SPAIN – With an investment of more than EUR 400 million, this new Kronospan plant is one of the largest foreign investments ever recorded in the area and will lead to the creation of around 180 direct jobs and around 1,500 additional indirect jobs in timber supply, logistics, maintenance, and services.
CalPlant Announces Liquidation
USA – CalPlant, based in Willows, Ca., has opted to initiate an orderly liquidation of its assets under bankruptcy protection.
Arauco Sales Down 18.3% in 1Q-2023
CHILE – Arauco, one of the largest global forestry companies, reported that sales revenues reached USD 1,439.5 million in the first quarter of 2023 (1Q-2023), a decrease of 18.3 percent when compared to the 1Q-2022.
Eucatex Reports Positive 1Q-2023
BRAZIL – Eucatex, one of the largest manufacturers of wooden panels in Brazil, with operations also in the paint, varnish, laminated flooring and doors segments, announces its results for the 1st quarter of 2023 (1Q-2023).
Proteak (Tecnotabla) Reports Results for 1Q-2023
MEXICO – Proteak, Mexico’s largest forestry company, reported its 1Q-2023 results.
Dexco Sales and Profit Down in 1Q-2023
Dexco, Brazil’s largest wood panel manufacturer, closed 1Q-2023 with revenue 19.7 percent lower than in the same period of 2022.
Kronospan to Build USD 350M OSB Plant in US
USA – Kronospan recently announced that it will begin construction of a new, state of the art, OSB manufacturing plant on its 460 acre site in Oxford, Alabama.
Masisa reports 1Q-2023 Results
CHILE – Masisa reported that sales revenues through March 2023 amounted to USD 92.9 million, a decrease of 22.5 percent compared to the same period of the previous year (USD 119.8 million).
Thebault Group to Invest EUR 100 million in LVL Plant
FRANCE – The Thebault Group recently announced the construction of a new wood processing unit in France.
Roseburg Announces USD 700 million Investment
USA – Roseburg Forest Products announced that it planned to invest USD 700 million over the next four years to upgrade and expand its manufacturing operations in Southern Oregon, where the company was founded nearly 90 years ago.
Egger Takes Over Recycling Company M+P Umweltdienste
GERMANY – M+P Umweltdienste GmbH, based in Overath, near Cologne, has already supplied Egger with recyclable raw materials in the past. At Egger, high-quality wood-based materials are produced again from collected waste wood.
Metro Ply Produced First Board on its New Particleboard Plant
THAILAND – On March 4, the Metro Ply Group, a leading wooden panel manufacturer in Thailand, produced the first board on its new particleboard plant at the Surat Thani site.