SWITZERLAND – Founded in 1937, Willisau-based company Argolite AG has been a leading producer of laminate panels since 1953. With 80 employees, it is the sole Swiss manufacturer of HPL (High Pressure Laminates) meeting the EN438 quality standard.
Egger Acquires Minority Stake in Thai Panel Plus
THAILAND – With the goal of further strengthening its own market position in Asia, the Egger Group acquired a 25.1% stake in the Thai wood-based material manufacturer Panel Plus Co., Ltd.
EcoVadis Renews Garnica’s Certification for Sustainable Practices
SPAIN – Garnica, one of Europe’s leading plywood manufacturers, has once again undergone the rigorous EcoVadis evaluation, a testament to the company’s unwavering commitment to sustainable practices across its production process and supply chain.
US Wooden Furniture Imports Down 26.5% in 9M-2023
USA- The United States wooden furniture imports reached USD 9.4 billion in the first nine months of 2023 (9M-2023). This represented a 26.5% decrease compared to the USD 12.8 billion imported in the same period of 2023.
Biesse´s Chief Financial Officer Resigns
ITALY – Biesse S.p.A., a leading global manufacturer of woodworking machinery and technology, has announced the resignation of Pierre La Tour from his position as Chief Financial Officer and Manager in charge of financial reporting and Investor Relations.
Klabin Acquires Arauco’s Forestry Operation in Paraná, Brazil
BRAZIL – Klabin, the largest producer and exporter of packaging paper and sustainable paper packaging solutions in Brazil, has declared the acquisition of Arauco’s forestry operation in Paraná.
Egger Reports Stable Business Development at the Halfway Point of Financial Year
AUSTRIA – In the initial half of the 2023/2024 financial year, the Egger Group recorded sales of EUR 2,097.8 million, reflecting a decrease of 7.0% compared with the same period in 2022/2023.
Duraplay Purchases Particleboard Plant in Mexico from Masisa
MEXICO – Recently, Duraplay, S.A.P.I. de C.V., a Mexican company, and Forestal Terranova México, S.A. DE C.V., entered into an asset purchase agreement for the sale of the wood based panel Plant owned by the latter, a Mexican subsidiary of Masisa S.A., located in Chihuahua, Mexico.
Kronospan Completes Purchase of Particleboard Plant from Roseburg
USA – Kronospan, a prominent manufacturer of wood panel products, has officially completed the acquisition of Roseburg’s Simsboro, Louisiana, particleboard facility. The transfer of ownership from Roseburg to Kronospan has been finalized following the required regulatory review period.
Positive Year for Italian Woodworking Technology
ITALY – The preliminary 2023 balance from the Acimall Studies Office reveals a 3.5 percent production growth compared to 2022.
Peruvian Imports of Plastic Edgebands Up 2.3% in 9M-2023
PERU – The value of Peruvian imports of plastic Edgebands in the first nine months of 2023 (9M-2023) was USD 3.68 million.
Sunds Fibertech Acquires Siempelkamp’s press services business
GERMANY – Siempelkamp and Sunds Fibertech have signed an agreement for the sale of the KüstersPress and ContiPress press service business.