Headlines
Succesful ForMobile Participation for SCM Group
BRAZIL – The ForMóbile international trade fair for the wood and furniture industry took place in Sao Paulo, Brazil, from July 2 to 5.
Tafisa Starts Selection Process for New CEO
CANADA – The Board of Directors of Tafisa Canada has recently begun the search for a new CEO to succeed Mr. Louis Brassard.
Henkel Achieves Renewable Energy Goal in Middle East and Africa
GERMANY – Henkel Adhesive Technologies, a global leader for adhesives, sealants, and functional coatings, has achieved a major sustainability milestone: all of its manufacturing sites in the Middle East and Africa (MEA) now operate on 100% renewable electricity.
Roland Auer Steps Down as CEO of Schattdecor
GERMANY – Following Schattdecor’s recent announcement of Roland Auer’s resignation from his position due to personal reasons effective July 15, 2024, the CEO bid farewell to employees in an emotional letter.
Bürkle Chooses Homag Denmark as New Sales Partner
DENMARK – Robert Bürkle GmbH, a global leader in presses and coating technologies, has restructured its sales in Denmark, ending its partnership with Nicholaisen A/S.
Ikea Expands with Small Store Format on Fifth Avenue in New York
USA – Ikea, the Swedish furniture giant, is establishing a small-format store in a significant retail and office project on Fifth Avenue in New York City, an area where luxury brands have faced challenges post-pandemic, deterring shoppers.
MasterBrand Finalizes Acquisition of Supreme Cabinetry Brands
USA – MasterBrand, a leading manufacturer of residential cabinetry in North America, has completed the acquisition of Supreme Cabinetry Brands Inc. from GHK Capital Partners LP for USD 520 million in cash.
Arauco Successfully Completes FSC Forest Management Monitoring Audit
CHILE – On July 3, the FSC Forest Management follow-up audit (FSC-C108276), conducted by the Soil Association certification house, was successfully completed.
European Decorative Paper Manufacturers Unite for Anti-dumping Inquiry
BELGIUM – BELGIUM – Felix Schoeller and other leading European decorative paper manufacturers have expressed strong support for the European Commission’s decision to launch an anti-dumping investigation into decorative paper imports from China.
Rehau Unveils New Lamination Line at Michigan Facility
USA – Rehau America recently inaugurated a 33-meter assembly line at its Sturgis, Michigan plant.
Top Colombian Furniture Manufacturers’ Sales grew by 6.5% in 2023
COLOMBIA – In 2023, sales from Colombia’s top 12 furniture manufacturers reached COP 1,028.5 billion, up from COP 965.8 billion in 2023, marking a 6.5% growth.
Mexican Particlebord Imports Down 12.2% in 1Q-2024
MEXICO – Mexico’s imports of Particleboard / MDP declined notably in the first quarter of 2024 (1Q-2024) compared to the same period last year.
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CSIL Publishes The Furniture Industry in India
ITALY – The Indian furniture market, valued at USD 20 billion according to CSIL, has maintained an average annual growth rate of 6% over the past decade.
Excellent Early Registration Figures for interzum 2025
GERMANY – The early booking phase for exhibitors at interzum 2025 concluded at the end of February with outstanding results.
Peruvian Particleboard Imports Up 18.5% in First Two Months 2024
PERU – Peruvian particleboard (PB/MDP) imports reached a total value of USD 32.11 million in the first two months of 2024, marking an increase of 18.5% compared to the same period 2023 (USD 27.10 million).
Interzum Forum Italy 2024 Premieres in June
ITALY – In Bergamo on June 6th and 7th, Koelnmesse’s new biennial event, Interzum Forum Italy, will convene 200 companies from the furniture and interior design sectors for its inaugural edition.
Slight Decrease of Ecuadorian Particleboard Exports in 2M-2024
ECUADOR – In the first two months of 2024 (2M-2024), Ecuador’s particleboard exports (PB/MDP) amounted to USD 34.08 million, marking a slight decrease of 0.8% compared to the same period last year (2M-2023: USD 34.37 million).
CIFF Guangzhou Announces its Largest Edition in 2024
CHINA – The 53rd edition of the China International Furniture Fair (CIFF Guangzhou 2024), themed “Designing A Be er Home, Serving A New Pattern”, promises to be a record-breaking event.
Siempelkamp Subsidiary Pallmann acquires Febs SK
GERMANY – Pallmann, a subsidiary of Siempelkamp based in Zweibrücken, Germany, has acquired Febs SK s.r.o., a Slovakian company located in Mytne Ludany.