News in international markets

India-based Century Plyboards, a leading wood products manufacturer, plans to boost its plywood production capacity by approximately 30% over the next 12–15 months with an investment of around ₹140 crore (US$16.7 million), newsonprojects reported (9-12-24).

New Zealand’s forestry sector is set for a major shake-up as the government plans to overhaul national direction under the Resource Management Act (RMA), according to an analysis by MinterEllisonRuddWatts.

Top management of the Segezha Group considers India as one of the most attractive and promising areas for business, the company said in a September 6th press release.

Sveaskog announced that it was raising the prices on timber and pulpwood in large parts of the country. This marks the third increase this year.

Siempelkamp announced that Thai wood-based panel producer S.Kijchai Enterprise has placed an order for a new MDF plant—the company’s third.

Stora Enso has completed its inspections of harvesting sites in Finland with high nature values following the environmental violation in Hukkajoki, Finland, on August 15th.

The US exported 874,596.1 metric tons of wood pellets in June, up from 739,277.2 metric tons in June and from 651,698.8 metric tons in July 2023, a Biomass Magazine review of USDA data shows.

Scottland and Ireland have agreed to a precautionary pause preventing all conifer timber with bark on from being transported to Ireland from Scotland’s west coast Pest Free Area.

Vietnam aims to increase the value of wood and wood product exports to $20 billion by 2025 and $25 billion by 2030 under a recently adopted national forestry plan, Vietnam Today reported.

The value of Brazilian exports of wood-based products (except pulp and paper) increased 9.9% year-over-year in July, the ITTO reported.