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....
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 &...
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...
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...
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...
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),...
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...
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...
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...
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...
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...
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...
