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Archives: June 2016

US housing starts drop slightly in May

The US housing starts dropped during May 2016 because the multi-family housing units declined. Yet, the buildings permits gains [...]

John Deere construction and forestry sales drop sharply

John Deere's worldwide net sales and revenues decreased 4 percent, to $7.875 billion, for the second quarter and [...]

Ukrainian EPAL pallets counterfeiters caught

The European Pallet Association has made a major breakthrough in the battle against counterfeiters of EPAL Euro pallets. Thanks to [...]
June 21, 2016 Daily News / Wood Products / Europe / Global

British Woodworking Federation has recently joined CTI

The Confederation of Timber Industries (CTI) has announced that the British Woodworking Federation (BWF) has joined the organisation.   [...]
June 21, 2016 Daily News / Forestry / Europe / Global

The SWISS KRONO Group to invest $230 million in expanding laminate flooring capacity in USA

Over the next two years, the SWISS KRONO Group will be investing 230 million U.S. dollars in its American [...]

Swedish softwood lumber exports grow on higher demand from Egypt and China

In the first three months of 2016, Sweden has exported about 3,237 million cbm of sawn and planed softwood [...]

China: Imported laminated flooring is popular amongst young consumers

According to a recent market survey young Chinese consumers prefer imported laminated flooring over domestic products, ITTO reported.   [...]

Price of Austrian pellets stable in June

With just a 0.1% increase over May, the June price of Austria wood pellets can be seen as stable [...]

Canada: Sawmills and jobs in jeopardy if softwood lumber agreement isn’t reached

Sawmills and jobs all around Canada may be seriously affected by the possibility of the US duties imposed on imported [...]

Italy: New law to boost use of certified or recycled timber

Italy’s timber sector has seen advantages for the industry in a new law that at least 50% of wood [...]