News archive

Global softwood lumber trade fell 7% in 2018

20-03-2019
#softwood #lumbertrade #marketreport

US lumber prices took a roller coaster ride and China’s wood demand slowed in the 2H/18, reports the Wood Resource Quarterly Global Softwood Lumber Trade In 2018, global trade of lumber fell for the first time in five years, with total trade down 7% year-over-year. The four largest importing countries, the US (-18%), China (-5%), the …

China steps up protection of forests, grassland

18-03-2019
China, forestry

An official report has shown that China has channelled more energy into the protection of forests and grasslands last year – the National Forestry and Grassland Administration (NFGA) cracked down on violations such as illegal logging in 2018, launching a special campaign code-named “Hurricane No.1”, and imposing fines totalling …

Malaysia plants hope for palm oil's future in dwarf trees

18-03-2019
palm oil, forestry

Test tubes holding plants line shelves in a Malaysian laboratory, the heart of a breeding programme for dwarf palm oil trees which scientists hope will cut costs and limit the environmental damage caused by the controversial industry. Palm oil has become a key ingredient in everyday goods from biofuels to chocolate, leading to a production boom …

Dr. Mario Kordt strengthens the Weinig Management Board

18-03-2019

Photo from left to right: Gregor Baumbusch, Dr. Thomas Bach, Dr. Mario Kordt and Gerald Schmidt Michael Weinig AG, the leading technology provider for the solid wood and panel processing industry and small operations, has complemented its Management Board. Following the appointment of Gregor Baumbusch as CEO as of 1 January 2019, the Supervisory …

EU singles out palm oil for removal from transport fuel

15-03-2019
Europe, Malaysia, Indonesia

The European Commission has concluded that palm oil cultivation results in excessive deforestation and its use in transport fuel should be phased out, setting the bloc on a collision course with major palm oil producers Malaysia and Indonesia. The Commission published its criteria on Wednesday for determining what crops cause environmental harm, …

Xi highlights local role in protecting environment

15-03-2019
China, Mongolia, environment

Chinese President Xi Jinping has called on the Inner Mongolia autonomous region to maintain its strategic focus on environmental protection and build an ecological shield for the country's northern border. The general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission made the remark while …

Inner Mongolia forest coverage rate rises to 22.1 per cent

15-03-2019
Mongolia

North China's Inner Mongolia Autonomous Region has reached a forest coverage rate of 22.1 per cent, up 1.07 percentage points compared with that in 2017, according to the latest data released by the region's forestry and grassland bureau. As of now, the autonomous region has a total forest area of over 26 million hectares as the local government …

bauma 2019: Efficiency gains as an innovation driver

15-03-2019

The driving force behind the new development and optimisation work in the construction industry is increased efficiency. At bauma 2019, the world’s leading trade fair for construction machinery, building material and mining machines, construction vehicles and equipment, manufacturers will demonstrate their efficient solutions to meet the …

2019 China Global Wood Trade Conference to be in September

14-03-2019
China, conference

The 9th China Global Wood Trade Conference (GWT China), organised by China Timber & Wood Products Distribution Association (CTWPDA) and co-organised by FEA-WOOD MARKETS, will be held in Chongqing on 7 and 8 September 2019. This will be the fifth joint conference that both groups have been involved organizing a conference in China. Expected to …