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EGGER announces stable results for FY2016/2017, has big plans for the future

Editor’s pickEGGER announces stable results for FY2016/2017, has big plans for the future

28-07-2017

  The EGGER Group announced new records for 2016/2017. Group sales rose 1.7 per cent to EUR 2.38 Bn while EBITDA climbed 4 per cent, hitting EUR 363.7 Mn, reaching record levels for the company’s 56-year history. The volume of raw boards (incl. timber) produced increased to 7.9 million m3 (+3 %), suggesting that all primary production …

Poly WeDo explores and develops children’s gifts in music and art

Poly WeDo explores and develops children’s gifts in music and art

28-07-2017

Located within the Yongli International Shopping Centre in Beijing, China, Poly WeDo aims to explore and develop children’s talents in music and art.   Designed with an open, free, and flexible concept, the environment, full of wooden shelves, floors, and even ceiling finishes, disregards any rigid structures placed on teaching, and …

Södra releases strong second quarter results

28-07-2017

With a consolidated six per cent increase in net sales to SEK5.244 million (US$637,000), and a nine per cent increase in operating margin, among others, Södra Wood’s second quarter results are strong. However, the increase was mainly due to the improved earnings for sawn timber, growing demand for Södra’s products, and …

An inspiration from nature dominates this year's Serpentine pavilion

Editor’s pickAn inspiration from nature dominates this year's Serpentine pavilion

27-07-2017

This year's Serpentine Pavilion is an indigo-blue structure with a latticed canopy and a courtyard at its centre that will be transformed into a waterfall when it rains. Designed by Diébédo Francis Kéré, a Berlin-based architect from Burkina Faso, he is the 17th architect to take on the annual commission for the …

Meditate, think, and contemplate at the Waterside Buddhist Shrine

Editor’s pickMeditate, think, and contemplate at the Waterside Buddhist Shrine

27-07-2017

Situated in a forest by the riverside, the Waterside Buddhist Shrine is a place for meditation, thinking, and contemplation. Inspired by the connection between buildings and nature, architects Han Wenqiang, Jiang Zhao, and Li Xiaoming had the shrine built under an earth mound with a flowing interior space with respect to nature’s …

The timber industry may be in for more uncertainty as the lumber dispute moves to NAFTA

27-07-2017

According to the Missoulian, if the United States (U.S.) drops a part of the North American Free Trade Agreement (NAFTA) dispute resolution system, lumber producers would be able to better fight unfair Canadian timber sales. However, Canadian timber analysts foresee the move further clouding an arena already troubled by various political …

APAC sees exponential growth in FSC CoC certifications

26-07-2017

Asia Pacific has become second to Europe in terms of the number of FSC CoC certificates attained, reaching a record high of 10,077, according to the Forest Stewardship Council (FSC®) International. China has the highest net increase in the actual number of CoC certificates. The 3,032 certificates gained account for 67 per cent of the …

EGGER announces plans for a green field project in USA

Editor’s pickEGGER announces plans for a green field project in USA

26-07-2017
Egger, North Carolina, USA

Michael Egger makes the announcement on the investment project in North Carolina A new wood-based materials plant by Egger will soon become a reality in Lexington, North Carolina, pouring approximately EUR 260 Mn into the local economy and creating 400 direct jobs. Construction is expected to begin by the end of 2018 and the first boards are …

Finland celebrates timber’s expressiveness

Editor’s pickFinland celebrates timber’s expressiveness

26-07-2017

In an environmentally-conscious answer by Lukkaroinen Architects, the material and structural design for the Pudasjärvi Wood Campus in Oulu, Finland, emphasises the potential large-scale structural timber contains. Featuring a primary structure made of assembled logs, there are also three types of unconventional pillars specially made up …

Universal Forest Products posts second quarter results

26-07-2017

Universal Forest Products, Inc. (UFPI) posted their financial results for the second quarter of 2017, and showing a 23 per cent increase of net sales over the same quarter of 2016, alongside double-digit gains in each of its markets. Net earnings also experienced a slight increase over 2016 results, and are company records. Other highlights …

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