More than 24,000 timber industry companies are members of the new IHB-Fordaq online trading platform, which is visited by more than 500,000 people monthly.

The move, which follows the acquisition of IHB by Fordaq, enables users to access directly the combined content of both websites. The IHB brand will continue to be used by Fordaq SA in the German-speaking region of Europe.

Fordaq says it is working on projects to extend its reach into other regions of the world.