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Latest Industry News In Asia

Vietnam wood product exports grew in March
18 April, 2024
The value of Vietnam’s timber and wood products exports grew by 46% in March compared to the previous month but are lagging year ago rates, according to Vietnam’s Customs Office figures cited by the International Tropical Timber Organisation’s latest market bulletin.
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Homag and Luli Wood strike strategic agreement
Monday, April 15, 2024 Chinese panel product giant Luli Wood Industry has a new strategic partnership agreement with German woodworking manufacturer Homag Group.
New report says Belarusian timber entering EU via Poland to beat sanctions
Wednesday, April 03, 2024 A multi-agency investigative report has outlined how Belarus is allegedly circumventing EU timber sanctions by exporting wood via other countries.
Duties to be imposed on Russian birch plywood circumventing anti-dumping measures
Friday, March 08, 2024 The European Commission is to impose duties on Russian birch plywood products entering the EU through Kazakhstan and Turkey, following a months long investigation.
NeXTimber CLT/glulam plant opens in Australia
Monday, March 04, 2024 Australia’s first combined CLT (cross-laminated timber) and glulam factory has opened in South Australia.
Egger Group acquires minority stake in Thai Panel Plus
Tuesday, January 09, 2024 Egger has made a move to strengthen its position in Asia by acquiring a 25.1% minority stake in the Thai wood-based material manufacturer Panel Plus Co Ltd.
UK tropical hardwood plywood imports from China grow in 2023
Wednesday, November 01, 2023 The UK imported 61,000m3 of tropical hardwood plywood from China in the first eight months of 2023, 57% more than the same period last year, according to the latest bulletin from the International Tropical Timber Organisation (ITTO).
European Commission investigates suspected Russian birch ply imports
Monday, October 02, 2023 The European Commission has launched an investigation into the suspected circumvention of anti-dumping measures imposed on imports of birch plywood originating in Russia.
Vietnam wood product exports rise 9% in first 11 months of 2022
Friday, December 16, 2022 Vietnamese exports of timber and wood products reached nearly US$14.6bn in the first 11 months of 2022 – equivalent to a 9% increase on a year ago – according to statistics shared in the International Tropical Timber Organisation’s (ITTO) latest market bulletin.
Nordic sawmillers post record results but signal caution on autumn market dynamics
Tuesday, August 16, 2022 Nordic sawmillers have reported some record-breaking financial results in recent weeks but are signalling that some highly uncertain times may lay ahead for markets in the autumn.
Importers and buyers of birch ply warned about circumventing ban on Russian wood
Monday, August 08, 2022 Timber Development UK (TDUK) has warned importers and buyers of birch plywood to ensure they don’t fall foul of sanctions on Russian wood, after it emerged that product containing Russian birch is being traded illegally through alternative trade channels.
Malaysia’s wood products trade and exports grow in Q1
Thursday, June 23, 2022 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.
Stora Enso’s wood products division posts record Q1 results
Thursday, April 28, 2022 International forest product manufacturer Stora Enso has posted record Q1 earnings in its wood products division thanks to significantly higher prices than a year ago.
Russia-Ukraine conflict impacts may lead to European sawmillers’ limiting overseas exposure to fewer markets
Wednesday, April 27, 2022 Softwood market conditions influenced by ramifications of the Russia-Ukraine conflict could result in European sawmillers limiting their overseas exposure to fewer markets that fit their product mix and risk tolerance, according to the latest bulletin from Wood Resources International (WRI).
Stora Enso divests its sawmills and forest operations in Russia
Monday, April 25, 2022 Stora Enso has entered into an agreement to divest its two sawmills in Russia.
UK Government applies 35% additional import tariffs on Russian wood products
Monday, March 28, 2022 The UK government has added a 35% additional import tariff on Russian and Belarusian wood products.
Softwood update: Russian and Belarussian wood in the spotlight
Wednesday, March 16, 2022 As the invasion of the Ukraine by Russia unfolds and the subsequent humanitarian crisis there grips the world’s attention, trade actions and government sanctions are being imposed by the UK, the EU and countries across the globe, writes TTJ’s Softwood Specialist.
TDUK advises against Russia and Belarus trading
Wednesday, March 09, 2022 Timber Development UK (TDUK) is advising members to cease trading with Russia and Belarus if they have not done so already.
Stora Enso stops production and sales in Russia
Friday, March 04, 2022 Stora Enso has announced that it will stop all production and sales in Russia until further notice due to the ongoing invasion in Ukraine.
First Desert Board branded date palm OSB produced by Al Talah
Tuesday, January 18, 2022 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.

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