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Latest Industry News In Asia

Indonesian ambassador visits UK timber companies
19 July, 2021
In a bid to encourage UK timber importers to increase their purchase of legal and sustainable timber from Indonesia, a delegation from the Embassy of the Republic of Indonesia has visited a number of manufacturers across the country.
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Segezha to consolidate CJSC Novoyeniseiskiy Wood Chemical Complex
Wednesday, May 26, 2021 Russian integrated forest products Segezha Group has announced plans to consolidate 100% of CJSC Novoyeniseiskiy Wood Chemical Complex.
Researchers examine wood applications for space satellites
Monday, January 04, 2021 Researchers in Japan are reportedly looking at the possibility of satellites being made from wood in the future, according to Nikkei Asia.
Tallest timber tower project unveiled in Australia
Friday, June 26, 2020 Software giant Atlassian is to build a world-beating 40-storey hybrid timber HQ building in Sydney, Australia.
Russian log exports down 23%
Friday, May 29, 2020 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
Tuesday, May 19, 2020 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
Tuesday, May 19, 2020 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
Friday, April 24, 2020 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
Wednesday, April 15, 2020 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
Friday, March 27, 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.
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).

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