AUSTRIA – Changes in the top management body of the wood-based materials manufacturer Egger Group: Walter Schiegl will move from group management to the supervisory board on May 1, 2022 after more than 20 years.
Sonae Arauco is returning to live events
PORTUGAL – Sonae Arauco announced its return to live events.
West Fraser to Acquire U.S. South Lumber Mill
USA – West Fraser Timber Co. Ltd. Announced that it has entered into an agreement to acquire the Angelina Forest Products lumber mill located in Lufkin, Texas for approximately USD 300 million, subject to certain post-closing adjustments.
Roseburg completes purchase of 30,000 acres of pine
CalPlant files for Chapter 11 reorganization, prepares for sale
USA – CalPlant I LLC, the manufacturer of Eureka MDF, a 276-acre manufacturing plant in Willows, California has been put into voluntary Chapter 11 bankruptcy reorganization while its bondholders invest more money into an attempt to sell the pioneering operation.
Egger Recognized for its Sustainability Performance
AUSTRIA – Sustainable management is a significant component of the Egger Group’s corporate strategy.
Egger Celebrates One-Year Production Anniversary at Manufacturing Plant in Lexington
USA – Egger, one of the world’s leading wood-based materials suppliers, this month marked one year since officially starting production at its Lexington plant.
Roseburg plans significant investment in operations and closure of Particleboard plant
USA – Roseburg announced plans for a multi-million dollar investment in new technology at its western manufacturing operations, the result of an extensive analysis of strategic business opportunities in the west.
Masisa reports improved results in first half of 2021
CHILE – As of June 30, 2021, Masisa‘s recurring EBITDA more than doubled compared to the same period of the previous year, reaching USD 31.8 million in the first half of 2021, compared to USD 10.7 million in the first half of 2020.
Arauco sales up 48.2% in 2Q-2021
CHILE – Arauco, one of the largest wooden panel manufacturers in the world, reported that sales revenues reached USD 1,555.6 million during the second quarter of 2021, a 48.2% increase compared to the second quarter of 2020 (USD 1,049.9).
Record Quarter for Proteak
MEXICO – Sales of Proteak’s MDF and Teak businesses reached MXN490 million in 2Q-2021, doubling the 2Q-2020 result, excluding other income and plantation revaluation.
RoyOMartin announces new OSB plant in Texas
USA – Martco L.L.C. (RoyOMartin) announced that its Texas subsidiary, Corrigan OSB, L.L.C., will construct a second OSB manufacturing facility near its current, state-of-the-art OSB plant located in Corrigan, Texas.
