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European real estate company Icamap is raising €1B through its Icawood 2 fund to bring timber commercial buildings to UK; Icawood 1, launched in 2019 in partnership with timber construction firm WO2, is now targeting a return of 12% for investors
Published: May 20, 2022 by Construction News (Emap Ltd.)
Mercer Mass Timber plans C$50M spend over two years at CLT manufacturing facility in Washington's Spokane Valley; Mercer acquired the plant in mid-2021 out of Katerra bankruptcy, and has hired 80% of site's former employees since opening in fall 2021
Published: May 20, 2022 by Woodworkingnetwork.com
Fitch: Key way to reduce construction sector's emissions will be in developing green building materials; innovation expected in production method of cement, concrete and steel, while demand expected to rise for timber, wood and other composite materials
Published: May 12, 2022 by Fitch Solutions Sector Intelligence
Mass timber construction can be a better option than steel and concrete, says FSC, but wood sources and transport must be sustainable; timber design using sustainable sources, transported over shorter distances can sequester carbon, have a cooling effect
Published: May 12, 2022 by Forest Stewardship Council (FSC)
Softwood Lumber Board 2021 Annual Report highlights major AWC wins for wood in 2024 IBC, including a provision to allow for fully exposed mass timber ceilings in buildings up to 12 stories tall; WoodWorks influenced 1,700 projects to build with wood
Published: May 12, 2022 by Globe Newswire

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