Archives: May 2015

Turkey: 50% increased tax on furniture imports

On May 23, a decree by the Turkish cabinet of ministers increased the tax rate on furniture imports to 50 [...]

Japan develops rubberwood parquet floor

Sanyu Yukakoji (Tokyo), wooden floor applicator for condominium, school and commercial buildings, has developed rubberwood flooring blocks jointly with a [...]

EU: Graanul Invest takes Latvian wood pellet producer

Swedish companies "BillerudKorsnas AB" and "Baltic Resources AB" have signed an agreement on acquisition of 100 percent stake in Latvian [...]

Europe and Russia face large increases in LVL capacity

LVL capacity in the EU is expected to rise from the current level of 410,000 m3 to 590,000 [...]

Market position for Egger increases, offers positive outlook

The Austrian Egger Group has closed its 2014/15 business year and is satisfied with its progress. The stable development [...]

Price of wood pellets goes down in April in Germany

The price of wood pellets in Germany has dropped in May both as compared to the previous month as well [...]

Tembec puts off actions at its three Quebec sawmills

Tembec suspends operations at its three sawmills due to the high cost of wood supply in the Abitibi-Témiscamingue [...]

Chinese housing demand rebounds lumber prices in U.S.

Lumber futures prices are rebounding from recent lows as housing starts improve and orders from China increase.    [...]

By 2016 Japan will open 33 biomass power plants

Japan has witnessed a surge in biomass power plants after FIT (feed in tariff) system was introduced in July 2012 [...]

Record wood products trade in China

According to the latest statistics from the State Forestry Administration, the value of China's 2014 international trade in wood [...]