world news - 18.12.2007

Indonesia gains edge in wood panel exports

Indonesia’s wood panel exports are expected to rise as a result of declining raw materials in competitor countries, according to Antara News.

The Deputy Chairman of the Indonesia Wood Panel Association, Abbas Adhar, also noted that the rise in ecofriendly products was giving Indonesian wood panel exports a competitive edge in the industry. He noted that wood panel exports from Indonesia were expected to top US$2 billion next year. The volume of wood panel exports were also expected to increase, jumping from 1.7 million m³ in 2007 to 2.5 million m³ in 2008. Other countries, such as Malaysia and China, were expected to experience declines in raw materials availability, which some attribute to Indonesia’s crackdown on illegal logging activities.

www.fordaq.com


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