The Abu Dhabi market index ADXGI gained 0.14% to close at 2, 514.45 points. While Etisalat (off 0.44%) weighed on the gauge, Aldar Properties (up 0.82%) supported the measure, gaining Gulf Cement Company reported a 99% increase in half-year ...
Tags: market view, cement
In the first round of internet auctions for the second half-year 2012, the Polish national forestry office has raised the supply of logs for returning buyers by 20% against the same period of last year to 9.166m m³. Log sales increased ...
Tags: market view, log
Wood chip prices in British Columbia have fallen 16 percent over the past six months, the second biggest price decline in North America, after Alberta. Temporary pulpmill shutdowns have led to lower wood fiber demand and sharply reduced ...
Tags: market view, wood chip, price
On 31 July 2012, the competent commercial court in Agen decided on a judicial liquidation process ("liquidation judiciaire") for the poplar and maritime pine plywood producer Xilofrance. After the court had commenced the rescue process ...
Tags: market view, plywood
The Russian softwood plywood producer has started production on two new veneer lines supplied by Raute on 6 July. The lines embrace 4 and 8ft peeling lines, respectively, as well as drying facilities. In addition to the Raute plants Ilim ...
Tags: market view, veneer
Recent research by the Kitchen Cabinet Manufacturers Assn. Reveals the U. S. Kitchen and bath wood-based cabinet market size is $6.997 billion, based on figures for the year ending 2010. The information is based KCMA member companies’ ...
Tags: market view, Kitchen Cabinet
German sawmills and industrial-scale planing mills have reduced their output sometimes significantly in the first quarter of 2012 against the background of excessive supply and insufficient demand on the domestic and most foreign sales ...
Tags: market view, Softwood lumber
The Portuguese wood-based panels company Sonae Industria has revealed that it is exploring the options for its Knowsley particleboard mill near Liverpool, which does business as Sonae UK. The firm will soon enter into consultations with ...
Tags: market view, wood-based panel
In its Coillte Panel Products (CPP) division Coillte increased turnover in the 2011 financial year by 6% to €154m. The export rate in the wood-based panels sector reached roughly 90%. Great Britain, which represents the most important ...
Tags: market view, wood panel, MDF
Increasing OSB sales volumes and prices helped Louisana-Pacific’s (LP) main OSB division return second-quarter operating profits of US$17m (2011: US$23m loss). The OSB division reported net sales of US$195m (2011: US$141m). Sales ...
Tags: market view, OSB
Union Cement Company, the UAE-based supplier of cements to various MENA markets, witnessed a return to profit in the six months to June 30 as it reversed a $2.4m loss in 2011 into a $5.6m profit. The company attributed the profits increase ...
Tags: market view, cement
Kuwait Finance House (KFH) held its annual meeting with major companies and retail dealers in the local market of construction materials. During the meeting, KFH demonstrated its outlook and strategic plans to support the market and boost ...
Iranian cement and clinker exports jumped 30% year-on-year in the first four months of the current calendar year, which began on March 20, to more than 4.64 million tonnes of, IRNA has reported. Iraq, Central Asia, the UAE and Afghanistan ...
Tags: market view, cement
Coventry-based woodworking machinery supplier Ney Ltd’s factory has been destroyed in a major fire. West Midlands Fire Service was called to the 75, 000ft2 site on Middlemarch Business Park near Coventry Airport at 5.10pm yesterday. ...
Tags: market view, woodworking machinery
Metsä Wood has posted first-half operating profits of €16m from sales of €471m but the company hinted that its third-quarter performance would be hit by a number of factors. The company said that seasonal fluctuations in ...
Tags: market view, wood