News archive

Tag: growth

Acadian Timber increased 1Q sales to $31.4 million

11-05-2020
Acadian Timber Corp, sales, logs, growth, 1Q, 2020, adjusted EBITDA

During the 1Q 2020, Acadian Timber Corp. generated sales of $31.4 million compared with sales of $30.9 million during the prior year period. The year-over-year change reflects a 2% decrease in the sales volume of logs, excluding biomass, more than offset by a 1% increase in the weighted average selling price, excluding biomass, and increased …

Nobia's net sales increase by 2% in 4Q 2019

25-02-2020
Nobia, year end report, 2019, 4Q, profit margins, net sales, growth

Nobia’s net sales for the fourth quarter increased by 2% and amounted to SEK 3,445m (3,390) while organic growth was -2% (-2). Investing for the future A stable Q4 concludes a year characterised by high market volatility. It also marks the end of a highly important year for Nobia, when a new direction is set for the company and decided on …

Tall kitchen cabinets may see fastest growth in demand by 2023

21-02-2020
kitchen cabinet, growth, demand, tall cabinet, wall cabinet, trends, 2023, Freedonia, research

According to a study from the Freedonia Group, homeowners desire for more cabinet storage, kitchen islands and counter-style seating and amenities such as LED lighting and pull-out shelves will push the demand for kitchen cabinets to $17.3 billion by 2023 - a rise of 4.6 percent annually. The study found that base cabinets accounted …

Vietnam’s wood and wood product exports achieved 19.5% growth in 2019

12-02-2020
Vietnam, wood, wood product, exports, FDI enterprises, vietnamese-owned enterprises, growth

According to Vietnam’s Customs, in 2019 the total value of wood and wood product exports from 2,392 enterprises (Vietnamese-owned and FDI enterprises) amounted to US$10.647 billion (19.5% higher than what was achieved in 2018) lifting the wood and wood product export rank to 6th amongst Vietnamese export commodities, reported ITTO. (Wood …

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. …

Victoria to phase out logging of native forests and shift towards plantation

13-11-2019
Victoria, Australia, old growth forests, plantations, government plan, timber sector

Native forest logging will be phased out in Victoria by 2030 and logging of old growth forests will cease immediately under a plan to transition to a plantations-based timber industry. Announcing the plan on 7 November, the Andrews government said it would provide $120mil in financial assistance to the sector, which has been under increasing …

India's manufacturing could get boost from rate cut

17-10-2019
India, interest rates cut, economy, GDP growth, manufacturers

Following a drop in India’s GDP growth to a six-year low of 5% in the second quarter, borrowing rates have been lowered to 5.15% with the aim to kick-start the economy, reported ITTO. According to the Reserve Bank of India (RBI), the economy is likely to face more risks in the near term from a combination of domestic and global …

New Zealand: Port of Tauranga sees growth in first quarter of financial year, boosted by log trade

29-10-2018
New Zealand, Port of Tauranga, growth, log trade

Port of Tauranga has reported that first quarter trade volumes grew 8.3 per cent on the same period last year, with the port handling more than 6.6 million tonnes of cargo between the 1st of July 2018 and the 30th of September 2018. The increase was driven by log exports, which were 14.7 per cent higher as compared with the previous corresponding …

FENESTRATION BAU China continues to grow

08-10-2018
FENESTRATION BAU China, growth

FENESTRATION BAU China (FBC) is growing: The most important meeting point for the Asian construction industry will be even bigger this year, underlining its importance for the Asian market. Both the exhibition space and the number of exhibitors have increased significantly. The extensive supporting programme, including the BAU Congress China, …

Exponential growth awaiting custom furniture market in China, with Custom Furniture Suppliers Zone at CIFM / interzum guangzhou to double in size

Editor’s pickExponential growth awaiting custom furniture market in China, with Custom Furniture Suppliers Zone at CIFM / interzum guangzhou to double in size

28-09-2018
Exponential growth, custom furniture market, China, CIFM / interzum guangzhou

Following positive response from the furniture production industry for the launch of the Custom Furniture Suppliers Zone at the international exhibition area of CIFM / interzum guangzhou in 2018, organisers of the show have announced the return of an expanded feature showcase next year to take up twice as much space in view of strong growth …

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Tag: growth

Editor’s pickExponential growth awaiting custom furniture market in China, with Custom Furniture Suppliers Zone at CIFM / interzum guangzhou to double in size

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