In October 2017 compared with September 2017, seasonally adjusted production in the construction sector decreased by 0.4% in the euro area (EA19) and by 0.7% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In September 2017, production in constr

On December 19, 2017, Stora Enso inaugurated its new polyethylene (PE) coating plant at the consumer board mill in Beihai, China, reports the company in its press release. Stora Enso has invested EUR 31 million in the PE coating plant, following its establishment in the Guangxi region in China as a

It has been reported that China will introduce an environment protection tax in January next year. This will be the first tax reflecting a ‘green tax system’ aimed at creating awareness in society of the need for environmental sustainability. Manufacturing enterprises will be affected as they will b

A Brazilian company was paid millions of dollars by two Chinese businessmen as to persuade environment officials from an Amazon state to illegally export illegally harvested hardwoods to China. Though the Brazilian police and prosecutors found out about this scheme and were able to stop it before an

Finnish forest industry company UPM has obtained a building permit for increasing the kilning capacity at its Alholma sawmill in Pietarsaari in Finland. The expansion is expected to be completed in late summer 2018.The expansion will enable a 10-15% increase to the sawmill's current annual capacity

According to the Taicang Entry-Exit Inspection and Quarantine Bureau, timber imports through Taicang Port rose 27% to 10.29 million cubic metres between January and November 2017.This is the first time imports through this port exceeded 10 million cubic metres. The cargoes comprised 7.26 million cub

The HOMAG Group is planning an innovative new build including a generous customer center at its location in Schopfloch. The ground-breaking ceremony will take place in the second half of 2018 according to the current state of planning, and the new building is expected to be completed by the beginnin

A two-day workshop was recently held in Yangon on the subject of the definition of legality marking an essential step as Myanmar moves closer to agreeing a VPA with the EU. To advance the VPA process a multi-stakeholder group is being formed involving government, the private sector and civil society

http://www.globalwood.org/market/timber_prices_2017/aaw20171102.htm

13.12.2017 − In the 2016/2017 financial year (31 August) Ikea Group generated in Germany a turnover of €4.867bn. As announced by the company on 28 November, this represents a 2.4% increase by comparison with the preceding year. This means growth has slackened off further by comparison to preceding y