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),...
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...
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...
Proteak Informs 3Q-2024 Results
MEXICO - Proteak, Mexico's largest forestry company, reported its results for the third quarter of 2024 (3Q-2024). Sales of the MDF and Teak businesses reached MXN 291.5 million in the quarter, 1% higher than the immediately preceding quarter, excluding other income...
RoyOMartin Opens Largest OSB Site in North America
USA - Roy O. Martin, a U.S. manufacturer of OSB and plywood, has officially launched the second production line at Corrigan OSB LLC in Corrigan, Texas. This expansion makes their oriented strand board facility the largest of its kind in North America. Texas Governor...
Dexco Orders Steam Recovery System for MDF Plant
BRAZIL - Dexco Brazil, the largest manufacturer of wood-based panels in the country, has placed an order for the world’s largest EVOfuge steam recovery system from Sunds Fibertech, set to be installed at Dexco’s MDF plant located in Agudos. This advanced system is...
Metro-Ply Orders New MDF Line from Siempelkamp
THAILAND – Metro-Ply Group, a leading producer of wood-based panels in Southeast Asia, has ordered its sixth wooden panel line from Siempelkamp Group for its Surat Thani facility in Thailand. This new MDF line, featuring the advanced ContiRoll Generation 9i press, is...
Unilin Invests EUR 20 Million to Initiate Industrial MDF Recycling
BELGIUM - Unilin is investing EUR 20 million to launch industrial-scale MDF recycling at its Bazeilles, France, facility. Previously, MDF items like decorative panels and flooring were incinerated due to the glue binding the wood fibers, which posed a recycling...
Egger Plans Major Investment for New Plant in Germany
AUSTRIA - The Egger Group, headquartered in St. Johann in Tirol, Austria, is embarking on significant investment plans for its new plant in Markt Bibart, Germany, which became part of the group in November 2023. With over EUR 200 million allocated for projects by...
Aglomerados Cotopaxi Boosts Energy Autonomy with New Generators
ECUADOR - In response to energy challenges in Ecuador, Aglomerados Cotopaxi has implemented an advanced self-generation system that covers 45% of its daily power needs, enhancing operational continuity and sustainability. In July, the company imported state-of-the-art...
Brazil: MDF/HDF production capacity exceeds 8 million cubic meters
BRAZIL - In 2023, Brazil's installed production capacity for medium-density fiberboard (MDF) and high-density fiberboard (HDF) reached a total of 8,055,000 cubic meters across 22 production lines. This capacity underscores Brazil's importance in the global wood-based...