DENMARK – Kronospan Denmark announced that on July 1, 2025, it finalized the acquisition of the remaining 50% stake in Nordalim A/S from Dynea A/S, making it the sole owner of the Denmark-based chemical producer. The strategic move underscores Kronospan’s commitment...
ECUADOR – Ecuador imported USD 15.56 million worth of panel decor paper in the first five months of 2025 (5M-2025), reflecting an 8.9% year-on-year increase, according to customs data. This rise was primarily fueled by strong import growth from Austria and Italy,...
CHILE – Chile exported USD 24.53 million in particleboard/MDP between January and March 2025 (1Q-2025), representing a 2.7% increase over the same period in 2024. The rise was driven by higher shipments to key markets such as Costa Rica (+42.9%), Guatemala...
GERMANY – Effective July 1, 2025, Dr. Stephan Niggeschmidt will take over as CEO of the Service Business Unit at Siempelkamp Group, and join the Management Board of Siempelkamp Holding. He succeeds Stefan Wissing, who is set to retire at the end of the year...
CANADA – Dorel Industries Inc., one of Canada’s leading home furnishings and juvenile products manufacturers, is undertaking a major restructuring of its Home segment, marking a pivotal shift in the company's strategy. The move includes the closure of all...
GERMANY – Sonae Arauco is signaling strong confidence in its Beeskow plant by investing approximately EUR 6 million in a new MDF sanding line. The move will boost production capacity, enhance product quality, and improve workflow efficiency—solidifying the...
GERMANY – The Kesseböhmer Group, a global leader in innovative hardware and furniture solutions, has been awarded the prestigious “Top 100” seal, recognizing it as one of Germany’s most innovative medium-sized enterprises in category C (more than 200 employees)....
THAILAND – German wood based panels machinery and plant manufacturer Dieffenbacher has significantly expanded its presence in Thailand by enlarging its spare parts warehouse in Bangkok, opened in 2020, with a new office and additional local staff to better...
GERMANY – Over 100 professionals gathered in Schopfloch at the end of March 2025 for the 34th Rehau Edgebanding Symposium, hosted by Homag Group alongside partners Leuco and Riepe. Attendees explored cutting-edge developments in edgebanding,...
GERMANY – Pfleiderer, one of Europe's largest producers of wood-based panels, has once again been recognized for its brand strength, winning two German Brand Awards in 2025. The company was honored in the categories "Excellent Brands: Building &...
USA – Steelcase Inc. , one of the largest global office furniture manufacturers, reported first quarter revenue of USD 779 million, up 7% year-over-year, with net income rising to USD 13.6 million from USD 10.9 million. The company’s organic growth also reached...
BRAZIL – Brazilian exports of particleboard / MDP fell by 15% in value from January to May 2025 (5M-2025), reaching USD 44.7 million compared to USD 52.6 million during the same period in 2024. China emerged as the top destination, increasing its imports...
