Headlines
Metsä Group and Andritz Start Pioneering CO2 Capture Research
FINLAND – Metsä Group is collaborating with the technology company Andritz to explore integrating carbon capture into its bioproduct mill, potentially pioneering a global first.
Innovative Workplace Solutions Unveiled by Hettich
GERMANY – At the recent architect@work trade fair in Munich on June 5th and 6th, Hettich, a global leading fittings manufacturer, unveiled its latest innovation: “RoomSpin,”.
Schattdecor Present at ForMobile 2024
BRAZIL – After two years since its last presentation at ForMóbile, which highlighted the transformation of environments in the post-pandemic era, Schattdecor, a global leader in the decorative paper printing industry, is ready to participate in the 2024 edition.
Alvaro Gonzalez Named Garnica CEO
SPAIN – Garnica, a leading manufacturer of premium sustainable plywood, has appointed Álvaro Gonzalez as the new CEO, effective May 13.
Wilsonart Highlights Nonflammable Adhesive Solutions Following EPA Chemical Ban
The Home Depot Sales Down 2.3% in 1Q-2024
USA – The Home Depot, the world’s largest home improvement retailer, recently reported sales of USD 36.4 billion for the first quarter of fiscal 2024 (1Q-2024).
Strong Booking Status for LIGNA’s 2025 Edition
GERMANY – At the end of May 2024, Deutsche Messe AG and the VDMA Woodworking Machinery Association reported excellent booking status for LIGNA 2025.
Wayfair Reports Results for 1Q-2024
USA – Wayfair Inc, one of the world’s largest online home furniture retailers, disclosed its first-quarter financial results for 2024 (1Q-2024), revealing mixed outcomes with a slight revenue decline and a significant net loss.
Pfleiderer Drives Sustainability Through ReSource Initiative
GERMANY – Pfleiderer prioritizes quality and sustainability, recycling wood efficiently to maximize its potential.
The German Woodworking Machinery Sector is Experiencing a Sharp Downturn
GERMANY – The German woodworking machinery industry faces a significant slowdown in production and exports after a record year in 2023.
Spanish Furniture Exports Down 2.7% in 1Q-2024
SPAIN – According to Estacom, Spanish furniture exports decreased by 2.7% in the first quarter of 2024, reaching more than EUR 736 million.
Colombian Imports of Decor Paper Increase 18.6% in 1Q-2024
COLOMBIA – The value of Colombian imports of decorative papers for panel surfaces and decorative laminates reached USD 4.20 million in 1Q-2024.
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Duraplay Purchases Particleboard Plant in Mexico from Masisa
MEXICO – Recently, Duraplay, S.A.P.I. de C.V., a Mexican company, and Forestal Terranova México, S.A. DE C.V., entered into an asset purchase agreement for the sale of the wood based panel Plant owned by the latter, a Mexican subsidiary of Masisa S.A., located in Chihuahua, Mexico.
Kronospan Completes Purchase of Particleboard Plant from Roseburg
USA – Kronospan, a prominent manufacturer of wood panel products, has officially completed the acquisition of Roseburg’s Simsboro, Louisiana, particleboard facility. The transfer of ownership from Roseburg to Kronospan has been finalized following the required regulatory review period.
Positive Year for Italian Woodworking Technology
ITALY – The preliminary 2023 balance from the Acimall Studies Office reveals a 3.5 percent production growth compared to 2022.
Peruvian Imports of Plastic Edgebands Up 2.3% in 9M-2023
PERU – The value of Peruvian imports of plastic Edgebands in the first nine months of 2023 (9M-2023) was USD 3.68 million.
Colombian Imports of Decor Paper Down 29.6% in 9M-2023
COLOMBIA – The value of Colombian imports of decorative papers for panel and laminate surfaces reached USD 10.63 million in the January-September 2023 period (9M-2023).
LIGNA with New Dates From 2027 Onwards
GERMANY – From 2027, LIGNA will undergo a strategic shift in its schedule.
CSIL Publishes Report on The World Market for Height Adjustable Tables
ITALY – The recently released CSIL Report titled ‘The World Market for Height Adjustable Tables (HAT)’ is now accessible.
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