Diamond Wood is addressing a growing market for performance wood, which in China alone has already reached over $20bn USD per year. The company works with domestic Asia construction firms and Asian manufacturers of wood products to support their offering of high-quality products made from sustainable wood.

Asian manufacturers of wood products are concerned about developing market trends of decreasing tropical hardwoods supplies and legislation that further reduce available supplies by requiring all wood imports come from legally logged sources. Diamond Wood expects that these trends will further increase the demand for the company's unique Accoya^® Wood offering.

Diamond Wood expects construction of it its first phase of the Nanjing production facility to begin deliveries in early 2011. Until the Nanjing factory is completed and operational, the Company will import Accoya^® Wood from Titan Wood's factory in Europe with a view to developing key Asia customers and channel partners.