SPAIN – Garnica, a leading manufacturer of premium sustainable plywood, has appointed Álvaro Gonzalez as the new CEO, effective May 13.

GERMANY – Pfleiderer prioritizes quality and sustainability, recycling wood efficiently to maximize its potential.

SOUTH AFRICA – PG Bison reached a major milestone by producing the first board of its new MDF line at the Mkhondo facility, almost a month ahead of schedule.

INDIA – Century Plyboards (India) Ltd. (CPIL) has partnered with Siempelkamp to establish its largest MDF facility in Andhra Pradesh, with a daily production capacity of 950 m³.

CHILE – In May 2024, Sunds Fibertech and Arauco finalized agreements for the supply of cutting-edge resin-saving equipment.

AUSTRIA – Egger, a major global producer of wooden panels, is dedicated to achieving a “Net Zero” target by 2025, aiming to significantly reduce greenhouse gas emissions across its entire value chain through extensive measures and investments.

USA – Kronospan, a global leading wood panel products producer, recently announced its acquisition of Woodgrain’s particleboard manufacturing facility in Island City, Oregon.

PORTUGAL – Sonae Arauco invests over EUR 5 million in two new recycling centers in Portugal, strategically located in the Minho region and north of Lisbon.

ECUADOR – Aglomerados Cotopaxi, a well-known producer of wood panels, is the first company in Ecuador to be verified as Carbon Negative, making a significant contribution to sustainable development.

BRAZIL – Eucatex, one of the largest wood-based panel manufacturers in Brazil announced its results for the first quarter of 2024 (1Q-2023).

CHILE – In the first quarter of 2024 (1Q-2024), Arauco’s revenues rose to USD 1,654.9 million, representing a 15.0% increase from the first quarter of 2023 (1Q-2023).

BRAZIL – In the first quarter of 2024 (1Q-2024), Dexco experienced a 13.1% annual growth in Net Sales Revenue compared to the same period in 2023, with improvements seen across all divisions, particularly in Wood.