News archive

Tag: timber

Myanmar Timber Enterprise releases financial statements for the first time

18-01-2021
Myanmar, timber trade, timber supply, Myanmar Timber Enterprise

For the first time, the Myanma Timber Enterprise (MTE) has published consolidated income statements detailing sales, operational costs, taxes, contributions to the state and net profit for the fiscal years 2016 to 2017, reported the International Tropical Timber Organization (ITTO). This disclosure marks a significant initiative from MTE to …

UK: Timber imports continue strong market recovery

13-01-2021
Timber Trade Federation, TTF, United Kingdom, import, timber, market

(Photo: Timber Trade Federation) The Timber Trade Federation's (TTF) monthly report reveals total import volumes for main timber and panel products were 21% higher in October 2020 compared to October 2019 levels, as import volumes in the month soared above the 1 million m3 mark. However, even this strong performance cannot compensate for the …

Editor’s pickMalaysia: Timber exports for 1H 2020 better than expected

16-12-2020
Malaysia Timber Industry Board, timber, export, market overview

The Malaysia Timber Industry Board (MTIB) has reported on the export performance of the timber industry in the first half of the year to see the effects of the COVID-19 pandemic on exports. The value of exports of all wood products for the first half of this year was RM9,601 million – some 9% below 1H 2019 exports of RM10,565.21 …

Chinese companies are buying more timber via Belarusian Universal Commodity Exchange

11-12-2020
China, Belarus, trade, timber, wood products

In October 2020, companies from China purchased over US$1 million worth of sawn timber via the Belarusian Universal Commodity Exchange (BUCE), which exceeds the monthly average. BUCE analysts believe that simplification of the accreditation procedure contributed to the influx of Chinese buyers. “Starting from October, Chinese …

UPM Kymmene joins PEFC as international stakeholder member

10-12-2020
PEFC, sustainability, regulations, timber, forestry

During the 25th General Assembly of the Programme for the Endorsement of Forest Certification (PEFC), it was announced that UPM Kymmene Corporation has been accepted by PEFC as an international stakeholder member. “We are delighted to see the PEFC alliance grow further, even in these challenging times,” said Ben Gunneberg, PEFC's …

Editor’s pick21st Australian Timber Design Awards winners announced

10-12-2020
Australia, timber, design, architecture

The Annual Australian Timber Design Award winners for 2020 were announced on 2 December 2020 at a virtual event, with BVN and TTW receiving first prize for their Marrickville Library project. Marrickville Library (Photo: Tom Roe) The Marrickville Library and community centre is located on the site of the former Marrickville Hospital site which …

Malaysia: Sarawak "Timber Master Plan" in the making

03-12-2020
Malaysia, Sarawak, timber trade

Sarawak’s Deputy Chief Minister, Awang Tengah Ali Hasan, has indicated that a Timber Industry Master Plan will be released to chart the direction of the timber industry, reports the International Tropical Timber Organization (ITTO). The Master Plan envisages that timber industries in the Malaysian state will achieve export earnings of RM8 …

PEFC receives highest rating against ASEAN RAI guidelines

30-11-2020
PEFC, ASEAN Rai, regulations, sustainability, forestry, timber

The Programme for the Endorsement of Forest Certification (PEFC) has received the highest rating against the ASEAN Guidelines on Promoting Responsible Investment in Food, Agriculture and Forestry (ASEAN RAI) launched on 3 November 2020. The ten guidelines of the ASEAN RAI are part of a broad range of initiatives aiming to ensure that investments …

Stora Enso approved to produce and deliver CLT panels to the US

25-11-2020
Stora Enso, CLT, cross-laminated timber, construction, building, United States

(Photo: Stora Enso) Stora Enso has received approval for producing and delivering cross-laminated timber (CLT) panels to the United States in accordance to the International Building Code® (IBC). They can now be produced to be certified in compliance with the North American CLT standard ANSI/APA PRG 320-2019, Standard for …

UK: Laing O’Rourke awarded Landsec's £195 million net zero carbon Timber Square development project

23-11-2020
timber building, net zero carbon, architecture

Landsec and Laing O’Rourke have today signed a pre-construction services agreement (PCSA) for the final design and planning of the main construction of £195 million Timber Square development. A start date is yet to be confirmed for the scheme which comprises of circa 370,000 sq ft of mixed-use space, including 350,000 sq ft of grade …

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News archive

Tag: timber

Editor’s pickMalaysia: Timber exports for 1H 2020 better than expected

Editor’s pick21st Australian Timber Design Awards winners announced

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