Tag Archives: export
DTI Taps Export Potential Of ‘Engineered’ Bamboo
Philippine Daily Inquirer 9:08 pm | Friday, August 9th, 2013 The Department of Trade and Industry wants to tap the export potential of “engineered” bamboo as it is expected to provide Philippine furniture manufacturers a competitive edge in the Asean region. This will be critical after 2015 when the economies of the 10-member countries of the Asean would have been integrated under the Asean Economic Community, allowing the free flow of goods and manpower across the region. Senen M. Perlada, director at the DTI’s Bureau of Export Trade Promotion (BETP), said engineered bamboo had huge export potential since bamboo is endemic in the country; bamboo plantations can thrive nationwide; and new technologies are readily available for adoption. “The innate creativity of the Filipino and the plant’s flexibility as a raw material for a variety of products and uses can be showcased in international trade exhibitions and missions, as well as in local trade fairs and exhibits,” Perlada added. Engineered bamboo refers to the low-cost product manufactured from bamboo and designed to replace wood. Citing World Bamboo Resources, the DTI said that the Philippines had about 172,000 hectares of bamboo forest in 2005, or about 2.4 percent of the country’s total forest area of 7,162-million hectares. Over the past five years, the country’s export sales of bamboo furniture and furnishings had been on a seesaw trend, reaching a high of $1.21 million in 2008 and then dropping to $928,132 in 2009, government data showed. In 2010, export sales stood at $689,786, before it regained momentum in 2011 with sales reaching $1.1 million. In 2012, sales of bamboo furniture dropped by 56.9 percent to $481,195 from the previous year. The Philippines’ main markets for bamboo furniture in 2012 were the United States, which accounted for $261,020; France, $64,806; and the Netherlands, $35,116. Exports of bamboo furnishings, though more modest compared to bamboo furniture, brought in $365,398 in 2008 and $464,343 in 2011, but dropped to $100,521 in 2012. The main market was France, which bought 90 percent or $90,329 worth of bamboo furnishings from the Philippines in 2012. Amy R. Remo Continue reading
Lamboo Wins Governor’s Export Award
Lamboo, Inc., the leading brand in engineered bamboo for structural, architectural and industrial applications, today announced that it has won the 2013 Illinois Governor’s Export Award in the Emerging/New Export Business category. Springfield, Illinois (PRWEB) August 05, 2013 The award recognizes the rapid growth of Lamboo’s export sales in 2012 by 63 percent over 2011. 27 percent of the company’s total sales are now attributed to exports. “We are immensely proud to receive this award,” said Luke Schuette, founder and president of Lamboo. “The award is testimony to the growing global recognition of Lamboo as a high-performance brand and the growing interest in bamboo as a sustainable raw material for green building and design applications.” Illinois Governor Pat Quinn handed out the award at a ceremony in Chicago. Lamboo was established in 2007 in Springfield, Illinois and has quickly grown into the leading high-performance brand in the bamboo industry through leadership in internationally recognized standards and certifications for engineered bamboo products. The company’s products include structural components, beams, window and door components, panels and veneer. Lamboo is also leading the technology in other premium industrial applications such as business jets, super yachts, and luxury cars due to properties such as ultra-high stability in harsh environments such as high temperatures and humidity swings. Lamboo has developed its processes through proprietary technology and partnership with industry world leaders. “Lamboo’s vision is to combine high-performance technology with sustainability,” said Schuette. “We see great potential for growth as the green building and ecological innovation wave within primary industries continues to spread across the globe.” Lamboo is benefiting from growing interest in green building standards such as LEED (Leadership in Energy and Environmental Design). Many global companies and government entities now require their buildings to be LEED-certified, and Lamboo provides more LEED points than any other OEM product for structural or industrial integrations currently on the market. “Illinois has historically been a global leader in architecture,” said Schuette. “We are proud to be a part of the next chapter in this rich history of innovative thinking.” For further information, please contact Henrik Rasmussen at 202-403-4240 or henrik(at)lamboo(dot)us. Continue reading
