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Shi Quan Yap

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The Vietnam Timber and Forest Product Association (VIFORES) has set a target for exports of US$17.5–18 billion in 2022, in spite of challenges.VIFORES pointed out that the five main export groups of the wood industry have good growth prospects in 2022. “In 2022, the goal of the export wood...
Deutsche Messe has announced that the next edition of DOMOTEX will take place in Hannover, Germany, from 12-15 Jan 2023.The decision on the date in January 2023 was taken following intensive market discussions. DOMOTEX will be a face-to-face event with additional digital offerings, which means exhibiting companies and...
According to a press release by the Malaysia Timber Council (MTC), the Malaysian timber industry has managed to sustain itself fairly well despite COVID-19 and its associated economic fallout.Demand for Malaysian timber-based products especially furniture grew in early 2020 as people around the world began working from home, leading...
The HOMAG Group has announced their earnings for FY2021, registering the "highest order intake" in its history, with sales and earnings increased compared to the previous year.In addition to high demand in the furniture industry, growing business in production equipment for the construction of sustainable timber houses also contributed...
Beaulieu International Group (BIG) has announced further price increases for its flooring product brands to take effect in Q2 2022, or as contract terms allow.“We are committed to offering value and service to our customers in a context where the cost to serve is continuing to increase significantly. The...
Weinig Holz-Her Canada, a subsidiary of the Weinig Group has announced the acquisition of their long-time sales partner, Machinerie Godin, to strengthen its sales network.Founded in 1989, Machinerie Godin has been a Weinig sales and service office in Quebec, Canada, and the Maritime provinces for several decades. This purchase...
Headquartered in Ho Chi Minh City, the Vietnamese Kim Tin Group has commissioned Dieffenbacher to supply two medium-density fibreboard (MDF) plants, with a combined production capacity of 1 million m3 per year, for its sites in Chon Thanh, Binh Phuoc province and Dau Giay, Dong Nai province.Founded in 2000,...
Stora Enso has announced that they are the main partner of a new construction project in Stockholm, Sweden, responsible for delivering wood construction materials.The construction of Wisdome Stockholm, a scientific experience arena, is now underway. The building at Sweden’s National Museum of Science and Technology in Stockholm will champion...
From 15-17 Mar 2022, Biesse will be hosting their open house at the UK Tech Centre, presenting a range of wood processing technologies that can help to increase quality and efficiency with live machinery and software demonstrations.Specialists will be on-site to help customers find optimal solutions to their production...
The SCM Group has announced the corporate reorganisation of share capital following the exit of a branch of the Gemmani family from the corporate structure.After the exit, the SCM Group will be led by the three founding families, who will remain owners on an equal footing.According to SCM, the...