Headlines
Colombian Particleboard Imports Up 15.1% in 5M-2024
COLOMBIA - In the first five months of 2024 (5M-2024), Colombian imports of particleboard (PB/MDP) experienced a relevant growth of 15.1%, rising from USD 61.6 million in 5M-2023 to USD 70.9 million. Ecuador was again the leading supplier country, despite a 5.1%...
Masisa Introduces a New Direct Regional Sales Strategy
CHILE – Masisa, an acknowledged wooden panel manufacturer, has unveiled an innovative direct sales strategy for Mexico, Peru, Ecuador, and Colombia.
Martco LLC Produces First Board on New Dieffenbacher OSB line
USA – Martco LLC has successfully launched its third multi-opening OSB line from Dieffenbacher at its Corrigan, Texas plant.
Surteco sales and earnings on course in 1st Half 2024
GERMANY – In the first half of 2024, Surteco Group’s, sales increased by 4% to EUR 447.6 million, up from EUR 428.8 million last year, despite challenging conditions.
Forte Sales Down 5% in 1Q-2024/25
POLAND – The Polish RTA furniture manufacturer Forte, one of the largest in Europe, reported consolidated revenues of €58.32 million (PLN 251 million) for the first quarter (1 April – 30 June) of the 2024/25 financial year (1Q-2024/25), a 5% decrease from the previous year.
Novopan Reveals USD 14 Million Sustainable Energy Investment Plan
ECUADOR – Novopan, a leading Ecuadorian manufacturer of wooden panels, recently hosted a visit from Minister of Production Sonsoles García and her team as part of a six-year investment contract.
All Set For 13th Edition of the European Wood-based Panel Symposium
GERMANY – The 13th European Wood-based Panel Symposium will take place on 9 – 11 October 2024, at the at the Grand Elysée Hotel in Hamburg.
Colombian Particleboard Imports Up 15.1% in 5M-2024
COLOMBIA – In the first five months of 2024 (5M-2024), Colombian imports of particleboard (PB/MDP) experienced a relevant growth of 15.1%, rising from USD 61.6 million in 5M-2023 to USD 70.9 million.
Valmet Finalizes Acquisition of Demuth in Brazil
Difficult 2Q-2024 for Proteak
MEXICO – Proteak, Mexico’s largest forestry company, reported its results for the second quarter of 2024 (2Q-2024).
Sodimac Opens its 33rd Store in Perú
PERU – Sodimac, the home improvement and construction solutions chain, has announced the opening of a newly converted store.
Weyerhaeuser Acquiring High-Quality Timberlands
USA – Weyerhaeuser, one of the world’s largest private owners of timberlands, has acquired 84,300 acres of premium timberlands in Alabama for $244 million.
Market News
All Set For 13th Edition of the European Wood-based Panel Symposium
GERMANY – The 13th European Wood-based Panel Symposium will take place on 9 – 11 October 2024, at the at the Grand Elysée Hotel in Hamburg.
Valmet Finalizes Acquisition of Demuth in Brazil
Difficult 2Q-2024 for Proteak
MEXICO – Proteak, Mexico’s largest forestry company, reported its results for the second quarter of 2024 (2Q-2024).
Weyerhaeuser Acquiring High-Quality Timberlands
USA – Weyerhaeuser, one of the world’s largest private owners of timberlands, has acquired 84,300 acres of premium timberlands in Alabama for $244 million.
New Catas Website Ensures Authenticity of Test Reports
ITALY – Certification body Catas has launched verify.catas.com to combat the misuse of its name through fraudulent or altered test reports.
Central America Sees Significant Growth in Wooden Furniture Imports
CENTRAL AMERICA – During the first four months of 2024, Central America experienced robust growth in the importation of wooden furniture, reflecting a strong demand for these products across the region.
Strong Increase of Brazilian Particleboard Exports in 5M-2024
BRAZIL – Brazil’s exports of Particleboard / MDP (Medium Density Particleboard) from January to May 2024 showed significant growth compared to the same period in 2023.
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