Wood Construction

UAE’s wood products demand forecast to rise sharply due to $2.4 trillion worth of construction projects

The wood industry in the United Arab Emirates (UAE) is expected to boom over the next two years as the [...]

Chinese wood products companies reroute to Vietnam as to avoid US tariffs

    The tariffs imposed on the imports of Chinese goods to the US have hit the target [...]

Global construction boom is most likely to have reached its peak in 2018

After ten years of growth (2008-2018), the peak has been reached in the global construction growth cycle: 2018 will [...]

UK to limit the use of CLT in construction

The UK government is banning combustible materials on new high-rise homes, revealing that it will limit the use of [...]

Trump and Xi Jinping agree to suspend trade tariffs

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days [...]

Lowe’s to close 51 stores in North America

Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]

Germany: Mixed developments for wood products prices in September

    The German wood products price index registered some mixed developments in September. Except lumber and reserve [...]

Segezha Group to order a new finger jointing line

    Segezha Group has signed a preliminary agreement to order a finger jointing line with the equipment [...]

Homebuilding rebounds in the US

Sales of newly built, single-family homes rose 3.5% in August to a seasonally adjusted annual rate of 629 [...]

European construction sector becomes more interested in hardwood

The UNECE Committee on Forests and the Forest Industry (COFFI) released their Annual Market Review 2017-2018, together with several [...]