CHINA – China’s National Development and Reform Commission has announced the creation of a state-backed venture capital fund focused on robotics, AI, and cutting-edge innovations. The long-term fund, aiming to raise nearly USD 138 billion over 20 years, will draw...
ITALY – CSIL has released the updated edition of its Research Report on the Kitchen Furniture Market in North America, covering the U.S., Canada, and Mexico. With a market valued at over USD 20 billion, North America accounts for over a third of global demand. Despite...
GERMANY – In less than two months, interzum 2025 will take place in Cologne from May 20 to 23, bringing together global suppliers from the furniture and interior design industries. With preparations in full swing and strong registration numbers, the event reaffirms...
GERMANY – Travel to Ligna 2025 fairgrounds free of charge and CO₂-neutral within the greater Hanover area, thanks to the new Climate Ticket, available from March 21, 2025. Deutsche Messe, in collaboration with the ÜSTRA network, is making a significant move toward...
GERMANY – Markus Hüllmann, Chairman of the VDMA Woodworking Machinery Association, provided an optimistic outlook for the woodworking machinery sector at the press preview for Ligna 2025. Despite economic challenges and global competition, Hüllmann believes European...
GERMANY – The Forest Stewardship Council (FSC) will launch the FSC Brand Hub on April 3, a user-friendly platform designed to streamline trademark management, marketing resources, and brand assets for all FSC stakeholders. Developed with input from users worldwide,...
BELGIUM – The European Commission has initiated an anti-dumping investigation into imports of Brazilian softwood plywood following a complaint from the Softwood Plywood Consortium (SPC), which represents major European producers. The probe aims to determine whether...
GERMANY – As Ligna approaches its 50th anniversary edition, the trade fair for the woodworking and wood processing industry has seen an impressive surge in exhibitor registrations. 1,337 exhibitors have signed up so far, surpassing the 1,288 exhibitors from the 2023...
ROMANIA – Austrian wood products manufacturer Kronospan has announced the acquisition of the ZG Timber Sebes plant from the insolvent Ziegler Group. The agreement, signed on March 1, 2025, is expected to be finalized by mid-year, pending regulatory approvals. With...
ITALY – The ready-to-assemble (RTA) / flat-pack furniture sector continues to hold a major share in the European furniture market, accounting for more than 20% of total consumption on average. This growth is largely driven by the rapid expansion of e-commerce, which...
CHILE – Chilean particleboard (MDP) exports experienced an important increase in 2024, reaching USD 123.08 million, a 22.6% increase compared to the previous year. The growth was driven primarily by strong demand in key markets such as Mexico, Colombia, and the United...
ARGENTINA – Arauco Argentina is developing an investment of over USD 250 million to modernize its pulp mill in Puerto Piray, Misiones. The project includes the installation of a new 39-megawatt turbo generator, which will initially supply power exclusively to the...
