Headlines
Neodecortech Recognized Among Best Managed Companies in Italy
ITALY - Neodecortech, based in Filago and a producer of decorative papers for wooden panels and flooring for interior design, has been recognized as one of the winners of the 2024 Best Managed Companies Award. This award is promoted by Deloitte Private, in...
PhoneAlone introduces product featuring Välinge’s Threespine
SWEDEN - PhoneAlone ApS, a Danish manufacturer of soundproof telephone booths, integrates Välinge Innovation's Threespine Click Furniture technology into its new product line. The company has quickly established its innovative booths in the European market, providing...
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...
Nolan Pike Appointed President and CEO of Sauder Woodworking
USA - Sauder Woodworking, the world's largest manufacturer of ready-to-assemble (RTA) furniture, has announced the appointment of Nolan Pike as President and Chief Executive Officer, effective October 21, 2024. He succeeds Kevin Sauder, who is retiring after more than...
Dieffenbacher Acquires Pagnoni Impianti
ITALY - Effective October 7, 2024, Dieffenbacher , a leading German machine and plant manufacturer, has acquired the Italian family-owned company Pagnoni Impianti S.r.l., located in Aicurzio, about 30 kilometers northeast of Milan. The company will now operate under...
Scm Group Wins Best Managed Companies Award for Fourth Year
ITALY - For the fourth consecutive year, Scm Group has received the Best Managed Companies Award, recognizing the entrepreneurial excellence of Made in Italy. This award is promoted by Deloitte Private in collaboration with ALTIS - Graduate School of Sustainable...
Slight Decrease in Ecuadorian Particleboard Exports in 8M-2024
ECUADOR - Ecuador's exports of particleboard / MDP from January to August 2024 (8M-2024) have experienced a slight overall decline compared to the previous year. Total exports reached USD 132.9 million, a 2.4% decrease from USD 136.2 million in 2023. Colombia...
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...
Ingka Group Focuses on Lower Prices to Drive Growth in FY24
NETHERLANDS - Ingka Group , Ikea's largest retailer, reported its share of Ikea retail sales at EUR 39.6 billion for Fiscal Year 2024 (FY24), a 5% decline from EUR 41.7 billion in FY23. The company focused on lowering prices, investing over EUR 2.1 billion in...
Dieffenbacher and Unilin Partner to Advance Fiberboard Recycling
BELGIUM - Dieffenbacher and Unilin Technologies announced a cooperation agreement to commercialize Osiris, Unilin’s patented fiberboard recycling technology. This partnership enhances both companies' commitment to sustainability in the flooring and panel industries by...
Sustainable Design, New Red Dot Award Meta-Category
GERMANY - The Red Dot Award, recognized worldwide for its excellence in design, has broadened its scope by introducing a new meta-category focused on sustainable design. This category aims to highlight products that are not only aesthetically pleasing and functional...
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...
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LIGNA 2025: Circular Transformation in Wood Processing
GERMANY - A new format debuts at LIGNA’s anniversary edition in 2025: LIGNA.Circular. From May 26 to 30, 2025, Hall 12 at the Hannover Fairground in Germany will spotlight a pressing topic for the woodworking industry: circular transformation in wood processing. Under...
Top Ecuadorian companies’ sales and profits fall in 2023
ECUADOR - The main companies in Ecuador´s wood and furniture sector experienced a decline in sales and profits in 2023 compared to the previous year. Total sales among the main companies in this sector amounted to USD 410.2 million, a decrease of 3.4% from USD 424.8...
FSC Appoints Dr. Subhra Bhattacharjee as New Director General
GERMANY - The Forest Stewardship Council (FSC) International Board of Directors has appointed Dr. Subhra Bhattacharjee as the new Director General, effective October 1, 2024. With over 20 years of experience in public policy, climate change, and sustainable...
European Commission Proposes One-Year Delay on Deforestation Regulation
BELGIUM - The European Commission announced a proposed one-year delay for a law banning imports linked to deforestation (EUDR), responding to widespread concerns from industries and governments worldwide. While the law is seen as a crucial measure in the fight against...
Strong Growth in Colombian Decor Paper imports
COLOMBIA - Colombia's imports of decor paper for wooden panels have seen a strong increase in the first half of 2024 (6M-2024), totaling USD 11,056,148, a 42.1% rise compared to USD 7,781,687 during the same period in 2023. Brazil remains the largest supplier country,...
Spanish Furniture Sector Sees Stable International Sales in 6M-2024
SPAIN - International sales in the Spanish furniture sector remain nearly unchanged in 6M-2024 from the same period last year, showing a slight increase of 0.9%, totaling EUR 1.54 billion. Meanwhile, Spanish furniture imports have risen by 3.4% during the first half...
European Associations Call for Delay in EUDR Implementation
BELGIUM - On September 25, 2024, 29 European associations, including the European Panel Federation (EPF), the European Confederation of Woodworking Industries (CEI-Bois), and the European Timber Trade Federation, released a joint statement urging a delay in the...
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