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Latest Industry News In Asia

Indonesians withdraw export legality licensing requirement
27 March, 2020
In a shock move, the Indonesian Ministry of Trade is pushing through a new regulation withdrawing the obligation on timber and wood products companies to provide legality assurance documentation with exports.
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Coronavirus having widespread effect on timber industry
Wednesday, February 26, 2020 Timber distributors may be forced to draw up contingency plans for shipments. Major shows and events are being postponed due to the COVID-19 outbreak.
Russian Ilim group first to receive European Legal Source Certificate
Wednesday, February 26, 2020 Ilim group became the first company in Russia to receive the European Legal Source certificate. It will allow Ilim to access the European market without additional confirmation of the legality and compliance of the raw materials.
Pacific Rim Wood wins prestigious award from Indonesian government
Wednesday, February 26, 2020 Pacific Rim Wood, UK sales agents timber products from Indonesia, have been presented with the Primaduta Award by the Indonesian Government in recognition of its commitment to continuously develop products from Indonesia.
Myanmar authorities ready to cooperate with investigation in Holland
Monday, February 17, 2020 Police in the Netherlands have seized a shipment of what is said to be Myanmar teak that was being transported from the Czech Republic. The police followed up with raids of several locations in Holland.
Development of super thick plywood in Japan
Monday, February 17, 2020 Tokyo based Seihoku Plywood is developing a plywood with a thickness of more than 50mm and it is applying to obtain Japanese Organic Regulation (JAS) certificate. This would allow Seihoku to participate in the new engineered wood market.
Corrupt Indonesian timber company boss jailed for five years and fined more than $180,000
Thursday, January 23, 2020 A high court in Indonesia has upheld the conviction, jail term and fine of a corrupt timber trader. The relatively severe punishment is the first of its kind in the Indonesia timber sector.
China finally appears to be tackling the problem of illegal timber and logging
Tuesday, January 21, 2020 The Environmental Investigation Agency (EIA) reports that China is amending its Forest Law to include a nationwide ban on buying, processing or transporting illegally sourced timber.
Tricoya agreement could open way for modified wood panels in SE Asia
Thursday, January 10, 2019 Accsys, the company behind Accoya modified wood, has announced that its subsidiary, Tricoya Technologies Limited (TTL), has entered into an agreement with PETRONAS Chemicals Group Berhad (PCG) to potentially build an integrated acetic anhydride and Tricoya wood elements production plant in Malaysia.
Formica Group to be sold to Broadview
Tuesday, December 18, 2018 Formica Group is to be sold by its New Zealand owners Fletcher Building Ltd to Broadview Holding BV (‘Broadview’) for US$840m.
Global softwood lumber prices continue climb
Wednesday, June 20, 2018 Global softwood lumber prices continued their two-year climb in Q1 with the growth being higher in North America than in the Nordic countries, Russia and China, reports the Wood Resource Quarterly (WRQ).
Declining wood products trade between China and the USA
Friday, June 08, 2018 The value of the wood products trade between China and the US fell 16% in March 2018, according to the International Tropical Timber Organisation’s latest market report.
German sawmillers call for action to curb log exports to China
Friday, June 01, 2018 Germany’s main sawmilling association has called for customs and tax changes to reduce the high volumes of logs being exported to China.
Sodra results reflect higher sawn timber prices
Monday, April 23, 2018 Swedish sawmiller Sodra Wood recorded a large boost in its Q1 operating profit to SKr91m (2017 Q1: SKr3m), reflecting the higher price of sawn timber.
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.
Indonesian ambassador “proud” of FLEGT licensing first
Thursday, December 15, 2016 The Indonesian ambassador to the UK Rizal Sukma has said his country’s successful FLEGT-licensing of timber exports to the EU could be “the seeds for a global norm” in regulating and managing environmental challenges.
First FLEGT-licensed timber shipments now bound for UK
Friday, November 18, 2016 UK agents, importers and distributors are preparing for the first shipment of FLEGT-licensed Indonesian timber products, with James Latham and Plaut International among those relishing the landmark.
ITTO suspends project activities due to financial constraints
Monday, June 20, 2016 The International Tropical Timber Organisation (ITTO) has temporarily suspended external meetings and project activities due to financial constraints after learning that its investments may have suffered.
Indonesian delegation woos UK with promise of FLEGT-licensed timber
Thursday, May 12, 2016 Indonesia could now be just three months away from shipping FLEGT-licensed timber to the UK, high ranking Indonesian officials told journalists and timber traders in London earlier this week.

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