USA – In 2023, tropical forest conservation saw positive developments as deforestation rates declined, with Brazil and Colombia achieving significant reductions in primary forest loss.
Francisco Ruiz-Tagle Named International CEO of the Year
TURKEY – Francisco Ruiz-Tagle, CEO of CMPC, was named International CEO of the Year at the Fastmarkets Forest Products PPI Awards 2024, held in Istanbul, Turkey.
CIFF Guangzhou 2024, Exhibitor and Visitor Records
CHINA – In March 2024, CIFF Guangzhou achieved a remarkable milestone, boasting its highest number of exhibitors and visitors to date.
Arauco Receives Approval of Science Based Targets
CHILE -The renowned Science Based Targets (SBTi) initiative – which seeks to commit companies to reducing their greenhouse gas (GHG) emissions and thus reducing their impact on the environment – analyzed and validated Arauco’s commitments to limit the global temperature increase to 1.5ºC.
SCM Group Ranks Among Top Ten Italian Companies for Patents
ITALY – In 2023, Scm Group emerged as one of the leading Italian companies in patent applications, as revealed by data from the Epo Patent Index compiled by the European Patent Office and reported by Milano Finanza.
Schattdecor Reveals Management Board Modifications
GERMANY – The Management Board and Supervisory Board of Schattdecor SE announce significant personnel adjustments within the Management Board.
CSIL Publishes The Furniture Industry in India
ITALY – The Indian furniture market, valued at USD 20 billion according to CSIL, has maintained an average annual growth rate of 6% over the past decade.
Hafele Opens Subsidiary in Cambodia
GERMANY – For a decade, Häfele has operated in Cambodia, leveraging its expanding tourism and middle-class population. In early 2024, the company expanded into Phnom Penh.
Excellent Early Registration Figures for interzum 2025
GERMANY – The early booking phase for exhibitors at interzum 2025 concluded at the end of February with outstanding results.
Hacker Kuchen Sales Down 7.6% in 2023
GERMANY – Häcker Küchen GmbH, a prominent German kitchen furniture manufacturer, achieved a revenue of EUR 726 million in 2023, that represented a decrease of 7.6% compared to 2022 (EUR 786 million) with exports comprising 40% of total sales.
Nobia Announces Closure of Halifax Manufacturing Facility
ENGLAND – Nobia has announced plans to consolidate its manufacturing operations in the United Kingdom, a pivotal step in its ongoing UK transformation strategy.
Roseburg Names new Director of Strategic Business Development
USA – Roseburg Forest Products recently announced Nadine Orozco’s promotion to Director of Strategic Business Development, effective March 18, 2024.