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IKEA opens its first store in India

IKEA opens its first home in India today in Hyderabad, Telangana state. The 37,000 m² house is located in HITEC City, the technology hub of Hyderabad. The new location employs 950 people. According to a previous report, the furniture store was supposed to open in 2017.... [more...]

Indonesia: Government to offer SVLK subsidies

Airlangga Hartarto, Minister of Industry, has indicated that the government will provide incentives for small and medium sized wood product and furniture manufacturers so they can secure SVLK certification, a measure aimed at building greater capacity in the domestic industrial sector... [more...]

Housing starts declined in June 2018 in all regions of the U.S.

Housing starts declined in June 2018 in all regions of the U.S.... [more...]

Cascades announced strong results for Q2 2018

Cascades, a packaging and tissue products manufacturer, reported its unaudited financial results for the three-month period ended June 30, 2018... [more...]

The Thai company Vanachai ordered OSB dryer from Dieffenbacher

The Thai company Vanachai has ordered from Dieffenbacher a 32-meter long, 6-meter diameter drum dryer, a wet strand bin and automation of ... [more...]

Valmet received an order from Estonian Cell pulp mill in Estonia

Valmet has received an order from Estonian Cell which will be delivered in two stages... [more...]

Mondi Group acquires Suez Bags in Egypt

Mondi has completed the acquisition of a control position in Suez Bags Company S.A.E (“Suez Bags”) for EGP26.01 per share, which implies an equity value of... [more...]

BSW infrastructure agreement signed in Slovenia

On 26th July 2018, the agreement between the Municipality of Braslovce and Ministry of Infrastructure of Slovenia was signed. It lays foundations for the direct road connection to the BSW SI Gomilsko production facilities in the Municipality of Braslovce... [more...]

DuChateau has terminated its trademark license agreement with FSC after an ASI investigation

DuChateau has taken the unilateral decision to terminate its trademark license agreement with the Forest Stewardship Council... [more...]

China launches FSC national forest stewardship standard

China is the second country in the Asia Pacific region to publish a national forest stewardship standard based on the latest version of the FSC Principles & Criteria... [more...]

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special report
Romanian wood industry under pressure, with high timber auction prices and booming imports

Romanian wood industry under pressure, with high timber auction prices and booming imports

After a difficult 2017-2018 harvesting season, marked by low standing timber volumes on the market and excessive prices, what is the outlook for Romanian wood industry in the autumn of 2018? ... [ more...]

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