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Tag: USTR

New Forests to acquire Tasmanian plantations from Norske Skog

11-02-2020
Australia, New Forests, Tasmania, Norske Skog, timber, forestry, plantation, pine, sustainability

Australia-based international forestry investor New Forests has agreed to purchase the Tasmanian plantations of a local subsidiary of Norwegian pulp and paper company Norske Skog. The purchase includes a net plantation area of more than 18,000 hectares of radiata pine in the south of Tasmania and an agreement for timber sales to the Boyer Mill, …

India government may impose curbs on furniture imports to bolster local manufacturing

04-02-2020
India, curbs, furniture imports, China, domestic manufacturing, Department for Promotion of Industry and Internal Trade

The government is likely to impose restrictions on furniture imports in bid to boost domestic manufacturing and reduce inbound shipments of non-essential items, an official said. The Department for Promotion of Industry and Internal Trade has suggested to its commerce counterpart to put the restrictions, reported Business Standard from New …

New SMEs business development centre in Central Java

03-02-2020
New SME business development centre, Central Java, Indonesia, Jepara, furniture industry

Gati Wibawaningsih, Director General of Small, Medium Industries in the Ministry of Industry has announced that the ministry will open a material centre in Jepara, a town in Central Java to support growth of furniture SMEs so they can become more competitive in international markets, reported ITTO. Gati said, the new centre will focus on capacity …

EUROCONSTRUCT: Weakening growth in European construction in the next two years

13-01-2020
EUROCONSTRUCT, Europe, construction, industrial production, investment, new projects, renovation, non-residential, residential, civil engineering

Construction output amounted to nearly 1,600 billion Euro in 2018 - after five years growth still far below peak level, with relevant differences among countries. From among 15 western EC-15 countries, 10 of them achieved in 2018 higher total construction volume than in 2007. The construction market in Spain, despite 4 growing years in a row, …

FSC responds to media reports of wrongful activity in Ukraine

08-01-2020
FSC, Austrian parquet market, Ukrainian suppliers, forest management, illegal timber trade

Recent media reports examined the Austrian parquet market and its Ukrainian suppliers, and some have raised doubts about the effectiveness of FSC controls in Ukraine. They suggest FSC certification is not an effective means of punishing or exposing violations of FSC standards in cases where companies or forestry operations are associated with …

OneFortyOne fully compliant with Australian Standard® for Sustainable Forest Management

06-01-2020
OneFortyOne, Australia, harvesting right, softwood plantation, Green Triangle region, Australian Standard for Sustainable Forest Management

OneFortyOne confirms that independent forestry auditors have once again found the company and its forests to be fully compliant with the globally endorsed Australian Standard® for Sustainable Forest Management. OneFortyOne’s Planning & Compliance Manager, Janeth Mackenzie said: “Our forests offer vital answers for Australian …

Lumber producers’ profit margins improve slightly in Austria, Eastern Russia, Western U.S. and Western Canada

02-01-2020
lumber producers, profit margins, Austria, Eastern Russia, Western U.S., Western Canada, Sweden, Finland, Wood Resource Quarterly

The financial health of the world’s lumber producers was mixed in the 3Q/19. The gross margins fell in Northern Europe, while they improved slightly in Austria, Eastern Russia, Western U.S., and Western Canada, reports the Wood Resource Quarterly. In North America, lumber prices started to flatten out and increased slightly in the …

China’s wooden door and wooden building sectors in 2019

19-12-2019
wooden door, wooden building, growth, China, consolidation, wooden framed buildings, wood structure, sector, industry, performance, 2019

11% growth in wood door sector The output of China’s wooden door sector is said to be the highest in the world and China is also the main wooden door consumer market. The total output value of the national wooden door sector was about RMB140 billion in 2018, an increase of 11% over the same period in the previous year, reported ITTO. …

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