Archives: June 2015

Malaysia plans to double furniture exports by 2020

A new programme developed by the Malaysian Timber Industry Board (MTIB) ''Professional Designer Programme (PDP)'' aims to double Malaysia's [...]

Metsä Group divests Metsä Wood France

Metsä Group announced the divestment of the entire share capital of Metsä Wood France SAS to German Mutares AG. as [...]

Housing starts drop 11% in US

US housing starts fell 11.1% in May to an annual rate of 1.04 million, following a sharp rise [...]

Mohawk Industries completes takeover of Belgian IVC Group

This week, American Mohawk Industries has completed its acquisition of the Belgian IVC Group for $1.2 billion in cash [...]

Review of the worldwide woodworking technology market in 2014

The top five exporting countries of woodworking technologies- Germany, Italy, China, Taiwan and Austria- recorded positive figures. Only the U [...]

EU imports of tropical hardwood plywood up 19%

EU imports of tropical hardwood plywood were 105,201 cu.m in the first quarter of 2015, 19% more than [...]

Growing wood flooring market share forecast for domestic producers in US

US demand for hard surface flooring is forecast to grow over 6% per year to 2019. A new market research [...]

Most European countries have fulfilled EUTR obligations

On 19 June the European Commission has published a table with information on the state of implementation of the European [...]
June 16, 2015 Daily News / Furniture / Sawmilling / Europe / Global

Lumber prices falling in some parts of the world

Lumber prices have fallen throughout a majority of the main softwood lumber markets in the world during the 1Q/15 [...]

Siempelkamp receives new orders in Russia and Asia

During the first half of the 2015 business year, Siempelkamp has already record four orders for wood-based material production [...]