USA – Arauco, one of the largest global wood panel manufacturers, announced it will close its medium density fiberboard (MDF) production facility in Bennettsville, South Carolina on May 18.
Masisa’s sales drop more than 34% in FY 2019
CHILE – Masisa, the Chilean wooden panel manufacturer, reported consolidated sales revenue in 2019 was USD 402.0 million, a decrease of USD 210.4 million over 2018 sales.
Duratex optimizes resources to confront COVID-19
BRAZIL – Duratex, has been adopting several measures to guarantee the safety and health of its collaborators and others, in order to minimize the impact on their communities and collaborate with the prevention of the coronavirus pandemic.
Garnica unites with carpenters of La Rioja to combat COVID-19
SPAIN – Garnica has donated solutions made from plywood panels for rapid assembly in hospitals, healthcare centers and elderly care homes.
Sonae Industria sales up 4.5% and EBITDA down 0.7% in 2019
PORTUGAL – Consolidated sales turnover of Sonae Industria reached EUR 230.0 million in 2019, an improvement of 4.5% vs. last year, driven by the North American business.
Positive 2019 for Eucatex, wood segment revenue up more than 19%
BRAZIL –Eucatex, one of the largest manufacturers of wooden panels in Brazil, with operations also in the paint and varnish, laminated flooring, partitions and doors segments, announced its results for the fourth quarter of 2019 (4Q-2019).
Norbord cuts OSB production in North America by 25%
CANADA – Norbord Inc., a leading global manufacturer of wood-based panels and the world’s largest producer of oriented strand board (OSB) announced that effective March 30, it will commence reducing production across its portfolio of North American oriented strand board (OSB) mills in response to the demand impact of the COVID-19 pandemic.
Masisa agrees to sell forest assets in Chile
CHILE – After a process of almost a year Masisa S.A. announced last Friday, March 20, the agreement for the sale of its forests in Chile.
Proteak publishes 2019 results
MEXICO – Proteak, the largest forestry company in Mexico reported that sales of its MDF and Teak businesses reached MXN 284MM in the fourth quarter of 2019 (4Q19), excluding other income and revaluation of plantations, this result is 9% lower against 4Q18.
2019: a challenging year for Arauco
CHILE – Arauco, one of the largest forestry companies in the world, reported revenues of USD 1,202.3 million in the fourth quarter, a decrease of 13.3 percent when compared to the third quarter, and a 12.9 percent decrease compared to the same period in 2018.
New Siempelkamp short-cycle press for Egger in France
FRANCE – In February 2018, EGGER and Siempelkamp signed the contract for the new delivery of a high-performance short-cycle press KT 700 for coating particleboard.
Sonae Indústria participates for the first time in FIMMA-Maderalia
SPAIN – For the first time Sonae Indústria, through its companies Surforma and Movelpartes, will participate in FIMMA – Maderalia, the largest Iberian meeting of the wood sector.
