PERU – Imports of particleboard (PB/MDP) to Peru amounted to a total value of USD 140.11 million in 2023, marking a decline of 13.5% compared to 2022 (USD 161.94 million).
Panamanian Wooden Furniture Imports Decrease Slightly in 2023
PANAMA – The value of Panamanian wooden furniture imports had a slight decrease of 0.7% in 2023. Reaching USD 49.33 million, compared to USD 49.65 million in 2022.
Two New Patents for Hymmen
Italian Wood Furniture Industry Down More Than Expected in 2023
ITALY — In its most recent monitor report, FederlegnoArredo, the Italian federation representing woodworking and furniture industries, revealed a significant 8.1 percent decline in turnover within the wood furnishing sector for 2023, totaling EUR 52.6 billion.
Homag “Technology Days” Dates Announced
GERMANY – Homag, the leading German woodworking technology company, has scheduled its highly anticipated ‘Technology Days’.
Raute Reports Record Order Intake in 2023
FINLAND – Raute Corporation, a leader in veneer, plywood, and LVL production technologies, saw a significant financial turnaround in 2023.
IMA Schelling Establishes New Subsidiary in Istanbul
TURKEY – The renowned IMA Schelling Group, globally recognized for its precision machinery and solutions in furniture manufacturing, has inaugurated a subsidiary in Istanbul to enhance its presence in the thriving Turkish market.
Deurotech to Supply Arauco With New Impregnation Lines
MEXICO – Deurotech Group, a leader in wood-based panels, paper industry, and environmental technologies, continues its collaboration with Arauco.
SCM Expands With New Subsidiary in Bengaluru, India
ITALY – SCM Group has unveiled plans for the opening of a new subsidiary in Bengaluru, India, coinciding with its participation at IndiaWood from February 22 to 26, 2024.
Owens Corning to Acquire Masonite for USD 3.9 Billion
USA – Owens Corning, a prominent player in the construction and building materials industry, has made a significant move by announcing its acquisition agreement with Masonite International Corp.
Rev-A-Shelf Acquires Omega National Products
USA – Rev-A-Shelf, known for its cutting-edge home organization and storage solutions, recently announced the acquisition of Omega National Products, a respected leader in wood cabinetry accessories, hoods, and components.
Colombia’s Wooden Furniture Exports Stable in 2023
COLOMBIA – The value of Colombia’s wood furniture exports was stable in 2023 reaching USD 60.10 million. This value represented a small decrease of 1.0% compared to 2022 (USD 60.69 million).