FINLAND – Raute, the foremost producer of veneer, plywood, and LVL manufacturing technologies, reported order intake of EUR 112 million during the second quarter.
Pfleiderer Obtains EcoVadis Gold Level for Sustainability
GERMANY – The Pfleiderer Group has achieved significant success through its dedicated focus on sustainable business practices.
The EU Commission Probes Possible Anti-dumping Evasion on Russian Birch Plywood
BELGIUM – The European Commission has launched an official probe into potential evasion of EU anti-dumping rules by Russian birch plywood producers and traders.
Arauco Reports 2Q-2023 Results
CHILE – Arauco, one of the largest global manufacturers of wooden panels, reported that revenues reached USD 1,408.9 million in the second quarter of 2023 (2Q-2023), a decrease of 2.1% when compared to the previous quarter, and of 24.5% compared to the 2Q-2022.
Brazilian Wood-Based Panel Consumption and Exports Down in 6M-2023
BRAZIL – As reported by IBA (Brazilian Tree Industry), in the second quarter of 2023 (2Q-2023) the consumption of wood-based panels (PB/MDP, MDF/HDF and Hardboard) in Brazil reached 1.72 million m3, a slight drop of 1.4 percent compared to the 1.74 million m3 reached in 2Q-2022.
Brazilian Furniture Exports Down 18.5% in First Half 2023
BRAZIL – Brazilian wood furniture exports witnessed a significant decline of 18.5% in the first half of 2023 (6M-2023), reaching a value of USD 272.33 million compared to USD 334.18 million in 6M-2022.
European Union Extends anti-dumping measures on Chinese Okoumé Plywood
BELGIUM – These measures were recently renewed on June 13, 2023. Originally introduced in 2004, these duties were slated to expire after a five-year period.
Wooden Panel Innovation Under the Spotlight at International Symposium
WALES – This prominent technical conference serves as a premier platform for exploring wood-based panel research and innovation, drawing participants from around the globe.
Fletcher Building Orders Fine OSB Plant from Dieffenbacher
NEW ZEALAND – Fletcher Building Ltd., based in New Zealand, has placed an order with the German machinery manufacturer Dieffenbacher for a plant dedicated to the production of Fine OSB.
Maja-Möbel Will Cease Production
GERMANY – Maja Mobelwerk, a prominent German ready-to-assemble (RTA) furniture manufacturer headquartered in Wittichenau, has declared its intention to cease production by the end of December 2023.
German Furniture Industry Sales to Drop 5 to 7 percent in 2023
GERMANY – The German furniture industry faces major demand challenges, reported Jan Kurth, Managing Director of the German Furniture Industry Association.
Cabinetworks Moves Headquarters in Michigan
USA – Cabinetworks Group, the second-largest kitchen cabinet manufacturer in the U.S., is moving its headquarters from Ann Arbor to Livonia: It plans to hire 110 employees for a USD 14.2 million expansion in Michigan.