News archive

Forest product exports now one of Vietnam’s top three commodities

17-01-2020
Vietnam, forest products, top three, commodities, Vietnam Timber and Forest Product Association, 2025 target

Having achieved exports of over US$11 million in 2019, a year-on-year increase of 18%, the industry is expected to achieve US$20 billion in export earnings by 2025, said Nguyen Xuan Cuong, Vietnam’s Minister of Agriculture. He spoke about Vietnam’s timber products performance at a meeting with the Vietnam Timber and Forest Product …

India's American hardwood lumber and veneer imports on track to have a record year

17-01-2020
Furniture market, India, AHEC, hardwood lumber, veneer, exports, red oak, INDIAWOOD, furniture manufacturing

A booming furniture market is expected to drive up demand for American hardwoods in India this year, according to the American Hardwood Export Council (AHEC), the leading international trade association for the American hardwood industry. With the total value of American hardwood lumber and veneer exports to India reaching USD 5.272 million in the …

Sarawak Timber Association warns of effects of raising minimum wages

17-01-2020
Sarawak Timber Association, minimum wage hike, government policy, rising costs, plywood, logs, exports, foreign labour, production, costs

Sarawak Timber Association (STA) expressed concerns over the Government’s latest decision to raise minimum wages (MW) to RM1,200 in 57 major cities and towns effective from 1 January 2020. In its press release, STA said that while the association continues to support the Government’s efforts and policies in spurring sustainable and …

NHLA: Hardwood Lumber Included in the Trade Deal

16-01-2020
NHLA, limited trade agreement, trade war, dispute, China, United States, Phase One, Washington, Beijing, hardwood lumber, inclusion

The U.S. and China formalised a limited trade agreement today, signalling a truce in the nearly two-year trade war between the world’s two largest economies and sets the stage for a broader agreement down the road. The “Phase One” agreement is the product of months of intense talks between officials in Washington and Beijing. It …

Queensland’s government and local company developed new sustainable timber product

16-01-2020
Queensland, Department of Agriculture and Fisheries, Eco Cottages, research and development, new, sustainable timber, product, high-quality, cypress, glulam, beams

Queensland’s Department of Agriculture and Fisheries (DAF) and Eco Cottages have collaborated to research and develop a new sustainable timber product, leading to additional jobs being created.  “An innovative collaboration between DAF and Eco Cottages, which began in 2017, has resulted in high-quality cypress glue-laminated …

Indonesia's forestry industry anticipates boost this year after exports fall to $11.6b in 2019

15-01-2020
Indonesia, wood products, exports, decline, veneer, panels, furniture, Association of Indonesia Forest Concessionaires, trade war, competitiveness

Indonesian’s wood products exports totalled US$11.6 billion in 2019, a 4 per cent drop from the previous year due to falling demand due to the ongoing trade war and the weak competitiveness of local products. Industry players, however, are more optimistic come 2020, thanks to policy reforms, reported Jakarta Post. Wood veneer, …

Välinge signs license agreement with Chinese flooring producer Jiangsu Beier Decoration Materials

15-01-2020
Välinge, license agreement, Chinese, flooring producer, Jiangsu Beier Decoration Materials

The Chinese flooring producer Jiangsu Beier Decoration Materials Co., Ltd – also known as BBL – has signed a license agreement with Välinge for the use of Liteback® sustainable core technology for thermoplastic flooring. BBL has been a Välinge licensee since 2008 and today sells both laminate and thermoplastic flooring …

Editor’s pickToyota unveils world’s first urban incubator, designed by Bjarke Ingels Group

15-01-2020
Bjarke Ingels Group, Shizuoka, Toyota, BIG, Japan, sustainable construction, urban planning, urban mobility, urban intervention, sustainability, future cities, transportation, mobility, master plan, Fuji, Urban design

Toyota announced plans for a prototype city named “Woven City” on a 175-acre site at the foot of Mount Fuji in Japan. The Toyota Woven City is conceived as “a living laboratory to test and improve mobility, autonomy, connectivity, hydrogen-powered infrastructure, and industry collaboration”. The structures will utilise …

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