SWITZERLAND – In September 2023, after more than seven successful years as CEO of Swiss Krono Group, Martin Brettenthaler (53) decided to pursue a new professional path.
Egger Acquires Minority Stake in Thai Panel Plus
THAILAND – With the goal of further strengthening its own market position in Asia, the Egger Group acquired a 25.1% stake in the Thai wood-based material manufacturer Panel Plus Co., Ltd.
EcoVadis Renews Garnica’s Certification for Sustainable Practices
SPAIN – Garnica, one of Europe’s leading plywood manufacturers, has once again undergone the rigorous EcoVadis evaluation, a testament to the company’s unwavering commitment to sustainable practices across its production process and supply chain.
Egger Reports Stable Business Development at the Halfway Point of Financial Year
AUSTRIA – In the initial half of the 2023/2024 financial year, the Egger Group recorded sales of EUR 2,097.8 million, reflecting a decrease of 7.0% compared with the same period in 2022/2023.
Uniboard’s Particleboard Plant Modernization Program Advances
CANADA – Uniboard, a leading North American manufacturer of wood based panel products, recently announced the successful progress of Phase 3 in the Val-d’Or USD 250 million particleboard modernization project.
Kastamonu Entegre Receives Recognition for Innovation Strategy
TURKEY – Kastamonu Entegre, one of the largest global wood based panel manufacturers, achieved a significant recognition, securing the top spot in the ‘Innovation Strategy’ category at InovaLIG, a part of Turkey’s Innovation Week organized by the Turkish Exporters Assembly.
Swiss Krono Chooses Dieffenbacher to Enhance Wood Recycling
FRANCE – Swiss Krono S.A.S., the French subsidiary of the Swiss Krono Group, is dedicated to enhancing environmental sustainability.
Masisa’s Sales Down 33.8% in 9M-2023
CHILE – Masisa, a leading regional producer of wood-based panels, reported that sales during the first nine months of 2023 (9M-2023) reached USD 257.4 million.
Kronospan to Acquire Roseburg Particleboard Plant
USA – Kronospan, the leading global producer of wood panel products, has entered into an asset purchase agreement with Roseburg Forest Products to acquire Roseburg’s Simsboro, Louisiana, particleboard facility.
Arauco: Sales and Profit Down in 3Q-2023
CHILE – Arauco’s sales revenue amounted to USD 1,594.9 million in the third quarter of 2023 (3Q-2023), reflecting a 15.1% decrease compared to 3Q-2022.
Eucatex Sales and Profit Up in 3Q-2023
BRAZIL – Eucatex, a leading manufacturer of wood-based panels in Brazil, reported that sales revenue in 3Q-2023 reached BRL 684.7 million, compared to BRL 672.8 million in 3Q-2022, a slight increase of 1.8%.
Dexco Reports 3Q-2023 Results
BRAZIL – Dexco, the largest wooden panel manufacturer in Brazil, faced challenges due to market weaknesses in the 3Q-2023, impacting sales volumes negatively.