ECUADOR - Promart Homecenter, the leading Peruvian home improvement chain, has opened its second store in Ecuador, located in Quito. Inaugurated on December 11, 2024, this new location strengthens the brand’s presence in Ecuador, following its first store opening in...
GERMANY – Michael Rupp has been appointed Head of the Recycling Business Unit at Dieffenbacher, effective December 1, 2024. He will lead the company’s waste wood recycling, waste-to-product solutions, and the development of fuel processing, with a focus on fluidized...
VIETNAM - In 2024, Vietnam's export turnover of forest products is expected to reach a historic high of USD 17.3 billion, with wood and wood products contributing USD 16.3 billion. The trade surplus from these exports is projected to be USD 14.4 billion. In December...
USA - The Forest Stewardship Council (FSC) is pleased to announce Sarah Kutulakos as the first Regional Director for North America, effective January 1, 2025. This appointment marks a key step in FSC's expansion and reinforces its mission to promote responsible forest...
GERMANY - As part of the ongoing development of its ESG (Environmental, Social, and Governance) initiatives, Pfleiderer, one of the main wooden panel manufacturers in Germany, has signed the Diversity Charter, further committing to a respectful and prejudice-free work...
FINLAND - Koskisen has announced a new investment program to enhance plywood production at its plant in Järvelä. The program will run until 2027, with an initial phase of EUR 12 million planned for 2025. “We are focusing our investments on the Panel Industry,...
ITALY – SCM Group recently hosted the Flexible Edgebanding for Doors event in Thiene, Italy, on December 6th-7th, bringing together industry professionals to explore the latest advancements in the manufacturing sector. The event showcased SCM’s advanced door...
LITHUANIA - SBA Home, a Lithuanian furniture manufacturer, will invest over USD 70 million to establish its first North American production facility in Mocksville, North Carolina, creating more than 200 jobs in Davie County. Part of the SBA Grupe UAB conglomerate, the...
AUSTRIA – The Egger Group, one of the largest wooden panel manufacturers in the world, based in St. Johann in Tirol, Austria, closed the first half of its 2024/2025 financial year with consolidated sales of EUR 2.1 billion, reflecting a slight decrease of 0.2%...
USA – In 2023, the U.S. residential construction sector imported USD 13 billion in materials, representing 7% of the USD 184 billion spent on materials for new single-family and multifamily housing, according to the National Association of Home Builders (NAHB). The...
GERMANY - Koelnmesse, a global leader in trade fair organization, is revamping its furniture and interior design events to better meet market demands. Starting in January 2026, imm cologne will focus annually on the consumer market with a streamlined, targeted...
USA - Global trade in wood and paper products dropped by 12% in 2023, according to the FAO's Global Forest Products Facts and Figures 2023. Exports fell by $64 billion to $482 billion, still above pre-2021 levels, but indicating lower prices amid an economic slowdown....
