ECUADOR - The main companies in Ecuador´s wood and furniture sector experienced a decline in sales and profits in 2023 compared to the previous year. Total sales among the main companies in this sector amounted to USD 410.2 million, a decrease of 3.4% from USD 424.8...
FSC Appoints Dr. Subhra Bhattacharjee as New Director General
GERMANY - The Forest Stewardship Council (FSC) International Board of Directors has appointed Dr. Subhra Bhattacharjee as the new Director General, effective October 1, 2024. With over 20 years of experience in public policy, climate change, and sustainable...
Over 2,000 Visitors Experience Latest Trends at Homag Treff 2024
GERMANY - Under the motto "Where sawdust flies and inspiration lands," Homag Treff 2024 attracted over 2,000 visitors from more than 30 countries. After a six-year hiatus, the renowned in-house exhibition took place simultaneously at two southern German...
European Commission Proposes One-Year Delay on Deforestation Regulation
BELGIUM - The European Commission announced a proposed one-year delay for a law banning imports linked to deforestation (EUDR), responding to widespread concerns from industries and governments worldwide. While the law is seen as a crucial measure in the fight against...
Refopanel Unveils New Plywood Plant in Colombia
COLOMBIA - Refopanel has announced the opening of its new plywood manufacturing plant in Zambrano, Bolívar. The inauguration event took on September 27, 2024. As part of the Refocosta group, this new production facility will have an annual capacity of 27,500 cubic...
Arauco Invests USD 4.6 Billion in New Pulp Mill in Brazil
CHILE - With an investment of about USD 4.6 billion, Arauco's new pulp mill in Brazil will have an annual capacity of 3.5 million tons. Arauco has selected Finnish company Valmet as its technology partner. As a leader in pulp and bioenergy, Arauco is advancing the...
Strong Growth in Colombian Decor Paper imports
COLOMBIA - Colombia's imports of decor paper for wooden panels have seen a strong increase in the first half of 2024 (6M-2024), totaling USD 11,056,148, a 42.1% rise compared to USD 7,781,687 during the same period in 2023. Brazil remains the largest supplier country,...
Ingka Group Expands in China with New Ikea Store in Shanghai
CHINA - Ingka Group, the largest Ikea retailer, has opened a new Ikea store and Livat meeting place in Shanghai's Changning District, enhancing its presence in China. This supports the company’s strategy to merge digital and physical shopping experiences. The Ikea...
Biesse Reaches 10,000 Machines Exported From India
ITALY - Biesse, a global leader in woodworking machinery, has achieved a remarkable milestone by exporting 10,000 machines manufactured in India to over 75 countries across six continents. This accomplishment underscores the company's dedication to the "Make in...
Interzum 2025 to Highlight Circular Economy and Biobased Solutions
GERMANY - The circular economy and biobased solutions will be the focus of interzum 2025, highlighting sustainable resource management in furniture production and interior design. From May 20 to 23, 2025, the leading international trade fair will showcase various...
Spanish Furniture Sector Sees Stable International Sales in 6M-2024
SPAIN - International sales in the Spanish furniture sector remain nearly unchanged in 6M-2024 from the same period last year, showing a slight increase of 0.9%, totaling EUR 1.54 billion. Meanwhile, Spanish furniture imports have risen by 3.4% during the first half...
European Associations Call for Delay in EUDR Implementation
BELGIUM - On September 25, 2024, 29 European associations, including the European Panel Federation (EPF), the European Confederation of Woodworking Industries (CEI-Bois), and the European Timber Trade Federation, released a joint statement urging a delay in the...