world should not have an impact on the sawmills in New Zealand, though the New Zealand Industry Federation has said that timber prices are expected to rise on the back of the record log …

India-ASEAN see further collaboration on forestry

04-02-2018

India and ASEAN welcomed progress made in the implementation of the ASEAN-India Plan of Action 2011-2015. The five-year plan fosters collaboration on geo-political peace and economic progress between both regions, according to a press statement from the ASEAN Secretariat. Ministers from the ASEAN Ministers of Agriculture and Forestry and the …