Asia & Middle East

European timber operations in Africa move to Asia

A major structural change is underway in the African timber industry as operations are reoriented away from the European market [...]

Japan’s Sumitomo buys interest in US housing company

Sumitomo Forestry has acquired a 60% equity interest in the United States Mark III Properties.    The [...]

Teak purchases from Myanmar discouraged in EU countries

Given continuing controversy in the EU over whether Myanmar teak can be traded in compliance with EUTR requirements, importers were [...]

New wood pellet plant in Vietnam

Biomass Fuel Vietnam Co placed an order with Hekotek for a new complete plant of wooden pellets. According the announcement [...]

Indonesian and Brazilian wood products exports affected by the changes in the US GSP

In a recent statement the Ministry of Environment and Forestry (KLHK) said it believes the wood products export target for [...]

European tropical importers face rising competition for supplies

EU timber traders cited a number of factors shaping tropical import trends. These included intensifying competition for material from Chinese [...]

Vietnamese wood products exports expected to double in the upcoming years

Vietnam's government is very positive regarding the wood and woodworking industry, as earning export revenues of $18-20 billion [...]

Rising Japanese wood products exports on booming Chinese demand

Japanese wood exports are booming again due to higher demand in Asia, and mostly from China. In 2017, Japanese exports [...]

EU tropical importers are facing tough competition for supplies

EU timber traders cited a number of factors shaping tropical import trends. These included intensifying competition for material from Chinese [...]

Wood products exports from Vietnam amount to US$5 billion in January-July 2018

    The export revenue of Vietnamese wood and wooden products was estimated at US$4.8 billion [...]