GERMANY – Homag Group has broken ground on a new customer center and modern company restaurant at its Schopfloch headquarters, part of a EUR 40 million investment. CEO Dr. Daniel Schmitt highlighted the site’s global importance, stating it will serve...
DENMARK – Kronospan Denmark announced that on July 1, 2025, it finalized the acquisition of the remaining 50% stake in Nordalim A/S from Dynea A/S, making it the sole owner of the Denmark-based chemical producer. The strategic move underscores Kronospan’s commitment...
ECUADOR – Ecuador imported USD 15.56 million worth of panel decor paper in the first five months of 2025 (5M-2025), reflecting an 8.9% year-on-year increase, according to customs data. This rise was primarily fueled by strong import growth from Austria and Italy,...
CHILE – Chile exported USD 24.53 million in particleboard/MDP between January and March 2025 (1Q-2025), representing a 2.7% increase over the same period in 2024. The rise was driven by higher shipments to key markets such as Costa Rica (+42.9%), Guatemala...
GERMANY – Effective July 1, 2025, Dr. Stephan Niggeschmidt will take over as CEO of the Service Business Unit at Siempelkamp Group, and join the Management Board of Siempelkamp Holding. He succeeds Stefan Wissing, who is set to retire at the end of the year...
