AUSTRIA – The Egger Group, one of the largest global wooden panel manufacturers, headquartered in St. Johann in Tirol (AT), closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated sales of EUR 2.26 billion (+14.0% as compared to the previous year) and an EBITDA of EUR 353.7 million (–26.1% compared to the previous year).
Prelaunch of Kronospan 2023 Colletion
AUSTRIA – The latest edition of the biggest event of Kronospan – Kronoevent 2022 brought together customers, partners, designers, architects, and professionals from the building and construction industries from almost 70 countries around the globe.
Egger Acquires 60% of Italian Wood-based Panel Manufacturer Saib
ITALY - Saib, based in Caorso, near Piacenza, has been one of the leading wood-based panel manufacturers in Italy for 60 years, with a strong focus on design and sustainability. For the plant with around 200 employees, the majority shareholding by Egger opens up...
European Commission Approves Purchase of Garnica by Carlyle Group
BELGIUM – The European Commission has approved the purchase of Spanish plywood manufacturer Garnica by the Carlyle Group, one of the world’s largest investment firms, concluding that the transaction will not have a negative effect on the European market.
Küpeliler Endüstri Produces First Board
TURKEY – A first board was produced by the Turkish wood-based panel producer Küpeliler Endüstri AS on December 3rd.
Arauco Raises Ambition: to be Nature Net Positive, Focusing on Water, Biodiversity and Carbon
CHILE – In the framework of the 27th United Nations Climate Change Conference (COP27), held in Egypt, Arauco, one of the largest global forestry companies, revealed that it will initiate an ambitious plan to measure the natural capital associated with its management, in order to become a nature net positive company, that is, a company that generates a total positive impact on the planet.
Eucatex Profitability Down in 3Q-2022
BRAZIL – Eucatex, one of the largest manufacturers of wood panels in Brazil, with operations also in the paint, varnish, laminated flooring and doors segments, announced its results for the third quarter of 2022 (3Q-2022).
Arauco’s Sales Up 10.2% in 3Q-2022
CHILE – Arauco, one of the largest global wooden panel manufacturers, reported that sales revenues reached USD 1,879.4 million in the third quarter of 2022 (3Q-2022).
Masisa’s sales grow 22.9% in 9M-2021
CHILE – Masisa reported its results at the end of the third quarter of 2022.
Proteak’s Sales Down 19.4% in 3Q-2022
MEXICO – Proteak, Mexico’s largest forestry company, reported results for the third quarter of 2022 (3Q-2022).
Dexco Informs 3Q-2022 Results
BRASIL – Dexco, the largest wooden panel manufacturer in Brazil, reported Net sales Revenue of BRL 6,506.2 million in the first nine months 2022, an increase of 9.9% versus the same period in 2021, explained by the improvement in Unit Revenue of the divisions and the uptick in exports.
Frank Herrmann becomes CEO of Pfleiderer
GERMANY – As of November 1st, 2022, Dr. Boris Gorella, CEO of the Pfleiderer Group, will be leaving his executive functions at Pfleiderer in order to pursue other activities.