USA - According to Lesprom Analytics, China’s wood furniture exports saw a significant 24% increase in the first seven months of 2024, reaching 256 million pieces. This boost led to a 9% rise in export value, totaling USD 13.4 billion. Despite this growth, the average...
FINLAND - Metsä Group, one of the world’s largest forest industry groups, produces around 12 million tonnes of wood-based CO₂ annually and is now focused on large-scale carbon capture. Kaija Pehu-Lehtonen, the new project director, sees bio-based CO₂ as a valuable yet...
NETHERLANDS - Ikea is testing a new digital marketplace for second-hand furniture, called Ikea Preowned, in Madrid and Oslo, and is planning to roll out the site globally in December. This platform enables users to buy and sell used Ikea furniture directly, featuring...
CHILE - Falabella informed that it will sell to Parque Arauco the Open Plaza Kennedy shopping center and the entity that operates the Courtyard Hotel by Marriott inside the center, in Las Condes, Santiago. Falabella’s CEO, Alejandro González, stated that this move...
ITALY - Salice, the Italian manufacturer of furniture fittings, has acquired Atim S.p.A., an Italian specialist in aluminum-based hardware solutions. This acquisition will enhance Salice's portfolio with innovative designs, including extendable tables and...
SWITZERLAND - Technische Fachschule Bern (TF Bern), founded in 1888 in Switzerland, is renowned for blending technical training with real-world production. With 650 trainee spaces, TF Bern offers hands-on experience by creating custom furniture and interior fittings....
ECUADOR - Aglomerados Cotopaxi, one of Ecuador's leading forest products companies , recently hosted a significant discussion in partnership with FSC Ecuador to highlight the country’s pivotal role in sustainable forest management. Ecuador’s extensive forest coverage,...
CHILE – Masisa, one of the leading wooden panel manufacturers in South America, reported sales revenue for the first half of 2024 (6M-2024) was USD 140.4 million, down 12.6% from the same period last year (USD 160.7 million). This decline was due to lower...
COLOMBIA - In the first half of 2024 (6M-2024), Colombia experienced a notable increase in its particleboard (PB / MDP) imports. The total value of imports reached USD 84.99 million, reflecting a 15.9% rise compared to the same period in 2023. This growth is...
GERMANY - Altendorf, a leading manufacturer of sliding table saws, has been honored with the "Brand of the Century" award by "Die Deutsche Wirtschaft," joining the ranks of BMW, Miele, and Faber-Castell. This prestigious award recognizes Altendorf’s exceptional brand...
INDIA - Greenply Industries and Samet have launched their joint venture, Greenply-Samet, marking a significant milestone in the Indian furniture hardware market. Officially named Greenply Samet Private Limited, this new venture began operations on October 26, 2023,...
CHILE - From January to June 2024 (6M-2024), Chile's exports of particleboard (PB / MDP) faced a significant downturn, totaling USD 44.5 million. This represents an 18.5% decrease compared to the same period in 2023, when exports amounted to USD 54.6 million. A closer...
