Asia - Page 2
Stay up to date with the news updates from Asia.
Tallest timber tower project unveiled in Australia
Software giant Atlassian is to build a world-beating 40-storey hybrid timber HQ building in Sydney, Australia.
Software giant Atlassian is to build a world-beating 40-storey hybrid timber HQ building in Sydney, Australia.
Russian log exports down 23%
Russia’s export of sawn goods totalled 4.1m tons Q1 2020 - down 7.5% year-on-year. Log exports decreased by 23.8% to 2.89m m3.
Russia’s export of sawn goods totalled 4.1m tons Q1 2020 - down 7.5% year-on-year. Log exports decreased by 23.8% to 2.89m m3.
Indonesia u-turn on timber rule changes
Indonesia has rowed back on plans to weaken rules for the timber exports, following warnings the proposed move would undermine efforts to combat illegal logging and deforestation.
Indonesia has rowed back on plans to weaken rules for the timber exports, following warnings the proposed move would undermine efforts to combat illegal logging and deforestation.
High-capacity timber wagons ordered in Russia
Leasing company Dessa has ordered a further batch of timber wagons from United Wagon Co. to be delivered by end of May, and will be leased to Sodex.
Leasing company Dessa has ordered a further batch of timber wagons from United Wagon Co. to be delivered by end of May, and will be leased to Sodex.
Segezha continues to invest in plywood operations
Leading Russian forest product group Segezha Group is continuing to invest in its plywood operations and increase output.
Leading Russian forest product group Segezha Group is continuing to invest in its plywood operations and increase output.
Moen Wood makes inroads in Japan construction market
A design for fire-proof wooden structures is making increasing inroads in Japan’s construction industry, according to newspaper The Asahi Shimbun.
A design for fire-proof wooden structures is making increasing inroads in Japan’s construction industry, according to newspaper The Asahi Shimbun.
Indonesians withdraw export legality licensing requirement
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.
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.
Coronavirus having widespread effect on timber industry
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.
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
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.
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
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.
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
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.
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
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.
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
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.
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
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.
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
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.
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
Formica Group is to be sold by its New Zealand owners Fletcher Building Ltd to Broadview Holding BV (‘Broadview’) for US$840m.
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
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).
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
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.
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
Germany’s main sawmilling association has called for customs and tax changes to reduce the high volumes of logs being exported to China.
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
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.
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.