Tag: Japan

Global Trends Review, October 06-19, 2014: first CLT production opens in Finland; overall European glulam output falling

The first production of cross-laminated timber (CLT) opened in Finland, launched by Crosslam company, PuuInfo reported. According to Managing Director Juha Virta, this material is beginning to be well-known in apartment building construction. The aim for Crosslam’s production...

Japan’s Iida Group Holdings to construct a house-building factory in Primorsky region

First Vice-Governor of Primorsky region Vasily Usoltsev met with the Director of the Department for international development of the Japanese Iida Group Holdings Ishi Kumagai, as announced by the regional administration. The Japanese company intends to build a...

Global Trends Review, September 22 – October 05, 2014: Romania stands out as large & growing lumber supplier; Chinese prices fall on high lumber stocks

Holzindustrie Schweighofer has completed installation works at its new glulam line at the Radauti plant in Romania, Holzkurier reported. The capacity will be 100,000 m3, in addition to existing 140,000 m3. Contrary to initial announcements, there will be...

Global Trends Review, September 08-21, 2014: Japan feels oversupply of lumber, China to develop wooden housing

With continuing demand slump in Japan, port inventories of imported Russian lumber like red pine 30×40 mm remain high and the arrivals have not declined yet so supply glut feeling is heavy in the market, ITTO reported. The...

Global Trends Review, August 25 – September 07, 2014: Heavy fall of Japanese timber imports registered in Q2 2014; one more large EU pellet supplier will appear in the US

In the first half-year, Austria exported 3% less laminated wood products, which is 566,000 m3, Holzkurier reported. This decrease is primarily due to heavy losses in Japan. Exports to the Far Eastern market plunged by 38% to 80,500...

Global Trends Review, July 28 – August 10, 2014: political risks create market problems in Russia and Turkey; log supply-demand structure in Japan

Canadian panel producer Norbord reported EBITDA of $33 million in the 2Q 2014 which is 22% higher than in 1Q, but 68% lower than a year-ago indicator. OSB prices and deliveries have grown in North America. Shipments in...

EIA accused Japanese companies of importing products made of illegal Russian timber

Significant quantities of illegal timber products from the forests of Siberia and the Russian Far East are flowing into Japan, according to a new report by the US-based non-profit Environmental Investigation Agency (EIA). The report, “The Open Door:...

Global Trends Review, June 02-15, 2014: large M&A deals in the Baltics; EU parquet trends in Q1

On 10 June 2014, Metsä Group agreed to sell its Estonian subsidiary Metsä Wood Eesti AS to the local company Combimill OÜ. Simultaneously with the transaction, the parties have agreed on commercial cooperation in raw material procurement as...

WhatWood: In Q1 2014, average export price for Russian sawn timber rose 0.2%

The average price of sawn timber exported from Russia following the results of the first quarter of 2014 amounted to $176.3, which is 0.2% higher than a year ago. Compared to Q4 2013, prices increased by 1%. However,...

Global Trends Review, May 05-18, 2014: housing market forecasts in EU; new biofuel investments in Canada, Japan and Europe

The building permits development in 2013 remained negative and is expected to decline in 2014 in France, Italy, Spain, and the Netherlands, though the latter three showed some positive developments, says Fordaq quoting the latest Arch-Vision report on...

Global Trends Review, April 21 – May 04, 2014: Nordic sawmillers report positive Q1 2014; importers of Asian plywood switch to break bulk shipments

Scandinavian sawn timber producers report a good start of 2014 due to improved market demand and better prices on major markets, TTJ said. Moelven’s pre-tax profits in Q1 2014 were NOK 32.9 million (€4 million), compared to NOK...

Global Trends Review, March 24 – April 06, 2014: The year in Europe starts with growing construction; China bans logging in Heilongjiang

In January 2014 compared with January 2013, seasonally adjusted production in the construction sector increased by 8.8% in the euro area (EU18) and by 7.3% in the EU28, as Fordaq said quoting Eurostat. The highest increases in production...