Asia & Middle East

Tropical sawnwood rising its share on the European market

Recent reports on European economic and construction sector health and outlook make for almost exclusively positive reading. After the EU [...]

Worldwide wood-based panels market to register sharp growth in the upcoming years

The global wood-based panel market size is expected to reach USD 174.55 billion by 2025, registering a 7 [...]

Government of Sarawak stops timber licensing

The Sarawak government will stop issuing new timber licences, due to the fact that vast tracts of forests had already [...]

Pessimistic forecasts for Malaysian wood products industry

    As the second half of 2018 approaches, analysts have projected that the wood-based manufacturing sector [...]

Indian HIL Limited buys German flooring giant Parador for EUR 82 million

The leading Indian building material producer HIL Limited, a subsidiary of the CK Birla Group, will acquire German flooring producer [...]

Latest prices for Indian teak, sawnwood and plywood

    Demand for Indian imported logs continues unchanged but imports are still affected by the withdrawal of [...]

Overview of the Vietnamese wood pellet market

The wood pellet exports from Vietnam have gone from nearly zero to approximately 2.75 million metric tonnes per year [...]

International Yacht industry urges for collaboration with Myanmar on sustainable teak

An international alliance of yacht sector and associated organisations has cautioned against a ban on trade in Myanmar teak. Instead [...]

Global prices for pulp soar to record-highs

Strong pulp markets and record high prices for both softwood and hardwood market pulp resulted in upward price pressures on [...]

IKEA has many challenges for its first store in India

    IKEA, the world’s leading furniture retailer and manufacturer announced the opening of a store in [...]