CHILE – Arauco posted revenues of USD 1,509.5 million in the third quarter of 2025, an 11% decline compared with the same period in 2024. The company recorded a net loss of USD 0.2 million, reversing USD 230.8 million in profits earned a year earlier,...
USA – Akzo Nobel and Axalta have announced a definitive all-stock merger agreement, creating a new global coatings leader with an estimated enterprise value of USD 25 billion and combined annual revenue of USD 17 billion. Under the terms of the deal,...
THAILAND – Siempelkamp has strengthened its footprint in Southeast Asia with the opening of a new office in Bangkok in early 2024, its third location in the region after Singapore (1989) and Kuala Lumpur (2007). T he expansion aims to enhance customer support,...
AUSTRIA – Fritz Egger has retired from his role as Chairman of Egger’s Supervisory Board after celebrating his 75th birthday on November 15. Walter Schiegl, a former member of Egger Group Management and Supervisory Board member since 2022, has been...
SWEDEN – Swedish technology supplier Sunds Fibertech has signed a Service Agreement with Arauco, one of the world’s largest wood-based panel producers. The agreement includes spare parts, equipment upgrades and field service support for Arauco’s Küsters...
ITALY – Acimall, the Italian association of woodworking and furniture machinery manufacturers, has appointed Federico Broccoli, Chief Commercial Officer at Biesse, as its new Vice President. The board of the association approved the appointment following a proposal...
GERMANY – Dieffenbacher’s newly developed FiberXtractor steam vessel has been awarded second place in the “Circular Economy and Prevention of Environmental Pollution” category at the Baden-Württemberg Environmental Technology Awards, held on November 11,...
GERMANY – Homag Group posted a strong increase in earnings during the first nine months of 2025, supported by cost-reduction measures, despite continued weakness in the global furniture industry. Order intake fell 9% to EUR 938 million, reflecting delayed investment...
ECUADOR – As part of its environmental responsibility strategy, Novopan, Ecuador donated 1,000 Eucalyptus globulus trees to the El Inga Landfill in Quito to support reforestation efforts during the rainy season. The initiative aligns with the company’s...
BRAZIL - Eucatex reported total net revenue of BRL 798.3 million in 3Q-2025, a 3.1% increase compared to BRL 774.4 million in 3Q-2024, according to the company’s quarterly report. For the January–September 2025 period, total sales rose 10.6% year-on-year, totaling BRL...
SPAIN – Household spending on furniture and home décor in Spain rose by 14% in 2025 compared with the previous year, reaching an average of EUR 741 per household, according to the Dynamics of Consumption in Spain 2025 report published by the Cetelem...
MEXICO – The investment projects of Arauco in Mexico continue to face setbacks, with the company confirming new delays in the construction of its MDF/HDF plant and the expansion of impregnation and laminating capacity at the Zitácuaro facility. Although...
