Ponsse’s consolidated net sales for the 1H 2020 amounted to Euro 276.4 million, which is 12.5% less than in the 1H 2019. Net sales were regionally distributed as follows: Northern Europe 42.9%, Central and Southern Europe 22.8%, Russia and Asia 11.5%, North and South America 22.1% and other countries 0.7%….
Due to the challenging market situation relating to raw veneers, the JAF Group has decided to provisionally discontinue its production of raw veneers at the Group’s J.F.Furnir plant in the Romanian city of Braşov with effect from October. The JAF Group’s decision is in response to the commercial challenges of…
EU exports to Vietnam are taxed less as of 1 August. This is the immediate effect of the entry into force of the EU-Vietnam trade agreement that will ultimately scrap duties on 99% of all goods traded between the two sides. Doing business in Vietnam will also become easier for European…
According to reports a Northwest International Timber Trading Center has been established in the Zhongchuan North Station Logistics Zone in the Lanzhou New Area, which functions as a national level logistics hub. With completion of the trading centre there has been created a new service platform and industrial supply chain…
In recent months many plantation owners have reported the presence of disease in Vietnam’s acacia plantations which, it has been identified, is caused by the leaf fungus, Ceratocystis manginecans. The Vietnam Academy of Forest Science (VAFS) has warned this fungus, if not checked, could damage all acacia species planted in…
Vietnam Administration of Forestry reports earnings of just over US$5 billion from wood product exports in the first half of 2020, up 2.4% year on year. In June alone export earnings topped US$900 million. Imports to Vietnam decreased by 8.5% compared to the first half of 2019. Their value reached…
According to China Customs data in the first half of 2020 China’s log imports showed a year on year decline of 68% in volume and 70% in value. While New Zealand’s log exports to China fell by 70%, the country still held position 1 among the suppliers with 5.25 million…
Despite the corona crisis, in the first half of 2020, Germany produced 1.502 million tonnes of wood pellets, thus breaking a new record. The German Energy Wood and Pellet Association eV (DEPV) justifies this with the increasing demand for climate-friendly fuel in Germany and abroad paired with a very good…
