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Proteak’s Sales Fall 13.7% in 1Q-2024
MÉXICO – Proteak, Mexico’s leading forestry company, reported a 13.7% decrease in sales for the first quarter of 2024, with revenue from its MDF and Teak businesses totaling MXN 352 million.
IMA Schelling Debuts Web Site for Factory-Refurbished Machines
USA – IMA Schelling USA simplifies the purchase of used machines with the launch of its new website, usedimaschelling.com, featuring factory-certified refurbished machines.
Ikea Announces the Opening of Second Store in Colombia
COLOMBIA – Ikea, the renowned Swedish multinational that specializes in furniture and home decor, has announced the launch of its second Colombian store.
Ecuador Records 6.9% Fall in Particleboard Exports in 1Q-2024
ECUADOR – In the first quarter of 2024, Ecuador saw a 6.9% decline in its particleboard exports value, totaling USD 49.04 million, down from USD 52.70 million in the same period last year.
Pietro Gheller is the new Director of SCM Wood Division
ITALY – Pietro Gheller, previously Product & Markets Director, is now the Director of SCM Wood Division, taking over from Luigi De Vito, who continues as General Manager.
Garnica to Open Its First Distribution Facility in the U.S
USA – Garnica, a leading global manufacturer of premium, sustainable plywood, announced the opening of its first U.S. warehouse in Savannah, Georgia, in May, as part of its strategy to expand its presence in North America and improve customer service.
Salone del Mobile 2024: Record-Setting Edition
ITALY – The Salone del Mobile.Milano 2024 saw an impressive turnout, with over 1,950 exhibitors from 35 countries.
Dieffenbacher Joins EcoReFibre Research Efforts
GERMANY – In May 2022, Dieffenbacher and 19 organizations from seven countries launched the EcoReFibre project, funded by 12 million euros from the EU, to recycle end-of-life fiberboards.
Masonite Shareholders Approve Acquisition by Owens Corning
USA – Masonite International Corporation has announced that its shareholders have overwhelmingly voted in favor of the proposed acquisition by Owens Corning during a special shareholders meeting.
RoyOMartin Invests USD 30 million to Modernize OSB Manufacturing Plant
USA – Martco, LLC, the parent company of RoyOMartin, is set to invest over USD 30 million in high-tech equipment for its Allen Parish OSB plant, which serves the housing industry.
Ikea Opens its First Distribution Centre in Ireland
IRELAND – Ikea Ireland is celebrating the grand opening of its cutting-edge distribution center in Rathcoole, Co. Dublin, a key step in its expansion across Ireland.
Industry 5.0 Takes Center Stage at Xylexpo 2024
ITALY – From May 21 to 24, 2024, Xylexpo will be held in Halls 1 and 3 of FieraMilano Rho. The biennial event, focused on wood and woodworking machinery, has already attracted more than 260 exhibitors, with a third of them coming from the international scene.
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Thirtieth Anniversary of the CQA-Catas Quality Award
ITALY – Professionals, entrepreneurs, and industry operators from the wood and furniture sector convened at the Catas headquarters in San Giovanni al Natisone to mark the 30th anniversary of the CQA-Catas Quality Award, a prestigious product certification offered by the laboratory.
CIFF Shanghai 2023 Concludes with a Surge in Participation
CHINA – The 52nd China International Furniture Fair (CIFF Shanghai 2023) has successfully concluded, drawing a total of 93,474 professional attendees over four days. This marked a significant increase of 10.44% in overseas participants compared to 2019.
Colombian Particleboard Imports Decline by 13.1% in the First Half of 2023
COLOMBIA – The value of Colombian imports of particleboard (PB/MDP) reached USD 73.32 million in the first half of 2023 (6M-2023), marking a 13.1% decrease compared to 6M-2022 (USD 84.36 million).
Peruvian Particleboard Imports Dip by 14.9% in 6M-2023
PERU – Peruvian imports of particleboard (PB/MDP) were valued at USD 79.56 million during the January-June period of 2023 (6M-2023), representing a 14.9% decline compared to the same period in 2022 (6M-2022: USD 93.51 million).
German kitchen furniture industry expects sales to decline in 2023
GERMANY – German kitchen furniture manufacturers are grappling with dwindling consumer demand.
Ingka Group Welcomes New EU Agreement for Higher Renewable Energy Targets
BELGIUM – Ingka Group welcomes the European Union agreement, now approved by the European Parliament, to increase the target for the share of renewable energy as a part of the energy mix from 32% to 42.5% by 2030, with the possibility of reaching 45%.
Timberpak Opens Modern Recycling Site in Leeds
UNITED KINGDOM – Recycling and reprocessing company, Timberpak Ltd, has unveiled its new site in Leeds, UK, following a multi-million pound investment into the six acre site on Cross Green Industrial Estate.
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