Masisa’s profit up 256.1% in 2Q-2018

CHILE – Wood panel manufacturer Masisa, with production operations in Chile and Venezuela, reached in the second quarter of 2018 profits of USD 17.7 million, an increase of USD 12.8 million compared to the same quarter of the previous year or 256.1% growth.

Sales up 21.8% for Arauco in 2Q-2018

CHILE – Sales of Arauco, the world’s second largest wood panels manufacturer, reached USD 1,559.3 million during the second quarter of 2018, growth of 21.8% as compared to USD 1,279.9 million in the same quarter of 2017.

Tecnotabla sales grow 35% in 2Q-2018

MEXICO – Tecnotabla, the MDF and value added products operation of Proteak Uno S.A.B. de C.V., reported sales in 2Q-2018 of MXN 273 million (approximately USD 14.2 million), 35% above 2Q-2017 and +30% on sales in 1Q-2018. According to the Company’s analysis, it estimates that it has reached a market share of 24% in Mexico. In 2018 the Mexican MDF market continues to develop, as local production grows stronger against imports.

Duratex sales grow 27.4% in 2Q-2018

BRAZIL – Duratex, Brazil’s leading panel manufacturer, recorded consolidated net revenue of BRL 1.16 billion in the second quarter of 2018, up 27.4% against than the same period of 2017. Adjusted and Recurrent EBITDA totaled BRL 220 million.

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