INDIA – Haworth, a US-based global furniture manufacturer with a revenue of USD 2.5 billion, is set to expand and fortify its presence in India to tap into the rapidly growing domestic market.
Scm Group Receives Recognition at the 2023 Excelsa – Romagna Awards
ITALY – Scm Group is among the honored companies at the 2023 edition of the Excelsa – Romagna Award, a biennial initiative organized by Confindustria Romagna, which kicked off the ninth Festival of Industry and Business Values on September 19th at the Palazzo dei Congressi in Milano Marittima.
CIFF Shanghai 2023 Concludes with a Surge in Participation
CHINA – The 52nd China International Furniture Fair (CIFF Shanghai 2023) has successfully concluded, drawing a total of 93,474 professional attendees over four days. This marked a significant increase of 10.44% in overseas participants compared to 2019.
Colombian Particleboard Imports Decline by 13.1% in the First Half of 2023
COLOMBIA – The value of Colombian imports of particleboard (PB/MDP) reached USD 73.32 million in the first half of 2023 (6M-2023), marking a 13.1% decrease compared to 6M-2022 (USD 84.36 million).
Peruvian Particleboard Imports Dip by 14.9% in 6M-2023
PERU – Peruvian imports of particleboard (PB/MDP) were valued at USD 79.56 million during the January-June period of 2023 (6M-2023), representing a 14.9% decline compared to the same period in 2022 (6M-2022: USD 93.51 million).
German kitchen furniture industry expects sales to decline in 2023
GERMANY – German kitchen furniture manufacturers are grappling with dwindling consumer demand.
Ingka Group Welcomes New EU Agreement for Higher Renewable Energy Targets
BELGIUM – Ingka Group welcomes the European Union agreement, now approved by the European Parliament, to increase the target for the share of renewable energy as a part of the energy mix from 32% to 42.5% by 2030, with the possibility of reaching 45%.
Homag Will not Exhibit at Holz-Handwerk
GERMANY – Homag has officially declared its non-participation in the 2024 edition of Holz-Handwerk, the Nuremberg trade fair dedicated to woodworking.
MasterBrand Named as One of America’s Safest Companies
USA – MasterBrand, Inc., the biggest residential cabinet manufacturer in North America, has earned recognition as one of America’s Safest Companies by EHS Today, the foremost publication for safety professionals in the United States.
Timberpak Opens Modern Recycling Site in Leeds
UNITED KINGDOM – Recycling and reprocessing company, Timberpak Ltd, has unveiled its new site in Leeds, UK, following a multi-million pound investment into the six acre site on Cross Green Industrial Estate.
Egger Presents its Sixth Group-wide Sustainability Report
AUSTRIA – The Egger Group presented its sixth Sustainability Report for the financial year 2022/2023.
Homag Group Main Machinery Supplier to the Colombian Market in 6M-2023
COLOMBIA – Colombian imports of European machinery for secondary wood processing (wood-based panels) reached USD 1.87 million in the first half of 2023 (6M-2023). This represented a sharp drop of 30.3% compared to the previous year (6M-2022: USD 2.69 million).