NETHERLANDS – Ingka Group, the largest IKEA retailer, has strengthened its climate targets for reducing greenhouse gas (GHG) emissions, which have been validated and approved by the Science Based Targets initiative (SBTi).
Metsä Group and Andritz Start Pioneering CO2 Capture Research
FINLAND – Metsä Group is collaborating with the technology company Andritz to explore integrating carbon capture into its bioproduct mill, potentially pioneering a global first.
Innovative Workplace Solutions Unveiled by Hettich
GERMANY – At the recent architect@work trade fair in Munich on June 5th and 6th, Hettich, a global leading fittings manufacturer, unveiled its latest innovation: “RoomSpin,”.
Schattdecor Present at ForMobile 2024
BRAZIL – After two years since its last presentation at ForMóbile, which highlighted the transformation of environments in the post-pandemic era, Schattdecor, a global leader in the decorative paper printing industry, is ready to participate in the 2024 edition.
Alvaro Gonzalez Named Garnica CEO
SPAIN – Garnica, a leading manufacturer of premium sustainable plywood, has appointed Álvaro Gonzalez as the new CEO, effective May 13.
Wilsonart Highlights Nonflammable Adhesive Solutions Following EPA Chemical Ban
The Home Depot Sales Down 2.3% in 1Q-2024
USA – The Home Depot, the world’s largest home improvement retailer, recently reported sales of USD 36.4 billion for the first quarter of fiscal 2024 (1Q-2024).
Strong Booking Status for LIGNA’s 2025 Edition
GERMANY – At the end of May 2024, Deutsche Messe AG and the VDMA Woodworking Machinery Association reported excellent booking status for LIGNA 2025.
Wayfair Reports Results for 1Q-2024
USA – Wayfair Inc, one of the world’s largest online home furniture retailers, disclosed its first-quarter financial results for 2024 (1Q-2024), revealing mixed outcomes with a slight revenue decline and a significant net loss.
Pfleiderer Drives Sustainability Through ReSource Initiative
GERMANY – Pfleiderer prioritizes quality and sustainability, recycling wood efficiently to maximize its potential.
The German Woodworking Machinery Sector is Experiencing a Sharp Downturn
GERMANY – The German woodworking machinery industry faces a significant slowdown in production and exports after a record year in 2023.
Spanish Furniture Exports Down 2.7% in 1Q-2024
SPAIN – According to Estacom, Spanish furniture exports decreased by 2.7% in the first quarter of 2024, reaching more than EUR 736 million.