SPAIN – With the nine scholarships awarded this October, there are now 45 students to whom Garnica has financed their postgraduate studies at the University of La Rioja in the last five years.
Masisa completes financial restructuring process
CHILE – Masisa S.A. communicated as an essential fact on September 29 that it has proceeded to redeem the Series L Bonds and the Series N Bonds whose holders validly accepted the corresponding voluntary redemption option.
Marketing Director of Sonae Arauco, speaker at the FSC Business Forum
PORTUGAL – FSC® Friday, a business forum created by the Forest Stewardship Council®, takes place every year to highlight the importance of responsible forest management and the role of FSC® in this area.
Production begins at Egger’s first plant in North America
USA – After a two-year construction period, Egger has started production at its new wood-based materials plant in Lexington, North Carolina, USA.
Duratex recognized with innovation award
BRAZIL – On September 17, Duratex‘s innovative initiatives were recognized, winning the Valor Inovação award.
VMG particleboard factory in Lithuania starts production
LITHUANIA – In September 4th, a record breaking investment in Lithuania has been presented in Akmenė – VMG (Vakarų Medienos Grupė) officially opened one of the largest particleboard factories in Europe, with the investment reaching a total of EUR 146 million.
Uniboard announces its first virtual launch
CANADA – Uniboard, the North American leader in design and decorative composite wood panel (TFL) manufacturing, announces the company’s first live virtual launch on September 23, 2020.
Duratex announces full acquisition of Viva Decora
BRAZIL – Duratex announced the full acquisition of Viva Decora.
Masisa results in the first semester impacted by COVID-19
CHILE – Masisa S.A., a Chilean manufacturer of wooden boards, presented its financial results for the period ended June 30, 2020.
Arauco North America launches new website and customer portal
U.S. – Leading forest products manufacturer Arauco North America announced the launch of its completely redesigned website.
Eucatex 2Q-2020 results
BRAZIL – Eucatex, one of the largest manufacturers of wooden panels in Brazil, with operations also in the paint and varnish, laminated flooring and doors segments, announced its results for the 2nd quarter of 2020 (2Q-2020).
Arauco sales decrease 22.3% in 2Q-2020
CHILE – Arauco, one of the largest forestry companies in the world, reported sales revenue of USD 1,049.9 million during the second quarter of 2020 (2Q-2020), a drop of 22.3 percent compared to the second quarter of 2019 (USD 1,351.6 million).
