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Latest Industry News In Asia

China finally appears to be tackling the problem of illegal timber and logging
21 January, 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.
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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.
Indonesia moves closer to FLEGT licences
Friday, April 22, 2016 Indonesia is moving closer to being the first nation to start a licensing scheme for legal timber exports to the EU as part of the Forest Law Enforcement, Governance and Trade (FLEGT) process.
Indonesian exhibition row over timber legality system
Tuesday, March 15, 2016 A row erupted at last week’s IFEX 2016 Furniture Show over the Timber Legality Assurance System (SVLK) for Export Licensing in Indonesia, according to a TTJ contact in the region.
Chinese wood import value declines 25% in past year
Wednesday, January 20, 2016 The import value of logs and lumber to China has fallen by 25% in 12 months because of declining housing constructions, reports Wood Resource Quarterly (WRQ).
New Russian sawmill opens
Tuesday, December 15, 2015 A new Russian sawmill near the border with Latvia was officially opened on November 14 in the village of Dedovichi, Pskov region.
Global sawlog prices hit low levels in Q2
Monday, October 05, 2015 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
Wednesday, September 16, 2015 An annual sawmill directory will be published in TTJ, starting this November.
Premier sells OSB to China
Thursday, August 13, 2015 One of the UK’s biggest suppliers of timber to the British furniture trade has turned the tables on the traditional supply chain.

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