According to the International Tropical Timber Organization (ITTO) in May 2022 Brazilian exports of wood-based products (except pulp and paper) […]
News in international markets
Forestry New South Wales Working to Plant Millions of Seedlings to Replace Trees Burned in Bushfires
Forestry New South Wales (NSW) Australia is on an ambitious program to plant 13 million seedlings into plantations destroyed during […]
Belarus’ Lumber Exports Have Increased Seven-Fold to Russia
The Belarusian Telegraph Agency (BelTA), a state-owned national news agency of the Republic of Belarus, reports that Belarus’ lumber exports […]
UPM Announces Sale of Steyrermühl Site to the HEINZEL GROUP
UPM announced on Tuesday that it has entered into an agreement to sell 100% of the share in its Austrian subsidiary, UPM Kymmene-Austria GmbH, to the HEINZEL GROUP, a leading pulp, packaging, and paper producer and trader in Central and Eastern Europe. The parties have agreed not to disclose the value of the deal.
Sanctions on Russia for Its Invasion of Ukraine Set to Negatively Impact Australia’s Construction Industry
With supplies of key laminated veneered lumber (LVL) and engineered wood products (EWPs) imported from Russia and Belarus, which accounted for 40-50% of these construction products, no longer available due to sanctions, Australia’s tight timber markets are now facing a severe shortfall of products.
Russia’s Invasion of Ukraine Has Timber Prices and Shortages Impacting EU and UK Wood Projects
Russia’s invasion of Ukraine and the sanctions applied by the EU and UK on Russia for that action have European architects and designers struggling to source wood for their projects. In 2021, Russia, Belarus, and Ukraine provided nearly a quarter of the worldwide lumber trade and 53% of the EU’s timber imports.
Sweden’s Setra Now Offering Cross-Laminated Timber Frames With Moisture Protection
Lesprom Network is reportingthat Setra, one of Sweden’s largest wood industry companies, is the first company in Sweden to offer a new moisture protection for frames made from cross-laminated timber. The moisture protection, Wetguard200SA, is manufactured by Siga Cover AG, a Swiss company, and is applied to surfaces such as floor structures.
Malaysia and Vietnam Timber and Timber-Based Industries Sign Memorandum of Cooperation
A Memorandum of Cooperation (MoC) was signed today between the timber and timber-based industries in Malaysia and Vietnam. The MoC is intended to help to further develop the timber trades in both countries. The MoC is in line with the Asean Summit agreement of 2000 where the Initiative for Asean Integration was launched.
Wood Engineering Technology Reports Construction of Their Second Production Line Is Advancing
Originally announced in June of 2021, work to build the second production line at the state-of-the-art Wood Engineering Technology at Matawhero, New Zealand is advancing. “The building to house all the production equipment is 40 percent complete, and we are starting the installation of the plant equipment over the coming few weeks.”
UK Residential Homebuilding Being Impacted by Inflation and Declining Consumer Confidence
In May, the UK experienced the slowest rise in residential homebuilding in the past two years, the result of declining consumer confidence and skyrocketing inflation. The construction purchasing managers’ index, compiled by CIPS and S&P Global, found that housebuilding activity fell to a figure of 50.7 in May, from 53.8 in April.