Chinese wood processing companies severely impacted by slow demand abroad
78% of China's wood processing companies currently are affected by the Covid-19 pandemic, while the resumption [...]
July 28, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Furniture / Lumber / Sawmilling / Wood flooring / Wood Products / Wood-based panels / China / Global
IKEA to invest 150 million euros in Spain
IKEA announced an investment of around 150 million euros in the next 3 years in an expansion and transformation plan [...]
July 28, 2020
Companies in the timber industry / Daily News / Global Trends / Furniture / Wood Products / Europe / Global
Forestry association in US seeks extra $500M for COVID-19 stimulus package
The National Association of State Foresters (NASF) is seeking an additional $500 million in federal State and Private Forestry (S [...]
July 14, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Furniture / Lumber / Sawmilling / Wood Products / Wood-based panels / Global / North America
German furniture industry expects a 10% drop in sales for 2020
The German furniture industry has so far come through the corona crisis robustly compared to other economic sectors. [...]
July 13, 2020
Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Europe / Global
Global forest products trade remains strong despite pandemic
Although the COVID-19 pandemic has negatively impacted supply chains for many industry sectors worldwide, the forest products industry has [...]
July 13, 2020
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Vietnam plywood export companies face increased trade risks
China has invested in 29 plywood projects worth over US$150 million in Vietnam, becoming the country’s largest plywood [...]
July 9, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Wood-based panels / Asia & Middle East / China / Global / North America
Serious interruption of Chinese plywood supply to Europe
On supply, some interruption was reported out of Indonesia and Malaysia due to the lockdown; some factories reported to have [...]
July 2, 2020
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IKEA plans to review its Ukrainian wood supply after critical report
Furniture retailer IKEA said on Tuesday it would review its wood supply chain in Ukraine after a report by a [...]
June 28, 2020
Companies in the timber industry / Daily News / Global Trends / Furniture / Wood Products / Europe / Global
Ikea faces allegations it used illegally logged timber from Ukraine
Some of Ikea’s wood products may have been made with illegally sourced timber from ancient forests in Ukraine. [...]
June 25, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Furniture / Wood Products / Europe / Global
Canceled and postponed forest industry events in North America; latest updates
As countries, provinces and states across the United States and Canada announced strict measures to contain the spread of coronavirus [...]
June 17, 2020
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