Indonesia To Keep Export License System
Backing off an earlier announcement that Indonesian wood products exporters would no longer need to obtain a license showing the wood’s origin and legality, Indonesia’s Ministry of Trade recently reversed itself after an outcry from wood products brokers. Called “v-legal” (verified legal), the license system was developed years ago after Indonesian log exports came under fire for illegal and unsustainable logging practices. Companies across Indonesia objected to the original announcement in February, claiming it would irrevocably harm exports, lock Indonesian products out of the lucrative EU market and hurt the reputation of Indonesian producers who have worked to improve forestry practices. Under a 2013 agreement, all timber products shipped from Indonesia to the EU must have the v-legal license. Trade groups in the U.S.and Australia had also questioned the announcement. Backers claimed the v-legal process is too expensive, but others noted the move would hamper furniture exports that grew by almost 15% from 2018-19.
Latest News
Bamboo Mill Gains Steam
Resource Fiber, a leader in efforts to manufacture commercial bamboo products, plans to establish its first full-scale production plant in Sulligent, Ala. Resource Fiber plans to invest $3.6 million in the Lamar County facility, where it will produce engineered…
Collins Appoints TJ Rosengarth As President & CEO
Collins has appointed TJ Rosengarth as President & CEO. Rosengarth succeeds Eric Schooler and assumed responsibilities on February 15. Rosengarth is well known for his extensive…
David Smith Serves As CPA Chairman, ’21 Board Announced
Composite Panel Assn.’s 2021 Board of Directors leadership team includes David Smith of Timber Products Co. as 2021 CPA Board Chairman with Steve Carroll of Arauco North America as…
Kadant Completes Cogent Purchase
Kadant Inc. completed its acquisition of Cogent Industrial Technologies Ltd., a leading industrial automation and controls solution provider. The acquisition enables Kadant to deliver a more data connected and integrated…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!