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
Canada Pounces On NAFTA Ruling
Bruce Ralston, Canada Minister of Forests, released a statement in response to a North American Free Trade Agreement (NAFTA) panel ruling on Canada’s challenge of the U.S. Department of Commerce’s final dumping determination on softwood lumber…
Delta Computer Systems Enhances Identity, Leadership
Delta Computer Systems, Inc., a manufacturer specializing in industrial hydraulic motion controllers, is introducing a new business trade name, Delta Motion. Also at this time, Delta Motion announces a new and expanded slate of officers…
BID Group Acquires Quebec’s YGE
BID Group has completed its acquisition of YGE Inc., further enhancing BID’s product offerings within the wood processing saw and tooling sector. YGE Inc. is a supplier and service provider specializing in top-tier saw guides, grinders, and critical consumables catering to the wood processing industry…
West Fraser Invests In Newberry
West Fraser plans to expand its operations in Newberry County, SC. The $17.7 million project is expected to create 30 jobs. The investment at the company’s current location will include an additional 60 acres of land. The company also announced third quarter financial results…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.