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Asia & Middle East

20,000 plus FLEGT licenses issued in Indonesia

Since the launch of the FLEGT Indonesia license scheme on November 15, 2016 Indonesia has issued 20,778 licenses for [...]

Japan’s Sumitomo acquires stake in Canadian wood pellet producer

Sumitomo Corporation has acquired 47.6% of the shares of the wood pellet manufacturer Pacific BioEnergy Corporation and made its [...]

Plywood manufacturers in India set to shut down production due to GST

All plywood units in Yamunanagar and Jagadhri were set to go on indefinite strike starting 14th of July on account [...]

The EU timber license might help Indonesian small-scale furniture exporters access global markets

Once that Indonesia started issuing FLEGT (Forest, Law Enforcement, Governance and Trade) licenses in November 2016, timber exports may enter [...]

Södra sees demand for Swedish wood increasing globally

Global demand for Swedish wood is constantly rising. In the first half of 2017, Södra delivered sawn timber to [...]

US hardwood exports to SEA and Greater China see strong growth in Q1/2017

US hardwood exports maintained upward momentum in the first quarter of 2017, with a strong gain Southeast Asia (SEA) and [...]

South Korean wood pellet demand expected to rise sharply

The industrial wood pellets demand in South Korea is forecast to grow over the next 50 years. Yet, despite this [...]

Malaysian plywood giant Shin Yang cuts down shipments to Japan

Shin Yang group in Malaysia will reduce the Japan-bound shipments of tropical plywood used in concrete formwork by nearly [...]

Vietnam expects the forestry sector to reach $7.5 billion in 2017

Vietnam's forestry sector plans to reach at least $7.5 million in exports and a 6.6% increase in [...]

Flat-lining EU imports of wood furniture from the tropics

The EU imported wood furniture with total value of €459.1 million from tropical countries in the first three months [...]