CANADA – Uniboard Canada Inc announced that it won the ‘’Perspective Award’’ from the Quebec Hardware and Building Materials Association (AQMAT), honoring outstanding marketing.

SPAIN – Garnica plans to invest more than EUR 5 million in its Llodio plant to increase pine plywood production capacity and boost its wood species diversification strategy, as well as to favor global growth and adapt to the demands of its customers.

SPAIN – Sonae Arauco reinforces its commitment to the Iberian market with its presence at FIMMA – Maderalia 2022.

GERMANY – A new Siempelkamp medium-density fibreboard (MDF) plant, ordered by Egyptian manufacturer Wood Technology Company(WOTECH), has begun assembling in Egypt.

CHILE – Chilean wood panel manufacturer Masisa reversed losses recorded in 2020 with a profit of USD 23.2 million in 2021, which compares with losses of USD 160.4 the previous year.

CHILE – Arauco’s sales revenue reached USD 1,742.4 million during the fourth quarter of 2021 (4Q-2021). For FY 2021, revenues reached USD 6,349.8 million, a USD 1,616.9 million increase when compared to the USD 4,732.9 million of 2020.

MEXICO – Proteak, Mexico’s largest forestry company, reported fourth quarter and consolidated results for 2021.

BELGIUM – On 15 February 2022, the European Commission received a notification of a proposed concentration in the wood-based panels market.

SPAIN – Kronospan is realizing one of the largest self-consumption projects in Spain.

USA – Egger Wood Products will invest USD 20 million for an additional thermally fused laminate production line at the company’s sole U.S. location.

CHILE – IDB Invest is providing USD 35 million worth of financing to Chile’s Masisa, a company that produces and sells solutions for furniture and interior architecture, with industrial operations in Chile y Mexico and export markets across Latin America, North America and Asia .

BRAZIL – Dexco (formerly Duratex), the largest wood panel manufacturer in the country,  reported that sales revenue increased 39.0%  in 2021, and 18.9% in the fourth quarter (4Q-2021) despite a drop in quarterly volume.