INDIA - Greenply Industries and Samet have launched their joint venture, Greenply-Samet, marking a significant milestone in the Indian furniture hardware market. Officially named Greenply Samet Private Limited, this new venture began operations on October 26, 2023,...
Sharp Decline in Chile’s Particleboard Exports in 6M-2024
CHILE - From January to June 2024 (6M-2024), Chile's exports of particleboard (PB / MDP) faced a significant downturn, totaling USD 44.5 million. This represents an 18.5% decrease compared to the same period in 2023, when exports amounted to USD 54.6 million. A closer...
Ecuador Sees 5.4% Drop in Particleboard Exports in 6M-2024
ECUADOR - Ecuador's exports of particleboard / MDP recorded a decrease in the first half of 2024 (6M-2024). The total value of particleboard exports in 6M-2024 fell to USD 99.4 million, representing a 5.4% decrease compared to the same period in 2023 (6M-2023: USD...
EU’s New Environmental Standards Are Shaping the Wood Industry
BELGIUM - The EU's new sustainability regulations are significantly affecting industries both within and beyond its borders. The wood industry, in particular, is facing increasing pressure to adopt sustainable practices in wood production, processing, and sales. While...
IWF 2024 Lived Up To Expactations
USA - The International Woodworking Fair (IWF), which concluded earlier this month, attracted a global audience of professionals from various segments of the woodworking industry. Held at the Georgia World Congress Center in Atlanta from August 6 to 9, the event was a...
Significant Growth in Panama’s Particleboard Imports in First Half 2024
PANAMA - In the first six months of 2024, Panama's particleboard/MDP imports increased by 48.3% compared to the same period in 2023, totaling USD 7,122,364. The leading supplier countries were Ecuador, with an 18.3% increase (USD 2,263,045 ), compared to the same...
Commercial Mission Chile: 35 Brazilian Firms and Buyers from 7 Countries
CHILE - On July 23-24, 2024, Santiago, Chile, hosted the Missão Comercial Chile 2024, an event aimed at boosting the Latin American furniture market through the Brazilian Furniture Project. Organized by ABIMÓVEL (Brazilian Association of Furniture Industries) in...
All Set For 13th Edition of the European Wood-based Panel Symposium
GERMANY – The 13th European Wood-based Panel Symposium will take place on 9 – 11 October 2024, at the at the Grand Elysée Hotel in Hamburg.
Valmet Finalizes Acquisition of Demuth in Brazil
Difficult 2Q-2024 for Proteak
MEXICO – Proteak, Mexico’s largest forestry company, reported its results for the second quarter of 2024 (2Q-2024).
Weyerhaeuser Acquiring High-Quality Timberlands
USA – Weyerhaeuser, one of the world’s largest private owners of timberlands, has acquired 84,300 acres of premium timberlands in Alabama for $244 million.
New Catas Website Ensures Authenticity of Test Reports
ITALY – Certification body Catas has launched verify.catas.com to combat the misuse of its name through fraudulent or altered test reports.