Russia’s ULK Group is investing about Euro 400 million in one of the country’s biggest sawmill investments. Their ambition is to have one of the world’s largest and most modern sawmills, with an annual capacity of more than 1 million cubic meters (425,000 MBF) sawn timber and 600,000 t pellets…
Ingka Group, IKEA’s parent company, is increasing the pace of investment to meet the retailer’s overall goal of becoming climate positive by 2030. Over the coming year, the group plans to invest an additional EUR 600 million in companies, solutions and its own business operations to help create a carbon-free economy….
China’s log imports fell sharply in the first half of 2020 to 24.51 million cubic metres valued at US$3.558 billion, down 60% in volume and 62% in value from the same period of 2019. Of total log imports, softwood log imports fell 61% to 17.64 million cubic metres, accounting for…
National trade statistics for the first four months of this year illustrate the impact of the pandemic on the performance of timber exporters. Malaysian export earnings for the period January to April 2020 fell 10% year on year to RM6.4 billion. Malaysian sawnwood export volumes for January to April 2020…
The downturn in EU imports of wood and wood furniture products during the initial period of the COVID-19 pandemic may be less severe than first forecast. As expected, EU27 (i.e. excluding the UK) tropical wood and wood furniture product imports fell sharply in May in response to supply side problems…
Since the Swiss obligation to declare wood and wood products, which has been in force since 2012, follows a completely different approach than the EU Timber Trade Regulation (EUTR) that came into force in 2013, a Swiss Wood Trade Regulation is intended to eliminate the resulting competitive disadvantages. The EUTR…
In July 2020 the value of Brazilian exports of wood-based products (except pulp and paper) increased 14.8% compared to July 2019, from US$234.1 million to US$268.8 million. The value of pine sawnwood exports increased 24% between July 2019 (US$39.4 million) and July 2020 (US$48.9 million). In volume terms exports increased…
Microtec to supply scanners to SCA’s Bollstabruck sawmill in Sweden. The project includes the implementation of a CT Log and a Logeye 302D fingerprint scanner in front of the sawing line. Microtec will also install two Goldeneye 900 Multi-Sensor Quality scanners for green sorting and another Goldeneye 900 for dry sorting. The…
The World Trade Organization (WTO) has ruled in favour of Canada in its challenge of the United States Department of Commerce’s 2017 subsidy determination against Canadian softwood lumber products. After a two-year review of the US Department of Commerce’s findings with respect to countervailing duties, the WTO panel agreed with…
Made from nanofibrillar cellulose origined in Finnish birch trees, FibDex wound dressing is supposed to be UPM Biomedicals’ door opener to the medical device market. It’s the first clinical product of the company UPM and shows promising signs for future developments, such as cell therapy. The product was developed in collaboration…
