Wood Construction

  • Panels
  • October 20, 2017 13:44

Forbo has been fined 75 million euros

The anti-trust proceedings targeting leading flooring systems manufacturers in France, among others Forbo, which has been ongoing since 2013, has been concluded. The one-time costs that will incur for Forbo ...... [more...]

  • Wood Construction
  • October 20, 2017 12:20

US housing starts drop to the lowest level in a year

US housing starts plunged by 4.7 percent to an annual rate of 1.127 million in September from the revised August estimate of 1.183 million... [more...]

  • Panels
  • October 20, 2017 12:12

French competition authority imposes penalty of 302 million euros against flooring producers

The French competition authority (The Autorité) has imposed sanctions totalling €302 million on the three leading manufacturers of PVC and linoleum floor covering, as a penalty for price fixing among other pratices. Acting on information submitted by the ...... [more...]

  • Panels
  • October 20, 2017 10:57

Tarkett has to pay fine of 165 million Euro

Tarkett takes note of the French Competition Authority’s decision to fine several manufacturers of resilient floor coverings operating in the French market. The procedure follows an investigation that started in March 2013 concerning former practices that began ...... [more...]

Wood Construction
  • Wood Construction
  • October 19, 2017 09:28

Production in construction down by 0.2% in euro area

In August 2017 compared with July 2017, seasonally adjusted production in the construction sector decreased by 0.2% in the euro area (EA19) and by 0.4% in the EU28... [more...]

  • Interior
  • October 19, 2017 08:51

The Finnish Honkarakenne delivers 2,500th house in Russia

The 2,500th Honka log home will soon be completed in Russia, providing a second home of 1,080 square metres for a family from St. Petersburg. Honkarakenne, currently preparing for its 60th anniversary, has been operating in the Russian market for more than 20 years... [more...]

  • Sawmilling
  • October 18, 2017 14:36

Universal Forest Products reports Q3 net earnings up 21% year-over-year

Universal Forest Products, Inc. reported record financial results for the third quarter ended September 30, 2017. The company’s net sales rose 28 percent over the same quarter of 2016, ... [more...]

  • Wood Construction
  • October 18, 2017 09:32

Indian real estate in 2017 and beyond

CREDAI, in association with its partner CBRE, has released a report “Indian Real Estate in 2017 and Beyond”. The report covers the major policy related disruptions resulting from government policy changes which have challenged the traditional way the real estate sector operates... [more...]

  • Sawmilling
  • October 18, 2017 08:56

South Africa: Meranti windows face tough competition in low medium income home segment

It is no surprise that domestic pine mills are seeing stock levels rise beyond anything they have experienced and sales prices are coming under pressure... [more...]

  • Sawmilling
  • October 17, 2017 11:07

Brazil: Hint of a recovery in domestic construction sector

Expectation of an economic recovery in 2018 with GDP forecast at 2% is good news for the Brazilian construction sector and the timber industry. Prospects have also brightened as investment in housing is ... [more...]

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