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Stay up to date with the news updates from Africa.Latest Industry News In Africa
Ghana wood product exports drop 16% in Q3
Ghana’s wood exports saw a 16% decrease in volumes terms in Q3, 2023, compared to the preceding quarter, according to Ghana Forestry Commission data shared by the International Tropical Timber Organisation (ITTO).
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Ghana’s wood exports saw a 16% decrease in volumes terms in Q3, 2023, compared to the preceding quarter, according to Ghana Forestry Commission data shared by the International Tropical Timber Organisation (ITTO).
> read more
World first date palm MDF plant project starts in Egypt
Dieffenbacher is to supply the world’s first plant for the production of MDF from date palm fronds to Egypt.
Dieffenbacher is to supply the world’s first plant for the production of MDF from date palm fronds to Egypt.
African mills feel the effects of reduced Chinese demand
African sawmill and plywood facility operators are encountering significant difficulties due to reduction in demand from the Chinese market, according to the latest bulletin from the International Tropical Timber Organisation (ITTO).
African sawmill and plywood facility operators are encountering significant difficulties due to reduction in demand from the Chinese market, according to the latest bulletin from the International Tropical Timber Organisation (ITTO).
Woodbois achieves big revenue growth in half-year
Africa focused forestry and timber trading company Woodbois Limited has announced a 38% increase in revenues during the first half of 2022.
Africa focused forestry and timber trading company Woodbois Limited has announced a 38% increase in revenues during the first half of 2022.
Ghana wood export volume up, but value down
Newly-released Ghana wood product export figures from the Timber Industry Development Division (TIDD) of the Forestry Commission for January to February 2022 show a 5% increase in export volumes but a decline of over 15% in export earnings compared to the previous year, according to the International Tropical Timber Organisation’s latest market report.
Newly-released Ghana wood product export figures from the Timber Industry Development Division (TIDD) of the Forestry Commission for January to February 2022 show a 5% increase in export volumes but a decline of over 15% in export earnings compared to the previous year, according to the International Tropical Timber Organisation’s latest market report.
Woodbois boosts turnover and profits in 2021
African forestry and timber trading firm Woodbois Ltd has reported a 14% growth in turnover for 2021 to US$17.5m and a 186% rise in gross profit to US$3.5m.
African forestry and timber trading firm Woodbois Ltd has reported a 14% growth in turnover for 2021 to US$17.5m and a 186% rise in gross profit to US$3.5m.
First Desert Board branded date palm OSB produced by Al Talah
Al Talah Board from Abu Dhabi, United Arab Emirates (UAE), has produced its first “Desert Board” branded OSB products made using recycled date palm tree waste.
Al Talah Board from Abu Dhabi, United Arab Emirates (UAE), has produced its first “Desert Board” branded OSB products made using recycled date palm tree waste.
Woodbois reports healthy revenue increase and completion of Primultini sawmill line
African forestry and timber trading firm Woodbois Limited has reported increased revenues in H1 2021 and expects sawn timber output to grow by 30% in H2.
African forestry and timber trading firm Woodbois Limited has reported increased revenues in H1 2021 and expects sawn timber output to grow by 30% in H2.
Azobé chosen for Europe’s longest bike – and bat – bridge
The new Blauwe Loper – or Blue Carpet – tropical timber cycle and pedestrian bridge in the Netherlands has been heralded as a trendsetter in circular, sustainable bio-based construction. Reinforcing its environmental credentials, it is even designed to be bat friendly.
The new Blauwe Loper – or Blue Carpet – tropical timber cycle and pedestrian bridge in the Netherlands has been heralded as a trendsetter in circular, sustainable bio-based construction. Reinforcing its environmental credentials, it is even designed to be bat friendly.
“Resilience and flexibility” key at current time, says Woodbois Ltd
African sawmilling and veneer business WoodBois Ltd has reported a 10% increase in Q1 revenue to US$4.9m.
African sawmilling and veneer business WoodBois Ltd has reported a 10% increase in Q1 revenue to US$4.9m.
African hardwood business reports better year
International African hardwood focused business Woodbois has posted a big increase in revenue and a cut in its pre-tax losses.
International African hardwood focused business Woodbois has posted a big increase in revenue and a cut in its pre-tax losses.
Court grants Rougier permission to restructure African business
International tropical hardwood specialist Rougier has gained court permission for restructuring measures after filing for insolvency protection.
International tropical hardwood specialist Rougier has gained court permission for restructuring measures after filing for insolvency protection.
Rougier upbeat despite sales dip
French-based African hardwood and plywood producer and distributor Rougier expects growth to resume in the second half, after a difficult first six months.
French-based African hardwood and plywood producer and distributor Rougier expects growth to resume in the second half, after a difficult first six months.
Mesta Wood improves first half profits
Finnish sawmiller Metsa Wood increased its profits in the first half of 2016 and predicts the market balance and sales prices of sawn timber “to improve as a whole” going forward.
Finnish sawmiller Metsa Wood increased its profits in the first half of 2016 and predicts the market balance and sales prices of sawn timber “to improve as a whole” going forward.
Rougier reports €2.7m pre-tax losses in “mixed global economic environment”
French-based tropical timber and plywood producer Rougier recorded a €2.7m loss in 2015 due to a mixed global economic environment, according to the company’s newly published annual results.
French-based tropical timber and plywood producer Rougier recorded a €2.7m loss in 2015 due to a mixed global economic environment, according to the company’s newly published annual results.
Global sawlog prices hit low levels in Q2
The Global Sawlog Price Index (GSPI) fell in the second quarter to its lowest level in six years, according to industry bulletin the Wood Resource Quarterly.
The Global Sawlog Price Index (GSPI) fell in the second quarter to its lowest level in six years, according to industry bulletin the Wood Resource Quarterly.
TTJ to feature sawmill directory
An annual sawmill directory will be published in TTJ, starting this November.
An annual sawmill directory will be published in TTJ, starting this November.
Ghana timber export volumes rise 21%
Latest export statistics from Ghana show the country’s timber product shipments rose 21% in the first nine months of 2014, according to the International Tropical Timber Organisation. (ITTO).
Latest export statistics from Ghana show the country’s timber product shipments rose 21% in the first nine months of 2014, according to the International Tropical Timber Organisation. (ITTO).
IFO certificate completes Danzer FSC process
The renewal of the FSC certification of Danzer’s Republic of Congo operation Industrie Forestière d’Ouesso (IFO) sets the seal on the company’s wider reassociation into the scheme in August.
The renewal of the FSC certification of Danzer’s Republic of Congo operation Industrie Forestière d’Ouesso (IFO) sets the seal on the company’s wider reassociation into the scheme in August.
Malaysian trade mission boosts exports
A Malaysian Timber Council (MTC) marketing mission to Qatar, Oman and Kuwait has secured around RM6m worth of export orders.
A Malaysian Timber Council (MTC) marketing mission to Qatar, Oman and Kuwait has secured around RM6m worth of export orders.
