FINLAND – Koskisen, a Finnish leader in wood processing, is advancing its production with AI-driven technology, enhancing its high-quality products such as sawn timber, plywood, and chipboard. In 2023, the company reported a turnover of EUR 271 million, underscoring...
BRAZIL – Eucatex reported strong sales growth in 2024, but profits declined compared to the previous year. In the 4Q-2024, sales totaled BRL 753.6 million, a 13.6% increase from BRL 663.1 million in 4Q-2023. In the Industry and Resale segment, which includes...
BRAZIL – Dexco, the largest wood panel manufacturer in Brazil, reported a 5.9% increase in consolidated revenue for 4Q- 2024, reaching BRL 2,064.2 million. This growth was driven by strong performance in the Metals and Sanitary Ware division, benefiting from a richer...
MEXICO – Proteak, the largest forestry company in Mexico specializing in MDF boards and teak, posted mixed financial results in its latest report. In the 4Q-2024, revenue grew 40.2% to MXN 328.1 million, driven by a 365,5% increase in other income. However, MDF sales...
CANADA – Uniboard, Canada’s largest producer of particleboard and value-added products for a range of interior and exterior applications, has announced a USD 5.5 million investment in a cutting-edge robotic material handling system at its Val-d’Or facility. This...
CHILE – Masisa, a leading company in the regional wood-based panel industry, has released its financial results for 2024, showing a slight decrease in sales but a significant improvement in its net loss compared to the previous year. The company posted USD 294.5...
CHILE – Arauco, the Chilean forestry and wood products company, reported strong financial results for the fourth quarter and full year of 2024, showing notable growth in sales and profitability. In 4Q-2024, Arauco achieved sales of USD 1,661.6 million, a 5.9% increase...
PORTUGAL – Sonae Arauco, one of the world’s largest wood-based solutions companies, has secured a EUR 200 million Sustainability-Linked Loan. The financing is based on sustainability targets for 2029, including a 9.3% increase in recycled wood use and a 59% reduction...
UNITED KINGDOM – Premier Forest Products has launched DryGuard FR, the world’s first plywood that combines both fire-retardant and water-resistant properties. Developed in partnership with European manufacturer Paged, this innovative product offers unparalleled...
AUSTRIA – The Egger Group, one of the top global wooden panel manufacturers, has announced the appointment of Roland Auer as its new Chief Marketing Officer (CMO), effective May 1, 2025. Auer, who brings over 30 years of industry experience, joins Egger from...
BELGIUM – The European Panel Federation (EPF) has announced the appointment of Matti Rantanen as its new Managing Director, effective May 5, 2025. Rantanen will succeed Clive Pinnington, who has decided to step down at the end of June 2025. Rantanen, 40,...
ECUADOR – Novopan, a regional leader in wood panel production and decorative surface design, held its annual Workshop Pelíkano, bringing together international architects, designers, and industry experts. The event, held on February 7, 2025, at Novopan’s headquarters,...
