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
The Wooden Skyscrapers That Could Help To Cool The Planet
One building stands out in the old logging town of Prince George, Canada. Encased in a sleek glass facade, the structure towers above most of its...
North American Construction Drives Plywood Market Growth
The global plywood market is expected to expand by the end of 2017, according to Research Nester. Plywood will see increased demand from the...
Mass Timber: The Next Great Disruption Of Construction, Wood Products Industries
Mass Timber: The Next Great Disruption Of Construction, Wood Products IndustriesThe seeds of Andrew Waugh’s great disruption were planted in 2003....
Highly Anticipated LP Siding Plant Delayed In Minnesota
Residents and officials eager for a new siding plant to open in northeast Minnesota are going to have to wait a bit longer. Louisiana-Pacific —...
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!