CHILE - Masisa, a leading forestry company, has made a significant stride in sustainability by achieving 67% of its energy consumption from biomass. This renewable source, derived from organic materials such as wood and agricultural waste, is now the company’s primary...
Pfleiderer Reinforces its Commitment to Diversity
GERMANY - As part of the ongoing development of its ESG (Environmental, Social, and Governance) initiatives, Pfleiderer, one of the main wooden panel manufacturers in Germany, has signed the Diversity Charter, further committing to a respectful and prejudice-free work...
Koskisen’s Strategic Investment in Plywood Industry
FINLAND - Koskisen has announced a new investment program to enhance plywood production at its plant in Järvelä. The program will run until 2027, with an initial phase of EUR 12 million planned for 2025. “We are focusing our investments on the Panel Industry,...
Egger Reports Stable Performance Amid Uncertainty
AUSTRIA – The Egger Group, one of the largest wooden panel manufacturers in the world, based in St. Johann in Tirol, Austria, closed the first half of its 2024/2025 financial year with consolidated sales of EUR 2.1 billion, reflecting a slight decrease of 0.2%...
Garnica and Tecnalia Innovate in Sanding Dust Valorization
SPAIN – The Garnica Group and Tecnalia have teamed up for an R&D project to transform waste from wood panel production into high-value materials for construction, focusing on valorizing sanding dust from plywood-type panels. Sustainability policies promote waste...
Kronospan Launches New OSB Production Line
UKRAINE - Kronospan, one of the largest producers of wood panels in Ukraine, has launched a new OSB production line in the Rivne region. The investment in this new facility amounts to EUR 200 million, with approximately 60% of the production expected to be exported to...
Pfleiderer Earns EcoVadis Platinum Medal
GERMANY - The Pfleiderer Group, one of the leading wooden panel manufacturers, has further solidified its position as a sustainability leader by earning the prestigious Platinum Medal in the annual EcoVadis sustainability rating. This marks the first time the...
Egger Wins German Sustainability Award for EcoBox
GERMANY - Egger has won the German Sustainability Award in the Resources category for its innovative EcoBox construction solution. The award was presented during Sustainability Day on November 29 in Düsseldorf. The EcoBox optimizes timber frame construction by using a...
Novopan Promotes Responsible Tourism in the Community of Zuleta
ECUADOR – Novopan, the leading wooden panel manufacturer in the country, and the Zuleta Community have joined forces to promote sustainable tourism and environmental conservation. Over the past year, they’ve implemented practices that balance social, biological,...
Masisa Reports 4.7% Drop in Sales Revenue as of September 2024
CHILE - As of September 2024, Masisa reported sales revenue of USD 221.6 million, a 4.7% decrease compared to the same period last year. This drop was primarily due to significant pricing pressures in its operating markets. However, sales volume in cubic meters for...
Ranger Board Upgrades MDF Plant
CANADA – Ranger Board, a division of West Fraser Timber, has announced a major modernization project for its MDF production plant in Blue Ridge, Alberta. Partnering with Sunds Fibertech, a leading supplier of panel production technologies, the project will involve...
Triple E Enhances RVs with Garnica’s Sustainable Plywood
CANADA – Triple E, a leading Canadian RV manufacturer with nearly 60 years in the North American market, is known for its commitment to quality and innovation. With a vertically integrated approach, the company controls the entire production process to deliver...