BELGIUM – Unilin Panels has received a prestigious Red Dot Award in the Product Design 2025 category for its melamine-faced Fibralux Biobased panel. The award recognizes the panel’s outstanding design and strong environmental credentials. Launched in 2023 and further...
GERMANY – Homann Holzwerkstoffe GmbH, a leading European supplier of thin, refined wood fiberboards (THDF), reported solid financial results for 2024, with revenue rising to EUR 369.9 million, exceeding forecasts by EUR 15.4 million. Despite market pressures and...
ECUADOR – Novopan, the leading exporter of particleboard in Latin America, has inaugurated a new Pelikano Experience Center in Trujillo, Peru, reinforcing its regional expansion strategy and commitment to innovation in interior design and construction....
ITALY – The latest financial data available for Italy's top wood-based panel companies (2023) reveals a year of mixed results. According to Acimall studies office, many companies faced revenue declines, though some managed to remain profitable. Media Profili, the...
BRAZIL – Arauco has officially launched its Sucuriú Project with the groundbreaking ceremony of a new pulp plant in Inocência, Mato Grosso do Sul. This marks the start of the largest investment in the company’s history, valued at USD 4.6 billion. Once...
INDIA – Metro Decorative Pvt. Ltd. has successfully commissioned a new pressurized refining system supplied by international technology group Andritz at its medium-density fiberboard (MDF) production facility in Kashipur, Uttarakhand. The new line has already produced...
AUSTRIA – Kronospan has acquired the m/v Spanaco Star (IMO 9071557), a fully box open hatch gantry craned handymax cargo vessel, as part of a strategic move to secure reliable and cost-effective transoceanic transport for its wood-based panels and lumber....
ECUADOR – Novopan, a regional leader in high-quality wooden panel production, has been named one of Ecuador’s best employer brands by Employer Branding Ecuador. The award acknowledges Novopan’s commitment to professional development, process innovation, and fostering...
PORTUGAL – Sonae Arauco, a leading global manufacturer of wood-based panels, is investing approximately EUR 50 million in its Oliveira do Hospital plant in Portugal. The investment aims to enhance the plant’s competitiveness, sustainability, export capabilities, and...
SPAIN – Garnica, a global leader in sustainable plywood production, has announced the opening of its first U.S. office in Raleigh, North Carolina, marking a major step in its North American expansion. The new location also supports Garnica’s recently launched U.S....
FINLAND – Koskisen, a Finnish leader in wood processing, is advancing its production with AI-driven technology, enhancing its high-quality products such as sawn timber, plywood, and chipboard. In 2023, the company reported a turnover of EUR 271 million, underscoring...
BRAZIL – Eucatex reported strong sales growth in 2024, but profits declined compared to the previous year. In the 4Q-2024, sales totaled BRL 753.6 million, a 13.6% increase from BRL 663.1 million in 4Q-2023. In the Industry and Resale segment, which includes...
