New News information at Wood Based Panels New and updated information from News listed on en-us New News information at Wood Based Panels http://http// Strikes at Finland’s sawmills and plywood factories highly probable as negotiations with Union continues The strikes threatening forestry could damage the industry to the tune of €1bn. The Finnish Forest Industries Federation (FFIF) believes that it is highly probable that the strike at sawmills and plywood factories called for by the Industrial Union will take place. Tue, 28 Jan 2020 14:26:21 GMT Corrupt Indonesian timber company boss jailed for five years and fined more than $180,000 A high court in Indonesia has upheld the conviction, jail term and fine of a corrupt timber trader. The relatively severe punishment is the first of its kind in the Indonesia timber sector. Thu, 23 Jan 2020 12:58:52 GMT Italy's Scm Group confirms its financial stability and rewards innovation Scm Group ended 2019 with a turnover in excess of €700m, in line with 2018's record figures and on budget for the year. It was also in line with orders thanks mainly to the upward swing in the last few months. Wed, 22 Jan 2020 14:44:00 GMT China finally appears to be tackling the problem of illegal timber and logging The Environmental Investigation Agency (EIA) reports that China is amending its Forest Law to include a nationwide ban on buying, processing or transporting illegally sourced timber. Tue, 21 Jan 2020 14:47:00 GMT Masisa sales revenues drop in Q3 as result of divestments Masisa’s sale of two panel mills in Mexico in 2019 was largely responsible for the company posting a large drop in sales revenues in Q3. Tue, 14 Jan 2020 15:09:18 GMT Brazilian furniture manufacturer Grupo Herval expands in North America Leading Brazilian furniture manufacturer Grupo Herval has opened a facility in Miami to expand into the North American market. Tue, 14 Jan 2020 15:03:26 GMT CMPC lower Q3 plywood sales Chilean forestry company and plywood producer CMPC reported lower Q3, 2019 plywood sales volumes due to lower sales in Chile and exports to Europe. Tue, 14 Jan 2020 15:00:00 GMT UK focuses attention on plywood performance claims In response to correspondence from its members, the UK Timber Trade Federation (TTF) is reminding UK importers to once again focus on the responsibilities imposed upon them by the Construction Products Regulation (CPR). Mon, 13 Jan 2020 14:59:17 GMT Arauco reports Q3 reduction in panel product prices Arauco’s wood products division reported a 26.7% reduction in EBITDA for Q3, 2019 mainly due to a decrease in wood panel prices. Mon, 13 Jan 2020 14:54:01 GMT LVL panel connection method wins open source wood challenge <img height='60px' width='60px' src= ' /Uploads/NewsArticle/7594352/thumbnail.jpg'/></a>Metsä Wood's Open Source Wood initiative announced a competition to find clever ways to connect large LVL panels. The winning idea was designed by Nazar Shklianka, an architect from Ukraine. Fri, 10 Jan 2020 14:37:00 GMT