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Novopan Launches Pelíkano in Mexico as Part of Regional Expansion
MEXICO – Novopan, a leading wood panel manufacturer in Latin America, has announced the launch of its brand Pelíkano in Mexico, as part of its strategy to expand and strengthen its presence in key regional markets. Pelíkano enters the growing decorative panel segment...
Homann Holzwerkstoffe Reports Stable 2024 Results
GERMANY – Homann Holzwerkstoffe GmbH, a leading European supplier of thin, refined wood fiberboards (THDF), reported solid financial results for 2024, with revenue rising to EUR 369.9 million, exceeding forecasts by EUR 15.4 million. Despite market pressures and...
Russian Furniture Industry Calls for Higher Tariffs
RUSSIA – More than USD 430 million worth of European furniture is expected to flood the Russian market in 2025, prompting the Furniture Association of Russia (FER) to call on President Vladimir Putin to raise import duties and protect domestic manufacturers. The...
Vietnam Top Buyer of Chinese Woodworking Machinery
CHINA – According to data from the Acimall Studies Office based on ISTAT figures, China’s exports of woodworking machinery (excluding tools) reached EUR 2.52 billion in 2024, marking a 9.3% increase compared to 2023. Vietnam became China’s top...
Mixed Results for Italy’s Top Furniture Companies
ITALY – The latest available data (2023) shows that Italy’s top furniture companies experienced mixed results, with some achieving growth while others faced setbacks. Friul Intagli remained at the top with EUR 865.8 million in sales, although it saw...
Egger Haus Network Opens 42nd Store
ARGENTINA – Egger Haus has expanded its network with the opening of a new La Casa del Carpintero store in San Juan, located at 2152 Mendoza Sur. Inaugurated on March 20, this marks the company’s first location in the province and brings its total to 42 stores...
Formica Rebrands DecoMetal as Homapal
USA – Formica Corporation has officially rebranded its popular DecoMetal Laminates collection under the Homapal name, aligning the North American offering with the renowned German manufacturer of premium real metal and magnetic laminates based in Herzberg am...
Salone del Mobile 2025 Draws Over 300,000 Visitors
ITALY – Despite global economic challenges, the 63rd edition of Salone del Mobile.Milano welcomed 302,548 attendees underscoring the event’s international significance. The fair showcased 2,103 exhibitors from 37 countries, reinforced by a strong cultural program and...
Unilin to Open EUR 40M Insulation Board Plant in Poland by 2026
POLAND – Belgium-based building materials firm Unilin has announced plans to build a fully automated polyisocyanurate (PIR) insulation board plant in Leśnica, Poland, with operations set to begin by late 2026. The EUR 40 million facility will produce 8 million square...
Ecuador Backs Genetic Innovation to Boost Sustainable Forestry
ECUADOR – As the construction industry seeks more sustainable materials, wood stands out as a key alternative to traditional options like cement and steel, thanks to its ability to store carbon and its lower environmental impact. In this effort, Ecuador is emerging as...
GreCon Launches Monitoring System for Particleboard Production
GERMANY – Variations in wood particle size continue to pose a major challenge in particleboard manufacturing, affecting board strength, surface quality, and adhesive efficiency. To address this, Fagus-GreCon has introduced the 2D PARTICLEVIEW, an inline measurement...
Novopan Opens New Experience Center in Peru
ECUADOR – Novopan, the leading exporter of particleboard in Latin America, has inaugurated a new Pelikano Experience Center in Trujillo, Peru, reinforcing its regional expansion strategy and commitment to innovation in interior design and construction....
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Sustainable Production Focus at Ligna 2025 in Hannover
GERMANY – Ligna 2025 will take place in Hannover from May 26 to 30 in a challenging environment marked by new U.S. tariffs and international counter measures affecting several industries, including woodworking. Despite these obstacles, Ligna has always proven to be a...
Colombia’s Furniture Exports Drop in Early 2025
COLOMBIA – Colombia’s wooden furniture exports for the period of January and February 2025 have experienced a 14.7% decline compared to the same period in 2024. Exports totaled USD 7.67 million in 2025, down from USD 8.99 million in the first two months of 2024. While...
Ecuador’s Particleboard Exports Down 9.1% in First Two Months 2025
ECUADOR – Ecuador's particleboard and medium-density particleboard (MDP) exports experienced a notable decline in the first two months of 2025, falling by 9.1% compared to the same period in 2024. Total export revenues reached USD 30.97 million between January and...
U.S. Wooden Furniture Imports Rise 6.6% in 2024
USA – The United States imported a total of USD 13.5 billion in wooden furniture in 2024, reflecting a 6.6% increase over 2023. This growth was driven primarily by Vietnam, which strengthened its position as the top supplier with USD 5.54...
Top Wood Product Firms Hold Ground in 2024
USA – The 2024 FDMC 300 report reveals a stable year for North America's top 300 wood products manufacturers, with a mix of sales growth, slight declines, and many companies maintaining their performance. Several companies exited the list, while a few new names...
Brazil’s Wooden Furniture Exports Up 3.9% in 2024
BRAZIL – Brazil’s wooden furniture exports saw a slight overall increase of 3.9% in 2024, reaching a total of USD 583.76 million, up from USD 561.78 million in 2023. While some of Brazil's traditional markets experienced a downturn, the overall export performance was...
China Launches USD 138 billion Venture Fund for Robotics and AI
CHINA – China’s National Development and Reform Commission has announced the creation of a state-backed venture capital fund focused on robotics, AI, and cutting-edge innovations. The long-term fund, aiming to raise nearly USD 138 billion over 20 years, will draw...
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