News archive

IKEA partners with Alibaba to open the first virtual IKEA store on Tmall

01-04-2020
IKEA Retail China, Alibaba, Tmall, ecommerce, first virtual IKEA store,

On March 10, Inter IKEA Systems B.V. (owner of the IKEA concept and global franchisor), IKEA Retail China and Alibaba Group Holding Ltd. launch the first virtual IKEA store during a digital signing ceremony via Taobao Live Streaming from IKEA Shanghai Baoshan and Hangzhou Ali Park. The virtual IKEA store on Tmall will offer around 3500 IKEA …

New Forests appoints Ents Forestry for planned hardwood plantation acquisition in Australia

01-04-2020
New Forests has appointed Ents Forestry, appointed, plantation assets, Peppermint Estate, Western Australian

Australia-based forestry investor New Forests has appointed Ents Forestry Pty Ltd to manage the plantation assets of Peppermint Estate Pty Ltd in Western Australian. Peppermint Estate is owned by New Forests’ Australia New Zealand Forest Fund 3 (ANZFF3), an institutional investment fund that targets long-term, sustainable management of …

Weyerhaeuser to reduce lumber production by 20% in April

01-04-2020
Weyerhaeuser Company, reduction, operating capacity, temporary mill curtailments, reduced shift postures

In response to recent changes in customer sentiment and order flow, Weyerhaeuser Company is dynamically adjusting operating capacity at certain of its manufacturing facilities. For the month of April, the company expects to reduce operating capacity by approximately 20% for lumber, 15% for oriented strand board, and 15% to 25% for engineered wood …

Indonesia risks timber trade with EU after scrapping license rules

31-03-2020
Certification, Coronavirus, COVID-19, Environment, Forests, Global Trade, Illegal Logging, Illegal Timber Trade, Illegal Trade, Logging, Sustainability, Sustainable Forest Management, Timber, Timber Laws, Tropical Forests

By Hans Nicholas Jong, Mongabay News The European Union says a move by Indonesia to no longer require that wood exports be verified as coming from legal sources threatens the timber trade between the two sides. The EU has since 2016 put its trust in Indonesia’s timber certification scheme, the SVLK, to ensure that the wood it imports …

Engineers build adhesive-free 100% timber building at Ness Gardens

31-03-2020
Engineers, University of Liverpool, industrial partners, designed, build, adhesive-free timber, office building, Ness Gardens

Engineers at the University of Liverpool, alongside industrial partners, have designed and built an adhesive-free timber office building at Ness Gardens in order to evaluate a more environmentally-friendly construction method. Official opening of the adhesive free timber office building at Ness Gardens The key idea behind the new `green’ …

Komatsu Forest temporarily shuts down production of forest machinery

31-03-2020
Komatsu Forest, temporary, shut down, production, forest machinery, shortage, suppliers, parts, manufacturing, factory, Sweden

Due to the closure of suppliers of critical components, Komatsu Forest will temporarily shut down its production of forest machinery at its factory in Umeå, Sweden. The company agreed with IF Metall on short-term work from April 13 through June 21 for employees in production. "The background is that the corona pandemic has caused some of …

Editor’s pickIndonesia trade minister scrapped timber legality rule, illegal logging may set to boom

30-03-2020
SVLK verification system, licensing requirement, removed, deregulated, massive setback, Indonesia

By Hans Nicholas Jong from Mongabay Indonesia   Indonesia’s trade ministry has scrapped a requirement for wood exporters to obtain licenses verifying their wood comes from legal and sustainably managed sources. The SVLK verification system took a decade to develop and implement and has been accepted by some of the most stringent …