Headlines
Colombian Particleboard Imports Up 22% in 8M-2024
COLOMBIA - From January to August 2024 (8M-2024), Colombia's imports of particleboard / MDP totaled USD 114.12 million, reflecting a notable increase of 22% compared to USD 93.53 million in the same period of 2023. In terms of volume, Colombian imports of...
Latin America’s Wooden Furniture Imports Up by 34% in 6M-2024
COLOMBIA - In the first half of 2024, wooden furniture imports in Latin America reached a total of USD 368.49 million, marking a significant growth of 34% compared to USD 274.97 million in the same period of 2023. Mexico led the region with the highest import value at...
Unilin Invests EUR 20 Million to Initiate Industrial MDF Recycling
BELGIUM - Unilin is investing EUR 20 million to launch industrial-scale MDF recycling at its Bazeilles, France, facility. Previously, MDF items like decorative panels and flooring were incinerated due to the glue binding the wood fibers, which posed a recycling...
Hawa Sliding Solutions Expands with Klein Acquisition
SWITZERLAND - On October 15, 2024, Hawa Sliding Solutions AG acquired the Klein group, headquartered in Barcelona, Spain. Both companies are leaders in the sliding door solutions market, and this acquisition strengthens Hawa's global position. Founded in 1931, Klein...
Egger Plans Major Investment for New Plant in Germany
AUSTRIA - The Egger Group, headquartered in St. Johann in Tirol, Austria, is embarking on significant investment plans for its new plant in Markt Bibart, Germany, which became part of the group in November 2023. With over EUR 200 million allocated for projects by...
Aglomerados Cotopaxi Boosts Energy Autonomy with New Generators
ECUADOR - In response to energy challenges in Ecuador, Aglomerados Cotopaxi has implemented an advanced self-generation system that covers 45% of its daily power needs, enhancing operational continuity and sustainability. In July, the company imported state-of-the-art...
More Than 93% of interzum 2025 is Booked
GERMANY - Interzum 2025 is already over 93% booked, emphasizing its status as the premier trade fair for furniture production and interior design. Scheduled to take place from May 20-23 in Cologne, this year’s event is witnessing robust international demand, with...
Ingka Group Completes Full Acquisition of Ikano Bank AB
NETHERLANDS - Ingka Group, the largest retailer of Ikea, has successfully completed the full acquisition of Ikano Bank AB after receiving all necessary regulatory approvals. This acquisition makes Ingka Group the sole owner of Ikano Bank, allowing it to enhance its...
Madecentro Announces Exclusive Alliance with Kronospan
COLOMBIA - Madecentro, a leading company in Colombia's wood and furniture industry, has announced an alliance with Kronospan, the top global manufacturer of melamine boards. Starting October 22, Kronospan's products will be exclusively available at Madecentro's 222...
Brazil: MDF/HDF production capacity exceeds 8 million cubic meters
BRAZIL - In 2023, Brazil's installed production capacity for medium-density fiberboard (MDF) and high-density fiberboard (HDF) reached a total of 8,055,000 cubic meters across 22 production lines. This capacity underscores Brazil's importance in the global wood-based...
Leadership Transition at Schattdecor North America
USA - With the announcement of Flavio Nunes’ return to Brazil, CEO since 2015, a new team of directors will assume management of the North American unit effective October 14, 2024 The board, which will be shared between David Sheehan, CEO (Sales, Design, Marketing and...
Hettich’s Innovative Fitting Recognized in Japan
GERMANY - Hettich's FurnSpin turn-and-swivel fitting has won the "Good Design Award 2024" from the Japan Institute of Design Promotion (JDP). This is the seventh time Hettich has received this award since 2014. The "Good Design Award" is Japan's premier...
Current
Latin America’s Wooden Furniture Imports Up by 34% in 6M-2024
COLOMBIA - In the first half of 2024, wooden furniture imports in Latin America reached a total of USD 368.49 million, marking a significant growth of 34% compared to USD 274.97 million in the same period of 2023. Mexico led the region with the highest import value at...
More Than 93% of interzum 2025 is Booked
GERMANY - Interzum 2025 is already over 93% booked, emphasizing its status as the premier trade fair for furniture production and interior design. Scheduled to take place from May 20-23 in Cologne, this year’s event is witnessing robust international demand, with...
EU Council Delays Deforestation Regulation by One Year
BELGIUM - The European Council has reached a consensus to amend the EU deforestation regulation (EUDR), delaying its implementation by 12 months. This extension allows third countries, member states, operators, and traders to adequately prepare for due diligence...
Strong Recovery in Argentinian Decor Paper Imports
ARGENTINA - Argentina’s imports of wooden panel decor paper from January to July 2024 totaled USD 15.3 million, showing notable growth compared to USD 3.2 million in the same period of 2022. Although this represents a 16.4% decrease from USD 18.3 million in 2023, the...
Brazilian Cultivated Tree Sector Surpasses 10 Million Hectares
BRAZIL - According to the latest Ibá (Brazilian Tree Industry) Annual Report, the cultivated tree sector in Brazil has surpassed 10 million hectares for the first time. These trees produce renewable, biodegradable, and recyclable bioproducts for over 2 billion people...
Koelnmesse Cancels imm cologne 2025 Trade Show
GERMANY - imm cologne 2025 programed for January has been canceled. Koelnmesse, in collaboration with the Association of the German Furniture Industry (VDM) and the Furniture and Kitchens Trade Association (BVDM), made this decision due to significant economic...
Mixed Trends in Regional Particleboard Imports in 6M-2024
COLOMBIA - In the first half of 2024 (6M-2024), particleboard imports in Latin America demonstrated varied trends across different countries. The total imports in the region amounted to USD 266.3 million, showing a slight decline of 2.6% compared to USD 273.5 million...