Kronospan, in just a little over a year’s time, and an investment of approximately 400 million euros, has built a new state-of-the-art particleboard plant in Tortosa, Spain, capable of producing 2,000 m3 per day.
News in international markets
India’s Greenply Industries Ships Its First Load of MDF From New Plant
Greenply Industries, one of India’s largest interior infrastructure brands, has shipped the first load of its new Greenply MDF from its recently commissioned plant in Gujarat, India, according to a report by Republic TV.
UK’s L&G-Owned Homebuilder Cala Group Purchases Taylor Lane
Cala Group announced it has purchased timber frame builder Taylor Lane in a move designed to boost its timber frame production in England to 1,500 units annually over the next five years, according to a report by “Building.”
To Meet New Zealand’s Carbon Goals, Forestry Minister Urges Harvested Logs be Processed Domestically
New Zealand’s Forestry Minister Peeni Henare has announced a $57 million (NZD) fund to promote investment in domestic wood-processing facilities, according to a report by “Newsroom.”
Third Large Western Australia Sawmill Announces Closure
A third large sawmill located in southern Western Australia has announced it plans to close prior to the official ban of native logging coming into effect in 2024 according to a report by ABC News.
UPM Plywood Announces Plan to Restructure its Organization and Scale its Operations
UPM Plywood on Thursday announced plans to restructure its organization and scale its operations to meet the reduced production capacity and the deteriorating market situation. The company says the cuts are the result of reduced demand for spruce plywood and veneer due to slowing construction activity.
Architectural Firm Nikken Sekkei Uses Mass Timber to Expand Educational Facility
Nikken Sekkei, a Toyko-based architectural firm, is working on the expansion and construction of Ichikawa City’s Showa Gaukuin Elementary School’s West Wing, according to reporting by “designboom.” The project will utilize two-way CLT flat slabs.
Brazilian Exports of Wood-Based Products Declined in March
According to the International Tropical Timber Organization (ITTO), Brazilian exports of wood-based products (except pulp and paper) in March declined 19.0% year-over-year in value, from US$423.2 million in March 2022 to US$341.9 million in March 2023.
Metsä Wood to Provide LVL Products to Swedish Wood Turbine Tower Builder Modvion
Metsä Wood announced Monday it has agreed to supply Modvion, a Swedish wood technology company, with laminated veneer lumber (LVL) for Modvion’s wooden wind turbine towers.
Latvijas Finieris Signs Contract With Raute for Technology to Expand Its Vermes, Latvia, Plywood Mill
Raute Corporation has announced that it signed a contract with AS Latvijas Finieris, a leading producer of birch plywood in Europe and Baltic countries, to deliver technology for the expansion of Latvijas Finieris’ Vermes, Latvia, plywood mill.