September 02, 2021

DHA eNews - Vietnamese Plywood Will Be Covered As Chinese Product

Vietnamese Plywood Will Be Covered As Chinese Product

The U.S. Department of Commerce issued an affirmative preliminary determination in the ongoing scope proceeding about hardwood plywood antidumping and countervailing duty orders. This scope inquiry stemmed from an Enforce and Protect Act (EAPA) allegation filed by Plywood Source against companies importing plywood from Vietnam Finewood.

Commerce found that two-ply panels are covered by the scope of the orders on hardwood plywood from China. Commerce also found that two-ply panels manufactured in China and finished in Vietnam by Vietnam Finewood were not substantially transformed in Vietnam.

COVID-19 Outbreak Has Huge Impact On Vietnam's Wood Industry

In July, Vietnam's export revenue from wood products dropped 17.3% vs. the previous month. Export revenue in the first 15 days of August totaled $374.8 million, reaching only 45.5% of the revenue generated in the first 15 days of July.

U.S. Hardwood Exports To India Surge

U.S. hardwood lumber exports to India increased a "remarkable" 228% in the first half of 2021. Total exports of U.S. hardwood lumber to India reached $3.7 million, up from $615,000 in the first half of 2020.

Industries Are Growing, But Companies Are Scrambling To Keep Workers

The latest National Kitchen & Bath Association survey showed that sales of kitchen and bath cabinets grew an estimated 11% in the second quarter of this year. The downside: "80% of companies reported increasing labor rates to retain employees – with nearly two-thirds reporting increasing rates of as much as 19%."

LM Flooring Announces Massive Product Launch

This fall, LM Flooring will launch 55 new SKUs in the largest new product launch in the company's 20-year history. LM Flooring is owned by AHF Products and manufactures products at AHF Products' Sihanoukville, Cambodia factory.

Roseburg Invests Millions In Technology, Restructuring

Roseburg will invest millions of dollars in new technology in its western manufacturing operations after an extensive analysis of strategic business opportunities. As part of the restructuring, the company will close its particleboard plant in Dillard, Oregon, affecting 179 employees. Efforts are underway to employ the workers elsewhere in the company.

Find A Reputable Supplier

Download the 2021 Decorative Hardwoods Association Where to Buy membership directory to find reputable suppliers of veneer, hardwood plywood, engineered wood flooring, machinery, and more. Get your free copy today!

Forest Service Awards Wood Products, Forestry Grants

The U.S. Forest Service recently awarded grants of more than $15 million to fund 60 projects. These grants will help develop and expand the use of wood products, strengthen emerging wood energy markets, and protect community forests. Matching funds and partner funds of $30 million bring the total to $45 million.

China Promises To Plant More Trees To Cut Carbon Emissions

China has promised to plant nearly 9 million acres of new forest each year - an area larger than Belgium - from now through 2025 to combat climate change and protect natural habitats. The plan is described as "land greening" by China's State Forestry and Grasslands Commission.

Tropical Forests In Africa's Mountains Store More Carbon

A new study shows that tropical mountain forests in Africa store about 150 tons of carbon per hectare. This is significantly more carbon than previously thought and is more per unit area than the Amazon rainforest. However, nearly one million hectares of forest have been lost in the region in the past 20 years.

Amazon Reaches Record Deforestation

Researchers in Brazil report that deforestation of the Amazon, in the 12 months from July 2020 through June 2021, reached the highest level in a decade. In July 2021 alone, the amount of deforestation in the Amazon was larger than the area of the city of Sao Paulo.

Will Wood Waste Replace Aluminum In Food Packaging?

A breakthrough by scientist Jiaying Li, who is working with the Dutch Advanced Research Centre Chemical Building Blocks Consortium in collaboration with the University of Twente, Wageningen University, BASF, and AkzoNobel may lay the groundwork for using wood waste to make packaging for foods from potato chips to coffee. The team seeks to create a new recyclable coating to replace the metalized packaging currently used.

Real Business Fixed Investments Rebound From COVID Downturn
July’s Housing Starts Down, But Permits Up
New-Home Sales Dropped 13.2% In July
Existing Home Sales Up 2% In July
New Single-Family Home Size Is Rising
U.S. Home Building Up By One-Fifth; Canadian By Two-Fifths
Annual Pace Of Housing Starts In Canada Slowed In July
Q2 Was Best Quarter For Townhouse Construction In 14 Years
Builder Confidence At 13-Month Low Due To Higher Material Costs, Home Prices
July Construction Employment Still Below Pre‑Pandemic Peak In 36 States
Wood Quiz: Test Your Knowledge

What and where is the tallest native hardwood tree in North America?

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