08.02.2021 Views

Panels & Furniture Asia May/June 2020

Panels & Furniture Asia (PFA) is a leading regional trade magazine dedicated to the woodbased panel, furniture and flooring processing industry. Published bi-monthly since 2000, PFA delivers authentic journalism to cover the latest news, technology, machinery, projects, products and trade events throughout the sector. With a hardcopy and digital readership comprising manufacturers, designers and specifiers, among others, PFA is the platform of choice for connecting brands across the global woodworking landscape.

Panels & Furniture Asia (PFA) is a leading regional trade magazine dedicated to the woodbased panel, furniture and flooring processing industry. Published bi-monthly since 2000, PFA delivers authentic journalism to cover the latest news, technology, machinery, projects, products and trade events throughout the sector. With a hardcopy and digital readership comprising manufacturers, designers and specifiers, among others, PFA is the platform of choice for connecting brands across the global woodworking landscape.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>May</strong> / <strong>June</strong> <strong>2020</strong>, Issue 3 | <strong>Panels</strong> & <strong>Furniture</strong> <strong>Asia</strong> NEWS | 15<br />

SOUTH KOREA ANNOUNCES PRELIMINARY DECISION TO IMPOSE<br />

ANTI-DUMPING DUTY ON PLYWOOD IMPORTED FROM VIETNAM<br />

KOREA’S Ministry of Trade, Industry<br />

and Energy has made a preliminary<br />

decision to place anti-dumping<br />

duties on plywood products from<br />

Vietnam, and requested the Ministry<br />

of Economy and Finance to impose<br />

an anti-dumping duty of 9.18 percent<br />

to 10.65 percent on plywood coming<br />

from Vietnam, reported Business<br />

Korea on 17 th April.<br />

one month from its official request.<br />

According to the Ministry of Trade, Industry<br />

and Energy, abnormal prices of plywood<br />

products imported from Vietnam has<br />

adversely impacted the domestic industry.<br />

The plywood products that will be investigated<br />

include those used as interior and exterior<br />

building materials, furniture, packaging<br />

boxes and interior goods. In 2018, the<br />

plywood market of South Korea was<br />

valued at approximately 900 billion won,<br />

with plywood from Vietnam accounting for<br />

about 45 percent of the market.<br />

The investigations will cover the period of<br />

2016 to the first half of 2019. P<br />

The Ministry of Economy and Finance<br />

is expected to make a decision within<br />

FSC INTRODUCES<br />

TRANSACTION<br />

VERIFICATION FOR<br />

ALL FORESTS IN<br />

CHINA<br />

FSC will introduce transaction<br />

verification for all forests in China in<br />

<strong>2020</strong>. This transaction verification will<br />

cover all FSC claims made between<br />

1 January and 31 December 2019.<br />

All FSC forest management certificate<br />

holders in China are required to<br />

participate.<br />

Affected certificate holders will<br />

receive a direct notification<br />

from their certification body by<br />

14 <strong>May</strong> <strong>2020</strong> with further details<br />

on requirements. The deadline for<br />

these certificate holders to submit<br />

requested transaction data is<br />

14 <strong>June</strong> <strong>2020</strong>.<br />

Transaction verification is a process<br />

of comparing and then verifying all<br />

transactions within a specific product<br />

type, group or region that are claimed<br />

to be FSC certified over a given time<br />

period. FSC and its accreditation<br />

body ASI have been conducting<br />

transaction verification on supply<br />

chains with selected certificate<br />

holders since 2017. This action is a<br />

response to allegations of non-FSC<br />

certified products being inaccurately<br />

claimed as FSC certified. P

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!