News archive

Editor’s pickAnalysis: The Trans Pacific Partnership

05-02-2016

Singapore, one of the busiest ports in the world. Image: "Port of Singapore" by Noee is licensed under CC BY 2.0 The Trans Pacific Partnership was signed by representatives from its 12 member nations in Auckland, New Zealand, on Feb 4. They now have two years to ratify or reject the pact. The 12 countries—consisting Australia, Brunei, …

New research partnership to explore industrial wood preservation

05-02-2016

The Innovative Cities (INKA)research programme of the Finnish Funding Agency for Innovation, Tekes, has granted 450,000 euros of funding to the Nanotech-driven bio-preservation of wood (SafeWood) project carried out in cooperation between the University of Eastern Finland, the University of Oulu and the Natural Resources Institute. Wood …

APP Timber secures PEFC Chain-of-Custody certification

04-02-2016

Lumber importer and distributor APP Timber has been awarded PEFC CoC 'multi-site' certification. The award means that the company can sell PEFC-certified products to any port in Asia, as well as directly from its warehouse in Malaysia.  "The demand for PEFC certified products is rising and we are proud to be PEFC’s …

Brazil timber sector likely to focus more on export this year

04-02-2016

2016 may be a tough year for Brazil’s timber sector as sluggish demand from the domestic market is expected to continue, prompting many manufacturers to turn to export, according to ABIMCI. The Brazilian timber sector has seen mixed performance in 2015 due to rising production costs, volatility in the US dollar exchange rate, and poor …

UPM sales increase 2% in 4Q/2015

03-02-2016

UPM reported a 2% increase in revenue to EUR 2,574 million in 4Q/2015. Sales grew in UPM Biorefining and UPM Raflatac but declined in the other business areas, according to a company press release. 4Q EBITDA increased to EUR 363 million (14.1% of sales) from the Euro 334 million (13.2% of sales) during this period. Reported operating profit was …

Norbod to invest GBP95 million in Scotland

02-02-2016

Norbord will invest £95 million to modernize and expand its OSB mill in Inverness, Scotland, nearly doubling its capacity to 640,000 cubic metres. The investment will allow the Canadian company to increase massively the production of panel products to serve the European marketplace. Over the past …

Vietnam ranks fourth in the world for wood exports

02-02-2016

Vietnam is the world’s fourth largest exporter of wood and wood-based products after China, Germany and Italy, according to  the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA). Export turnover for wood and wood-based products in 2015 was US$6.9 billion, up 10.7% over the previous year. However this figure is …

JAF finalises acquisition of Skanditra

02-02-2016

The management of the JAF Group (from left to right): Werner Stix, Markus Sax, Alexander Flatischler, and Miroslav Malzenicky   The JAF Group has finalised the acquisition of Swedish company Skanditra.  All existing will take on all employees—eight at the Swedish sites and 20 at the Hungarian warehouse—remain on the …

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