All articles by spowney
spowney
European wood panel production grows 10% in 2021
European wood-based panel production was up 10% in 2021, according to new stats shared at the European Panel Federation’s AGM in Ghent.
James Latham reports exceptional annual financial results
UK leading timber products distributor James Latham plc recorded a 54% growth in sales to £385.4m in the financial year ended March 31, 2022, according to its newly announced annual results.
BMBI report reveals drop in builders’ merchant volume sales in April
The latest Builders Merchant Building Index (BMBI) report reveals that builders’ merchants’ value sales fell 0.9% in April 2022 compared to the same month in 2021, the first decline since January 2021.
Scottish woodchip biochemical project funding boost
A sustainable startup converting low-value woodchips into high-value biochemicals has secured US$1.7m in an oversubscribed seed round led by London Business School’s Enterprise 100 Club (E100 Club) and ACF Investors.
Nordtreat launches Norflam at Carrefour International du Bois
Finnish fire protection solutions manufacturer Nordtreat introduced a new product at the Carrefour International du Bois tradeshow recently.
National Timber Group launches management development programme in Scotland
The National Timber Group (NTG) has launched a management development programme to boost career paths within the group’s companies in Scotland.
Malaysia’s wood products trade and exports grow in Q1
Malaysia’s total trade in timber and wood products increased by 10% to RM8.64bn (2021 Q1: RM7.89bn) in the first quarter of 2022, compared to the same period in 2021, according to the International Tropical Timber Organisation’s (ITTO) latest market report.
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.
Setra offers moisture protection for CLT
Swedish timber company Setra is claiming to be the first business in Sweden to offer a new moisture protection for frames made from cross-laminated timber (CLT).
Stora Enso revises earnings forecast upwards
Stora Enso has revised its 2022 earnings forecast, saying it now expects full year 2022 operational EBIT guidance will be exceeded.