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On 18 September Simonds International and US Blades announced the merger of the companies in a transaction that will create the leading producer and marketer of cutting tools and the leading cutting tool service company in the primary wood fiber industry. ...... [more...]
More than 32,000 trees have been logged in the past decade in concessions in the Amazon Jamari National Forest. The Jamari National Forest was the first in the country where logging was controlled through government approved management plans... [more...]
As the New Zealand WoodWeek reports, the inventory of softwood roundwood in China is around 3.2 million m3, with news of a recent decline to 3.15 million m3... [more...]
On September 24th China will implement its own tariffs on USD 60 billion of imports from the US. Read further to see the full list of wood products affected and tariff levels... [more...]
The Sarawak government’s Deputy Chief Minister, Awang Tengah Ali Hasan, has said the State government is committed to securing a sustainable timber industry because the sector contributes a lot to the state’s export revenue... [more...]
EU imports of tropical logs recover a little ground After a downturn in 2017, the quantity of EU imports of tropical logs recovered a little ground in the first half of 2018... [more...]
Economic growth in the euro area is still stable. In addition to the construction industry and service producers, producers of capital goods also assess future development positively. Above all, the Austrian woodworking industry can point to an exceptionally positive sales trend in all divisions... [more...]
As expected the US will start imposing an additional USD 200 billion of Chinese goods with 10% tariffs starting on Sept 24th. The rate will increase to 25% at the end of the year. China has already promised it will respond with its own tariffs. In this article we explore further the implications of this latest move. ... [more...]
China’s log imports in the first quarter of 2018 totalled 14.38 million cubic metres valued at US$2.753 billion, a year on year increase of 14% in volume and 25% in value.... [more...]