News archive

April 2020

India to investigate alleged dumping of MDF from Vietnam, Malaysia, Thailand and Indonesia

29-04-2020
India, Greenply, Greenpanel, Century Plyboards, MDF, fibreboards, anti-dumping, furniture, Thailand, Vietnam, Malaysia, Indonesia

Greenply Industries, Greenpanel Industries and Century Plyboards have filed application to commerce ministry's probing arm DGTR to start anti-dumping investigation on imports of "plain medium density fibre board of thickness less than 6 mm" imported from Vietnam, Malaysia, Thailand, and Indonesia, reported India’s Economic …

Editor’s pickMicrolibrary Warak Kayu, Indonesia’s first library made entirely of FSC-certified wood

29-04-2020
Indonesian,Semarang, Microlibrary Warak Kayu,sustainable architecture,FSC-certified wood

Located in the Indonesian city of Semarang, Microlibrary Warak Kayu is an inspiring new public space that raises the bar for community design and sustainable architecture. It is also the first library in Indonesia made entirely of FSC-certified wood. Designed by international architecture firm SHAU, the microlibrary is built using only …

Atlas Engineered Products announces contract wins at operations across Canada

29-04-2020
Atlas Engineered Products, sales, multi-product contracts, engineered wood products, truss packages

Despite the uncertainty presented by COVID-19, Atlas Engineered Products maintains a focused sales strategy, and, as a result, all of its locations are seeing growth in their sales pipelines. Quoting activities have been steadily increasing at its Western Canadian operations. In addition, the Prairies and Ontario regions are seeing a comeback as …

Raute's profit outlook for 2020 weakened

28-04-2020
Raute, profit outlook, net sales, operating profits, weakened

Raute's profit outlook for 2020 has weakened. Net sales are estimated to decline from 2019 and operating profit is estimated to weaken clearly from the year 2019. Previously the company has estimated net sales for 2020 to remain at the same level as in 2019 and operating profit to weaken compared to 2019. In 2019, the Group's net sales were EUR …

Canfor reports 1Q operating loss of $88.8 million

28-04-2020
Canfor, operating losses, 1Q 2020

For the 1Q 2020, Canfor Corporation reported an operating loss of $88.8 million, $29.2 million higher than the operating loss of $59.6 million reported for the 4Q 2019. The significant decline reflected materially lower operating earnings in the lumber segment, partially offset by improved operating earnings in the pulp and paper segment. Canfor …

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