Industry News

ETTF releases Summer 2015 Newsletter

The European Timber Trade Federation (ETTF) has just released its Newsletter for Summer 2015. 

The publication includes an insight on the Global Timber Forum, that took place in June 2015, and an article about the Confederation of Timber Industries project.

Read the ETTF News online.

New ISO Standard will enable full traceability of wood products

As reported by Ligna website, ISO 38001, a new standard for tracing wood to sustainable sources, is now being developed and is expected to be published in May 2017.

This tool will enable full traceability and transparency of wood products helping to tackle deforestation and illegal logging. ISO 38001 will also enable organisations to reassure their customers, suppliers and stakeholders, that the wood they are using is sustainability sourced.

“The new standard will not only demonstrate that the raw material originates from well-managed forests, but that the final product can also be tracked through its various stages of production”, said Dr. Jorge E.R. Cajazeria, chair of the Committee developing the standard .“This can go towards encouraging the use of traceable wood and even preventing illegally sourced wood from getting into the supply chain”, he added.

Encouraging signs for UK Furniture Manufacturing Industry in 2014

The British Furniture Manufacturers (BFM) have issued an infographic showing the performance of the furniture manufacturing industry in 2014. 

The data take in account the export performance and import penetration from 2012 to 2014 considering the value of production for each sector at manufactured prices.

The infographic reveals an increase both in total imports (+7.4%) and exports (+13.1%) of furniture products. Encouraging signs are also recorded for sales of wooden offices (+17.4%) and wooden shops (+17.5%).

For more details click here.

EU wooden furniture exports slow down on fewer orders from Russia

As reported by IHB - FORDAQ websitefrom the second half of 2013, the EU exports of wood furniture to Russia and Eastern Europe "has turned into decline".

"This trend reflects political tensions between the EU and Russia in connection with the crisis in the Ukraine as well as economic difficulties in Russia, which have been aggravated by the political crisis", explains IHB.

On the other hand, good news for EU wood furniture come from North America and China. "Exports to North America continued to rise sharply and deliveries to China and other Asian countries are also increasing", the website highlights.

Read the article.

BMF welcomes support for apprenticeships in Emergency Budget

John Newcomb, Managing Director of the Builders Merchants Federation (BMF), commented yesterday's Emergency Budget welcoming the support for apprenticeships.

“Apprenticeships are the life blood of our economy", said Newcomb. "We have been urging the Chancellor to ensure the future funding provision for apprenticeships is sufficiently attractive to encourage employers to invest in developing new talent and training. The apprenticeship levy is a welcome and much needed boost to this. It means there is a real incentive to take on apprentices."

“The setting of the level of the Annual Investment Allowance to £200,000 by January and raising the Employment Allowance by £1,000 to £3,000 by April next year will help our SME members, in particular", Newcomb added. 

“The freezing of fuel is also good news but and will be offset by the higher wage bills due to the rise in the Living Wage.  Members will be squeezed by this in the short term especially as the fall in corporation tax to 18% will not take full effect until 2020.”