News Focus
News Focus
Followers 23
Posts 632
Boards Moderated 0
Alias Born 01/31/2004

Re: fringe_remnant post# 62581

Sunday, 09/03/2006 12:16:57 PM

Sunday, September 03, 2006 12:16:57 PM

Post# of 311080
Times have changed drastically:

Here's an article entitled: "Wood demand soars in Dubai":
http://tinyurl.com/hrvmq
(37.5% growth in 2005).

From an article on the Dubai Woodshow 2006 [ http://www.gulfconstructionworldwide.com/Articles.asp?Article=7619 ]:
“The entire Middle East is witnessing frenetic activity in the construction sector, sparking the growth of the wood industry and transforming the region into a major wood consumer. The UAE in particular is seeing major growth, given the scale and enormity of mega projects being undertaken in the city, such as The Palm islands, the Dubai Waterfront or the Burj Dubai – tipped to be the tallest building in the world. More importantly, the city has been witnessing large-scale construction of residential and commercial complexes, in addition to business zones, luxury hotels and shopping malls and all of this signifies immense potential for growth of the wood sector,” says a spokesman for the organiser.
The Dubai Woodshow 2006 also featured an extensive American line-up, led by the American Hardwood Export Council (AHEC) – the foremost trade association for the US hardwood industry. “Lumber constitutes the bulk of US hardwood exports to the UAE, with exports of American hardwood lumber and veneer to the region increasing by 7 per cent and 90 per cent respectively while flooring exports registered an astonishing 1,345 per cent jump, last year. Wood imports to the UAE also grew 34 per cent to touch Dh 5.2 billion, last year,” he says.

Twoggle
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y