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Latest Industry insight Update

Groups welcome Budget housing sector boost
23 November, 2017
The Construction Products Association (CPA) and Timber Trade Federation are among groups welcoming the government’s Budget moves to help the construction sector.
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UK timber import slowdown predicted
Tuesday, November 21, 2017 The Timber Trade Federation (TTF) is predicting a slowdown in the UK’s softwood imports for 2018.
Grafton reports positive first half
Thursday, August 31, 2017 Grafton Group plc has reported a 9% increase in revenue to £1.3bn and a recovery in profitability in traditional UK merchanting business in the six months to June 30.
Persimmon says UK housing market remains confident
Thursday, August 24, 2017 UK national housebuilder Persimmon plc has reported a 30% increase in first half pre-tax profits to £457.4m, describing the housing market as remaining “confident”.
Charles Hopping addresses softwood conference
Wednesday, August 23, 2017 Hopping Softwood Products chairman Charles Hopping will be among presenters at the 2017 International Softwood Conference (ISC)
Private new home registrations down 7% in Q2
Monday, August 21, 2017 Developers registered 40,000 new homes to be built in the UK during Q2 2017, according to NHBC’s latest new home registration statistics.
Builders merchants’ positive sales trend continues
Monday, August 21, 2017 A continuing positive trend for UK builders merchants was reported in Q2, according to the latest data from the Builders Merchants Federation’s (BMF) Builders Merchants Building Index (BMBI).
Material prices are soaring, says FMB
Monday, July 31, 2017 A third of small building firms say that soaring material prices are squeezing their margins and almost a quarter have had to pass these price increases onto consumers, according to research by the Federation of Master Builders (FMB).
Timber Industries APPG reformed following election
Thursday, July 27, 2017 The Confederation of Timber Industries (CTI) has announced the reconstitution of the Timber Industries All Party Parliamentary Group (APPG), following the general election.
EU lobbyist to speak at TIMCON AGM
Thursday, July 27, 2017 A prominent EU lobbyist will present his prognosis for Brexit at the annual general meeting of the Timber Packaging & Pallet Confederation (TIMCON) next month.
UK softwood market quietens down
Thursday, July 27, 2017 The UK softwood market quietened down as the trade moved in to July tempered by the political outfall from the general election, Brexit uncertainty and a sombre aftermath of the Grenfell Tower fire tragedy.
UK timber product imports rise 18% in Jan-Feb
Tuesday, May 16, 2017 UK timber product import volumes increased by 18% in the first two months of 2017 compared to a year ago, according to the Timber Trade Federation’s (TTF) latest statistics bulletin.
US predicted to import more wood from Europe
Thursday, May 04, 2017 Increased European lumber exports to the US are being widely predicted this year due to a combination of soaring US lumber prices and Canadian lumber exports being hit with new import tariffs on the American border, says Wood Resource Quarterly (WRQ).
Stora Enso’s wood products division sees 34% Q1 earnings growth
Tuesday, May 02, 2017 Stora Enso’s wood products division has recorded a 34% improvement in Q1 operational earnings before interest, tax, depreciation and amortisation (EBITDA) compared to a year ago.
Substantial growth recorded in China’s sawn timber imports
Thursday, April 20, 2017 Data from China’s customs authorities shows substantial growth in sawn timber imports in 2016, according to the International Tropical Timber Organisation’s latest market report.
EU plywood imports rise to near record level
Tuesday, April 18, 2017 EU imports of plywood increased by 8% to 4.13 million m3 in 2016, the second highest level ever recorded, according to the International Tropical Timber Organisation’s latest market report.
Funding secured for world’s first Tricoya chip plant in Hull
Wednesday, March 29, 2017 Modified wood producer Accsys Technologies has secured €68m funding to build, operate and finance the world’s first Tricoya modified wood chip manufacturing plant in Hull.
UK timber product imports reach nine-year high
Tuesday, March 14, 2017 UK imports of timber and panel products are at their highest level for nine years, according to the Timber Trade Federation’s (TTF) latest statistics.
Rorvik Timber announces two sawmill closures
Tuesday, March 07, 2017 Swedish sawmiller Rörvik Timber has announced that it is to shut its two sawmills at Boxholm and Myresjöfönster.
Farmer Review author speaks to UK trussed rafter sector
Friday, March 03, 2017 The current surge of interest in innovative offsite housing technologies should not be seen as a threat to the established trussed rafter sector, the author of the influential Farmer Review has told the Trussed Rafter Association (TRA) AGM.
Travis Perkins “cautious” due to mixed market signals
Thursday, March 02, 2017 Travis Perkins has reported a strong annual financial performance but says it is adopting a “cautious” approach due to mixed market signals.

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