The United Kingdom’s provider of affordable homes BoKlok UK, which is jointly owned by Skanska and Ikea, has announced the appointment of TopHat to construct its first houses in the UK.
According to data provided by the RF Federal Customs Services, Russia’s exports of sawn goods were down -9.8% year-on-year for the period of January – May 2020.
The Vietnam Administration of Forestry is reporting that in the first six months of 2020, export revenues of forestry product were over 5.3 billion USD.
The Real Estate Institute of New Zealand is reporting that in spite of the COVID-19 pandemic and the predictions of a decline in housing values and sales, in June housing prices increased nationally 9.2%, while sales volume grew by 7%.
New Zealand is currently reporting a sharp fall in log prices. Evan MacClure, a Timaru-based director for Forest Management (FM) said “an estimated 30% drop in price” will impact both companies and contractors.
Knight Frank, a global real estate consulting firm, is reporting in their latest Global Property Index (GPI) that in spite of continuing localized outbreaks of the COVID-19 virus, many global cities are reporting that the sales volume of residential properties continues to improve.
Koskisen, a Finnish wood industry company, has announced it is planning to make a substantial investment in a sawmill in Järvelä, Finland.
According to ITTO, the impact of the COVID-19 pandemic on the European plywood markets has proven to be less severe than the originally feared.
According to the International Tropical Timber Organization the value of Brazilian exports of wood-based products (except pulp and paper) dropped 13.5% in May to $236.3 million, when compared to May 2019 , $ 273.3 million.
The Segezha Group’s Vyatka plywood mill in Kirov, Russia was experiencing a critical defect on the high-grade veneer the plant was producing.