INDIA – Recently, Suresh Balakrishnan, Managing Director of Leitz India, and Jürgen Köppel, CEO of the Leitz Group, inaugurated the eighth service center in Ahmedabad, India. This new center is part of an emerging cluster for wood processing in the rapidly growing...
Metsä Group’s Carbon Capture Efforts Aim to Transform the Forest Industry
FINLAND - Metsä Group, one of the world’s largest forest industry groups, produces around 12 million tonnes of wood-based CO₂ annually and is now focused on large-scale carbon capture. Kaija Pehu-Lehtonen, the new project director, sees bio-based CO₂ as a valuable yet...
Salice Acquires Atim S.p.A.
ITALY - Salice, the Italian manufacturer of furniture fittings, has acquired Atim S.p.A., an Italian specialist in aluminum-based hardware solutions. This acquisition will enhance Salice's portfolio with innovative designs, including extendable tables and...
Ecuadorian Decor Paper Imports Rise 8.7% in 6M-2024
ECUADOR - In the first half of 2024 (6M-2024), Ecuador saw an increase in imports of decor paper for wooden panels, reaching a total value of USD 16.44 million. This represents an 8.7% rise compared to USD 15.12 million during the same period in 2023. Spain remained...
Impress Decor Brasil Invests in New Facilities and Technology
BRAZIL - Impress Decor, a specialist in decorative surfaces for panels, furniture, and flooring, is investing BRL 30 million USD 5.4 million) to expand its operations in Araucária, Paraná. This includes building a new Design Center, set to open in early 2025 as...
Surteco sales and earnings on course in 1st Half 2024
GERMANY – In the first half of 2024, Surteco Group’s, sales increased by 4% to EUR 447.6 million, up from EUR 428.8 million last year, despite challenging conditions.
Kleiberit do Brasil Recognized for Sustainable Business Culture
BRAZIL – Following four days of intense networking and business activities from June 30th to July 3rd, 2024, the 10th edition of ForMóbile 2024 concluded, solidifying its status as a leading event in South America and a crucial platform for sector companies like Kleiberit.
Wilsonart Gains USDA Biobased Product Certification
USA – Wilsonart, a global leader in decorative surfaces, has earned the USDA (U.S. Department of Agriculture) Certified Biobased Product Label for its High Pressure Laminate (HPL), which contains 70% biobased content derived from renewable natural resources.
Omnova Films and Laminates Rebranded to Surteco
USA – Omnova Films and Laminates will rebrand as Surteco effective August 1, 2024, following Surteco’s acquisition of Omnova in 2023. This change marks a strategic shift towards operational consolidation and a unified brand identity.
Blum Reports Stable Turnover Compared to Previous Year
AUSTRIA – Blum, headquartered in Höchst, Austria, will close the 2023/2024 financial year on June 30, 2024 with a turnover of EUR 2.29 billion, marking a slight decrease of -1.2% compared to the previous financial year.
Roland Auer Steps Down as CEO of Schattdecor
GERMANY – Following Schattdecor’s recent announcement of Roland Auer’s resignation from his position due to personal reasons effective July 15, 2024, the CEO bid farewell to employees in an emotional letter.
Rehau Unveils New Lamination Line at Michigan Facility
USA – Rehau America recently inaugurated a 33-meter assembly line at its Sturgis, Michigan plant.