News archive

Tag: Market

European hardwood markets feel the pinch of global trade tensions and general economy slowdown

10-12-2019
European hardwood markets, global trade tension, economic slowdown, International Hardwood Conference, Berlin

Following a relatively positive period in 2018, the European hardwood markets this year have felt the pinch of the global trade tensions and general slowdown of the economy, with Chinese demand for European hardwood slowing down a little. Demand this year in the EOS(European Organization of the Sawmill Industry) producing countries is expected to …

WRQ: Russia surpassed Canada to become world’s largest exporter of softwood lumber in 2019

09-12-2019
Global lumber market, softwood, hardwood, lumber, Wood Resource Quarterly

Russia surpassed Canada to become world’s largest exporter of softwood lumber in 2019, according to Wood Resource Quarterly. Global Lumber Markets • Russia has surpassed Canada to become the world’s largest exporter of softwood lumber in 2019 and is on track to ship almost 32 million m3 of lumber this year, representing 23% of …

Editor’s pickFor DIEFFENBACHER, diversification is key

28-11-2019
DIEFFENBACHER, woodworking, machinery, APAC, ASEAN, Southeast Asia, markets, Holger Ries, Area Sales Directo

In the past two years, DIEFFENBACHER has observed shifts in the Asian Pacific market, as manufacturers in the wood industry sought ways to avoid colliding head-on with challenges brought about by world events such as the U.S.- China trade war and an impending economic slowdown. PFA speaks to Holger Ries, DIEFFENBACHER's Area Sales Director in …

Lunawood appoints Johanna Veikkolainen as Marketing Manager

14-10-2019
Lunawood, Marketing Manager

Johanna Veikkolainen has been appointed Marketing Manager of Lunawood and will take on the new role on November 8, 2019. Johanna will be stationed in Lahti and report to Marketing Director Maija Masalin, as the company says in its press release. Johanna has a strong background in marketing and communications and she has been working as the …

Multi-unit starts to continue dominating building trend in the U.S.

26-09-2019
U.S., housing, wood, timber, demand, supply, multi-unit, multi-family, single-family, housing market, North America, sawmills, wood products, Canadian, British Columbia, wood prices

Multi-unit starts continue to dominate, by a much higher ratio than previously expected, reported Madison’s Lumber Reporter. For several years since the U.S. housing recovery in 2006, economists believed that the ratio of single-family starts would eventually recover to previous levels but the belief has yet to materialise. Instead, there …

Editor’s pickWith Change Comes Opportunity -- An interview with Udo Mauerer, Vice President of HOMAG Asia/Pacific and China

24-09-2019
Udo Mauerer, HOMAG Asia, Vice president, Asia market, China, trade war, cross border activities, woodworking machinery, timber, wood, Southeast Asia

As the trade war continues to wage between the U.S. and China, it has generated new and unexpected opportunities for HOMAG ASIA. Udo Mauerer, the newly appointed vice president of HOMAG Asia/Pacific(APAC) & China since March, is coming onboard well-prepared and with great insights of the market.  He has been with HOMAG since 2002, with …

Formaldehyde limits recommended for Malaysia's locally sold wood-based panels

23-09-2019
Formaldehyde limits, Malaysia, domestic market, wood-based panels, Ministry of Primary Industries

A regulation for a formaldehyde emission limit of ≤ 1.5 mg/L (F**/E1 class) on imported and locally produced wood-based panels products was recommended after studies by the government, reported ITTO. The majority of Malaysian manufacturers can reach this standard. Limits on formaldehyde emissions are mandatory in many consumer countries and …

Pyramid Lane first Malaysian furniture manufacturer to opt for automation

17-09-2019
Pyramid Lane, furniture, office furniture, kitchen, Asia market, manufacturer, storage system, edgebanding, automation, HOMAG Asia, Malaysia, Kuala Lumpur

Thanks to a reputation for reliability, commitment and quality, the Malaysian furniture manufacturer Pyramid Lane has put its trust in German machine technology from HOMAG. Pyramid Lane, based near Kuala Lumpur, Malaysia, has been manufacturing office furniture and kitchens specifically designed for the Asian market since 1997. The company …

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