SPAIN – In 2023, Spanish furniture exports experienced a 3% growth, surpassing the figure of USD 3.041 billion euros, according to data provided by Estacom for the period from January to December.
Arauco, Sales and Profit Down in 2023
CHILE – Arauco recorded a decline in sales revenue in 2023, totaling USD 6,011.8 million, representing a 15.4% decrease compared to the same period in 2022 (USD 7,102.1).
Chilean Particleboard Exports Exceed USD 100 million in 2023
CHILE – The value of Chilean exports of particleboard (PB / MDP) reached USD 100.39 million in 2023, reflecting a significant increase of 28.4% compared to 2022 (USD 78.18 million).
Proteak Sales Down 37% in 4Q-2023
MEXICO – Proteak, Mexico’s largest forestry company, reported its results for the 4th quarter of 2023 (4Q-2023).
Arauco Starts Construction of Second Phase MDF plant in Zitácuaro
MEXICO – Arauco, a global leader in the manufacturing of wood based panels, recently commenced the second phase of construction of its plant in Zitácuaro, Michoacán. The total investment in this new MDF production line amounts to USD 200 million and is expected to generate 3,000 direct and indirect jobs in the region.
Homag 2023: High Sales Revenues Despite Declining Order Intake
GERMANY – Preliminary data indicates that despite economic challenges, the Homag Group slightly increased sales revenue to EUR 1,625 million, attributing this to a high initial order backlog and service sector expansion.
European Panel Federation Signs the Antwerp Declaration for a European Industrial Deal
BELGICA – The European Panel Federation (EPF) has endorsed the Antwerp Declaration for a European Industrial Deal, joining 72 leading companies and 34 industry associations representing over 7.8 million jobs. They advocate for placing the Industrial Deal at the core of the new European Strategic Agenda for 2024-2029.
Biesse Approves Business Plan to 2026
ITALY – Biesse Spa recently announced the board’s approval of its 2024-2026 business plan, forecasting an average annual revenue growth between 2 percent and 4 percent over the plan period (2026: EUR 830 -880 million).
Siempelkamp Names Dr. Melanie Bockemühl to its Advisory Board
GERMANY – Starting January 1st, Dr. Melanie Bockemühl, renowned for her outstanding proficiency in digital technologies, officially joined the Advisory Board of G. Siempelkamp GmbH & Co. KG.
Sonae Arauco to Receive Wind Energy in Germany
GERMANY – Sonae Arauco is advancing its sustainability goals by moving closer to carbon neutrality. As a global leader in wood-based solutions, the company is actively driving the industry’s transition towards sustainability.
German Furniture Industry Sales will Fall by 4.3% in 2023
GERMANY – Sales in the German furniture industry are forecasted to decline by 4.3 percent in 2023, reaching approximately EUR 18 billion, as per official data.
FIMMA to Double Space with Latest Innovations in Machinery and Technology
SPAIN – FIMMA, the International Fair for Machinery for the Furniture-making and Wood Sectors, is gearing up to make a significant impact at the upcoming edition of FIMMA + Maderalia, scheduled from May 14th to 17th at Feria Valencia in Spain.