Headlines
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.
Biesse Presents The 2023 Sustainability Report
ITALY – Biesse, a global leader in the production of integrated lines and machines for processing wood, has unveiled its 2023 Sustainability Report, a comprehensive overview highlighting achievements in environmental, social, and governance (ESG) goals.
Kastamonu Entegre Invests EUR 70 Million in Renewable Energy
TURKEY – Kastamonu Entegre, a global leader in wood-based panels, is enhancing sustainability with substantial investments in renewable energy.
Mekong New MDF Plant Produces First Board
VIETNAM – On June 3rd, Mekong Wood MDF Joint Stock Company achieved a significant milestone by producing its first board at its new facility in Cam Khe district, Phu Tho province.
Hiteco Inaugurates a New Facility to Enhance Productivity
ITALY – Hiteco, an SCM Group company specializing in high-tech mechatronic components for machine tools, recently inaugurated its new facility in Rimini, Italy.
Jowat Forum on “Adhesives and Construction” Attracts 120 Participants
GERMANY – The Jowat Forum 2024, held on June 18th in Detmold, was a resounding success, attracting 120 participants and featuring 10 inspiring speakers from various sectors of the construction and adhesive industries.
Eletrobras and Suzano Join forces to Develop Sustainable Fuels
BRAZIL – Eletrobras, the largest energy company in Latin America, and Suzano, the world’s leading pulp producer, have announced a partnership aimed at exploring sustainable solutions such as green hydrogen and synthetic fuels.
Current
Chilean Particleboard Exports Exceed USD 100 million in 2023
CHILE – The value of Chilean exports of particleboard (PB / MDP) reached USD 100.39 million in 2023, reflecting a significant increase of 28.4% compared to 2022 (USD 78.18 million).
European Panel Federation Signs the Antwerp Declaration for a European Industrial Deal
BELGICA – The European Panel Federation (EPF) has endorsed the Antwerp Declaration for a European Industrial Deal, joining 72 leading companies and 34 industry associations representing over 7.8 million jobs. They advocate for placing the Industrial Deal at the core of the new European Strategic Agenda for 2024-2029.
German Furniture Industry Sales will Fall by 4.3% in 2023
GERMANY – Sales in the German furniture industry are forecasted to decline by 4.3 percent in 2023, reaching approximately EUR 18 billion, as per official data.
FIMMA to Double Space with Latest Innovations in Machinery and Technology
SPAIN – FIMMA, the International Fair for Machinery for the Furniture-making and Wood Sectors, is gearing up to make a significant impact at the upcoming edition of FIMMA + Maderalia, scheduled from May 14th to 17th at Feria Valencia in Spain.
Orders for Italian Wood Processing Technology Down in 4Q-2023
ITALY – Acimall, the association representing Italian woodworking and furniture machinery and technology manufacturers, has released a report indicating a sustained decrease in orders, mirroring trends observed in previous quarters.
Peruvian Imports of Particleboard Decline 13.5% in 2023
PERU – Imports of particleboard (PB/MDP) to Peru amounted to a total value of USD 140.11 million in 2023, marking a decline of 13.5% compared to 2022 (USD 161.94 million).
Panamanian Wooden Furniture Imports Decrease Slightly in 2023
PANAMA – The value of Panamanian wooden furniture imports had a slight decrease of 0.7% in 2023. Reaching USD 49.33 million, compared to USD 49.65 million in 2022.