“Two German engineers worked out how to liquefy it in 1996; their company has been shipping it since 1998”
Correct. Two German scientists really did invent this material in 1996 and launched a company in 1998 that still sells it today.
Show the working
Jürgen Pfitzer and Helmut Nägele developed the Arboform compound at the Fraunhofer Institute for Chemical Technology (ICT) in Pfinztal starting in 1996. They spun the technology out to form Tecnaro GmbH in 1998 and have produced commercial batches of "liquid wood" ever since.
Where this comes from: Fraunhofer-Gesellschaft spin-off archives and Tecnaro corporate registry.