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European Parliament Vote Confirms Delay of EUDR Implementation
BELGIUM - The European Parliament has voted to delay the EU Deforestation Regulation (EUDR) by one year. Originally set to take effect on December 30, 2024, the law will now apply from December 30, 2025, for large companies, and June 30, 2026, for small businesses....
Hendrik Rawe Appointed New Department Head at Deutsche Messe
GERMANY - As of November 1, 2024, Hendrik Rawe (34) has assumed the position of head of the “LIGNA, INTERSCHUTZ, parts2clean, and SurfaceTechnology GERMANY” department at Deutsche Messe. He will report to Arno Reich, Senior Vice President of the “Trade Fair &...
Dieffenbacher Receives Order for OSB plant in Chile
CHILE - Chilean company Celulosa Arauco y Constitución S.A. (Arauco), the world’s second-largest wood panel manufacturer, has commissioned Dieffenbacher to supply an OSB plant to replace an existing MDF line at its Trupan site in Cholguán, Bío-Bío region. The plant is...
Novopan Reinforces Sustainability with Recycling Lab
ECUADOR - Novopan, a leader in the wood based panels industry, continues to demonstrate its commitment to sustainability through active participation in the Recycling Lab, Latin America's first thematic park focused on promoting the circular economy and responsible...
Home Depot Reports 6.6% Sales Growth in 3Q-2024
USA The Home Depot, the world’s largest home improvement retailer, reported 3Q-2024 (3Q-2024) sales of USD 40.2 billion, a 6.6% increase from USD 37.71 billion in 3Q-2023. However, comparable-store sales declined 1.8%, marking the eighth consecutive quarter of...
Arauco Posts Strong Results for 3Q-2024
CHILE – Arauco, one of the largest wooden panel manufacturers in the world, has reported solid results for both the third quarter and the first nine months of 2024, with growth in sales and improved profitability. For the July to September period of 2024 (3Q-2024),...
Homag Group Sales Down 13.8% in 3Q-2024
GERMANY - In the third quarter of 2024, Homag Group reported a 12.2% increase in order intake, reaching EUR 332.7 million, compared to EUR 296.6 million in the same period of 2023. However, sales declined by 13.8%, falling to EUR 349.5 million from EUR 405.5 million...
Hettich is Now Official Member of the German Design Council
GERMANY - Hettich, the East Westphalian fittings manufacturer, is now an official member of the German Design Council and has been included in the 2025 edition of the publication The Major German Brands. The Council's cross-industry network connects business and...
Eucatex Posts Strong Export Growth in 3Q-2024
BRAZIL - Eucatex, one of the largest wood panel producers in Brazil, also operating in the segments of paints and varnishes, laminated floors, partitions, and doors, published its results for the 3rd quarter of 2024 (3Q-2024). In the Furniture Industry and Resale...
Aglomerados Cotopaxi and USFQ Collaborate on Carbon Research in Protected Areas
ECUADOR - Aglomerados Cotopaxi, one of the leading forest companies in the country, has signed a cooperation agreement with the Universidad San Francisco de Quito (USFQ) to conduct pioneering research on the carbon storage potential of Ecuador’s páramo and...
Wayfair Reports 2% Sales Decline in 3Q-2024
USA - Wayfair, one of the world’s largest online furniture and home goods retailers, today announced its financial results for the third quarter of 2024, ending September 30. Sales revenue reached USD 2.9 billion, a decrease of 2.0%, compared to the same period last...
Dexco Reports Strong 3Q-2024 Growth
BRAZIL – Dexco, the largest wood panel manufacturer in Brazil, reported Sales Revenue of BRL 2,239.1 million for 3Q-2024, a 26.6% increase compared to the same period last year. This growth was driven by strong demand in the Wood Division and a more active panel...
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European Parliament Vote Confirms Delay of EUDR Implementation
BELGIUM - The European Parliament has voted to delay the EU Deforestation Regulation (EUDR) by one year. Originally set to take effect on December 30, 2024, the law will now apply from December 30, 2025, for large companies, and June 30, 2026, for small businesses....
Hendrik Rawe Appointed New Department Head at Deutsche Messe
GERMANY - As of November 1, 2024, Hendrik Rawe (34) has assumed the position of head of the “LIGNA, INTERSCHUTZ, parts2clean, and SurfaceTechnology GERMANY” department at Deutsche Messe. He will report to Arno Reich, Senior Vice President of the “Trade Fair &...
Dieffenbacher Receives Order for OSB plant in Chile
CHILE - Chilean company Celulosa Arauco y Constitución S.A. (Arauco), the world’s second-largest wood panel manufacturer, has commissioned Dieffenbacher to supply an OSB plant to replace an existing MDF line at its Trupan site in Cholguán, Bío-Bío region. The plant is...
Novopan Reinforces Sustainability with Recycling Lab
ECUADOR - Novopan, a leader in the wood based panels industry, continues to demonstrate its commitment to sustainability through active participation in the Recycling Lab, Latin America's first thematic park focused on promoting the circular economy and responsible...
New Furniture Training Factory Opens in Germany
GERMANY - The Furniture Industry Training Factory in Löhne officially opened on November 5, 2024, after 16 months of construction. This state-of-the-art facility, funded with EUR 22.5 million from the German Federal Government and the state of North Rhine-Westphalia,...
interzum Award 2025 Entries Now Open
GERMANY - The interzum Award 2025 is now open for entries from exhibitors participating in Interzum 2025. The award is looking for innovative and sustainable solutions across the categories of Function & Components, Materials & Nature, Textile & Machinery,...
Ibá Releases Study on Biodiversity in Cultivated Tree Sector
BRAZIL - On October 21, 2024, at the start of COP16, The Brazilian Tree Industry Institute (Ibá) launched its study "Biodiversity: A Commitment from the Brazilian Cultivated Tree Sector." The 55-page report outlines the ongoing actions of sector companies that align...
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