ITALY – The comprehensive insights from the “Digital Servitisation in the Machinery Sector” observatory carried out by Digital Industries World and presented on April 11th, 2024, offer a detailed understanding of the significance of service activities within the machinery sector’s economic landscape.
Strong Increase in Brazilian Particleboard Exports in 1Q-2024
BRAZIL – In the first quarter of 2024 (1Q-2024), the value of Brazil’s exports of particleboard (PB/MDP) totaled USD 30.67 million, marking a notable increase of 35.3% compared to the same period in the previous year, when exports amounted to USD 22.67 million.
Ecuadorian Imports of Decor Paper Down 17.7% in 2M-2024
ECUADOR – The value of Ecuadorian imports of decorative papers for wood panel surfaces amounted to USD 5.60 million in the first two months of 2024 (2M-2024).
Ikea Expands Electric Vehicle (EV) Charging Stations
NETHERLANDS – Ingka Group, the largest Ikea retailer worldwide, is expanding its EV charging networks, installing 1,000 new charging points in its stores in Germany by 2028 and 1,000 more in its stores in in Norway, Denmark, and Sweden by 2024.
Homag in Strategic Partnership with Luli Wood Industry
CHINA – In the final quarter of 2023, the German-based company Homag, a leading provider of integrated solutions for the woodworking industry, secured a substantial order from China’s Luli Wood Industry.
Weinig to Manufacture Three Stähle-Hess Machinery Models
GERMANY – Prior to Holz-Handwerk 2024, Weinig signed a contract to take over the grinding machine program of Stähle-Hess GmbH.
Egger Group Acquires Majority Stake in Italian Recycling Company Cartfer Urbania S.r.l.
ITALY – The Egger Group has secured a 60% ownership in Cartfer Urbania S.r.l., a leading recycling company situated in Urbania, Italy, at the core of the Italian furniture industry.
Tropical Forest Deforestation Decreased in 2023
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.