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The Chairman of the Indonesian Furniture and Craft Industry Association (HIMKI), Supriyadi, said the value of Indonesia’s exports of furniture and crafts will likely fall below US$1.2 billion by the end of this year and the downturn in exports is already having a major impact on companies, many of which have either stopped operating or cut production...... [more...]
Indonesian furniture manufacturers are optimistic that production will be back to normal by the end of the first quarter of 2021 but, because average production utilisation will be stuck at around 30%... [more...]
Ingka Group, IKEA’s parent company, is increasing the pace of investment to meet the retailer’s overall goal of becoming climate positive by 2030...... [more...]
According to Vietnam Customs, at the end of June, wood and wood product (W&WP) export revenues amounted to US$4.903 billion, 4% up compared to the same period of 2019 and 22% higher than in May...... [more...]
Indonesian furniture manufacturers are optimistic that production will be back to normal by the end of the first quarter of 2021 but, because average production utilisation will be stuck at around 30%...... [more...]
The EU is one of the top 5 markets for wood and wood products (W&WP) exported from Vietnam. In 2019 the W&WP exports to the EU (then including the UK) was reported at US$865 million...... [more...]
Malaysian furniture exports did surprisingly well over the first four months of the year despite the disruption of production and uncertainty in international markets...... [more...]
The first virtual edition of Global WoodShow is all set to take place from 7 – 9 September, 2020. Exhibitors and visitors will be able to avail an umpteen amount of benefits such as reduced participant cost, networking with elite industry experts, promotion of brand scope and portfolio digitally...... [more...]
In order to meet the steadily increasing demand for high-quality laminate floors, Unilin wants to increase production capacity at the Belgian plant in Vielsalm...... [more...]