I used that for our decking. It is made about 25 km from us so we got it straight from the mill.
The advantage of Thermowood (for me at least) was that it is long-lasting without needing any finish to be applied (and re-applied, and re-applied ad nauseum). At a previous house we had a decking that needed to be re-treated every year ideally, every 2 years as a minimum, but I don't know if that was down to our climate. Anyway, our Thermowood decking has had no treatment at all, ever, and I like that.
There are 3 downsides that I am aware of:
First, the colour. It starts off a lovely warm brown colour but if you want it to stay that way you would have to treat it with varnish or something. I haven't done that so it has faded to a grey colour. I knew that would happen and I don't mind it but I think few would claim it is an attractive colour and I imagine it could turn some people off the product.
Second, there is a significant loss of strength compared to untreated wood.This did not matter for our decking but keep it in mind for anything structural.
Third, the heat treatment seems to rip the guts out of the wood. Again, not important for our decking but it is the opposite of close-grained and I think would be horrible for joinery work.