The total value of EU imports of tropical timber products (including direct imports and imports via third countries such as China) increased 7% to 4.16 billion euro in 2019. This follows a 2% increase in import value in 2018. The share of tropical timber in the total value of EU…
On 12 February US Representative Bruce Westerman, an Arkansas engineer and forester by profession, introduced H.R. 5859, the Trillion Trees Act, which aims to bring about the planting of 1 trillion trees globally by 2050 and incentivise the use of wood products as carbon sequestration devices. The legislation includes provisions…
The total value of EU28 imports of wood products was 20.51 billion euro in 2019, 4% more than in 2018. This followed an increase of 5% to 19.7 billion euro in 2018. In 2019 EU28 import value was at the highest level since 2008 just before the global financial crises….
Maibec announced a joint agreement with LP to acquire East River facility located in Nova Scotia, Canada as well as the assets and brand rights for CanExel®, the fiber-based siding product manufactured there. The closing of this transaction is subject to customary closing conditions and is expected to occur in the second…
The German Sawmill and Wood Industry Association (DeSH) and the Arbeitsgemeinschaft Rohholz eV (AGR) have decided that after the spread of the coronavirus in Germany to postpone the sawmill congress in Würzburg, which is planned for March 11 and 12, 2020. The event in combination with the AGR raw material…
NürnbergMesse has decided to postpone FENSTERBAU FRONTALE and HOLZ-HANDWERK. The trade fair duo will not take place as planned from March 18-21, 2020, but at a date 2020 to be determined in Nuremberg. The reason for the shift is the increased prevalence of the corona virus and corresponding feedback from…
The German Ministry of Agriculture, BMEL, has published updated data on the ravages suffered by the German forest for two years following storms, periods of extreme drought, fires and attacks by bark beetles. By adding the estimates for the current year, the ministry estimates that the volume of attacked or damaged…
The talk in the Malaysian timber industry, indeed in most of the industrial sector is on the coronavirus and how it will affect business. Trade analysts in Malaysia report a mood of pessimism among the timber exporters with some anticipating “very bad business” as the disruptions from the latest coronavirus…
The Salone del Mobile furniture fair in Milan has been postponed until 16-21 June in response to Italy’s coronavirus outbreak. Salone del Mobile, which is the world’s largest and most important furniture fair, was due to take place between 21 and 26 April. However, the surge in cases of the new Covid-19 strain of coronavirus in…
The coronavirus outbreak that originated from China has now infected more than 80,000 people globally and is currently spreading in Europe and the Middle East tumbling markets across the world. As the virus advances throughout the world, wood trade in and with China is at the moment disrupted and suffering…
