Plywood
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Millari Group expands with acquisition of Juken, boosting Australian timber supply
Australian wood products firm Millari Group has acquired Juken New Zealand’s (JNL) Gisborne sawmill, strengthening its supply of engineered wood products and timber to the Australian market, the company said in a statement on Wednesday. The acquisition, set to be finalised later this month, includes JNL’s laminated veneer lumber (LVL) and plywood manufacturing lines, as well as its sawmill. The facility will be rebranded as Millari NZ and is expected to restart operations in the coming months, after closing in March 2024. Millari Group, which operates True Blue Timber, True Blue LVL, and True Blue Plywood, aims to reduce Australia’s dependence on imported wood products by expanding local production. The Gisborne site will supply LVL, plywood, and structural radiata pine products, with over 90% of materials sourced locally and sustainably. “This acquisition represents a... Continue reading
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February 7, 2025
Calls for U.S. government to increase tariffs on Russian plywood and exempt Canadian imports
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February 6, 2025
Sveza Group tackles labor shortage with pilot robotic systems at plywood facility
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January 15, 2025
Latvian plywood giant “Latvijas Finieris” aims for €500 million revenue with expanding investments
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December 18, 2024
Russian plywood exporters seek to diversify markets
With European sanctions cutting off traditional markets for Russian plywood, manufacturers have turned to new export destinations in Asia, the Middle East, and Africa.... Continue reading
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September 16, 2024
India’s Century Plyboards plans to expand plywood production capacity by 30%
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June 3, 2024
Green Building Revolution: UAE and Saudi Arabia embrace timber construction in the Middle East
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April 22, 2024
Malaysian timber industry affected by raw material shortages and labour shortages
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December 2, 2024
EU investigation China plywood ongoing as European producers struggle with unfair competition
The European Union (EU) has started an investigation into the import of hardwood plywood from China in the fall of 2024. The investigation was requested by nine European plywood producers who claim that China is selling the product to Europe at unfairly low prices. In addition, Chinese manufacturers are believed to be using timber from Russia, whose timber imports have been banned in the European Union since Russia invaded Ukraine in 2022. Such illegal timber trade threatens European businesses and jobs. Impact on prices of wood products The complaint was filed on August 27, 2024 by the **Greenwood Consortium**, which represents forest owners, loggers and suppliers. They point out that imports of hardwood plywood from China have increased significantly recently, causing losses to local producers as these imports affect both the price level and sales volumes of local... Continue reading
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August 13, 2024
The global plywood market is projected to reach $154 billion by 2031
The global plywood market size was $85 billion in 2022 and is likely to surpass $154 billion by 2031, expanding at a CAGR of 6.5% during the forecast period, 2023–2031. Numerous beneficial qualities of plywood and the rising usage of furniture are expected to boost the market. ... Continue reading
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December 18, 2024
Russian plywood exporters seek to diversify markets
With European sanctions cutting off traditional markets for Russian plywood, manufacturers have turned to new export destinations in Asia, the Middle East, and Africa.... Continue reading
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February 14, 2025
Millari Group expands with acquisition of Juken, boosting Australian timber supply
Australian wood products firm Millari Group has acquired Juken New Zealand’s (JNL) Gisborne sawmill, strengthening its supply of engineered wood products and timber to the Australian market, the company said in a statement on Wednesday. The acquisition, set to be finalised later this month, includes JNL’s laminated veneer lumber (LVL) and plywood manufacturing lines, as well as its sawmill. The facility will be rebranded as Millari NZ and is expected to restart operations in the coming months, after closing in March 2024. Millari Group, which operates True Blue Timber, True Blue LVL, and True Blue Plywood, aims to reduce Australia’s dependence on imported wood products by expanding local production. The Gisborne site will supply LVL, plywood, and structural radiata pine products, with over 90% of materials sourced locally and sustainably. “This acquisition represents a... Continue reading
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February 14, 2025
Millari Group expands with acquisition of Juken, boosting Australian timber supply
Australian wood products firm Millari Group has acquired Juken New Zealand’s (JNL) Gisborne sawmill, strengthening its supply of engineered wood products and timber to the Australian market, the company said in a statement on Wednesday. The acquisition, set to be finalised later this month, includes JNL’s laminated veneer lumber (LVL) and plywood manufacturing lines, as well as its sawmill. The facility will be rebranded as Millari NZ and is expected to restart operations in the coming months, after closing in March 2024. Millari Group, which operates True Blue Timber, True Blue LVL, and True Blue Plywood, aims to reduce Australia’s dependence on imported wood products by expanding local production. The Gisborne site will supply LVL, plywood, and structural radiata pine products, with over 90% of materials sourced locally and sustainably. “This acquisition represents a... Continue reading
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February 7, 2025
Calls for U.S. government to increase tariffs on Russian plywood and exempt Canadian imports
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February 6, 2025
Sveza Group tackles labor shortage with pilot robotic systems at plywood facility
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January 15, 2025
Latvian plywood giant “Latvijas Finieris” aims for €500 million revenue with expanding investments