Headlines
Homag in Strategic Partnership with Luli Wood Industry
CHINA – In the final quarter of 2023, the German-based company Homag, a leading provider of integrated solutions for the woodworking industry, secured a substantial order from China’s Luli Wood Industry.
Weinig to Manufacture Three Stähle-Hess Machinery Models
GERMANY – Prior to Holz-Handwerk 2024, Weinig signed a contract to take over the grinding machine program of Stähle-Hess GmbH.
Egger Group Acquires Majority Stake in Italian Recycling Company Cartfer Urbania S.r.l.
ITALY – The Egger Group has secured a 60% ownership in Cartfer Urbania S.r.l., a leading recycling company situated in Urbania, Italy, at the core of the Italian furniture industry.
Tropical Forest Deforestation Decreased in 2023
USA – In 2023, tropical forest conservation saw positive developments as deforestation rates declined, with Brazil and Colombia achieving significant reductions in primary forest loss.
Francisco Ruiz-Tagle Named International CEO of the Year
TURKEY – Francisco Ruiz-Tagle, CEO of CMPC, was named International CEO of the Year at the Fastmarkets Forest Products PPI Awards 2024, held in Istanbul, Turkey.
CIFF Guangzhou 2024, Exhibitor and Visitor Records
CHINA – In March 2024, CIFF Guangzhou achieved a remarkable milestone, boasting its highest number of exhibitors and visitors to date.
Arauco Receives Approval of Science Based Targets
CHILE -The renowned Science Based Targets (SBTi) initiative – which seeks to commit companies to reducing their greenhouse gas (GHG) emissions and thus reducing their impact on the environment – analyzed and validated Arauco’s commitments to limit the global temperature increase to 1.5ºC.
SCM Group Ranks Among Top Ten Italian Companies for Patents
ITALY – In 2023, Scm Group emerged as one of the leading Italian companies in patent applications, as revealed by data from the Epo Patent Index compiled by the European Patent Office and reported by Milano Finanza.
Schattdecor Reveals Management Board Modifications
GERMANY – The Management Board and Supervisory Board of Schattdecor SE announce significant personnel adjustments within the Management Board.
CSIL Publishes The Furniture Industry in India
ITALY – The Indian furniture market, valued at USD 20 billion according to CSIL, has maintained an average annual growth rate of 6% over the past decade.
Hafele Opens Subsidiary in Cambodia
GERMANY – For a decade, Häfele has operated in Cambodia, leveraging its expanding tourism and middle-class population. In early 2024, the company expanded into Phnom Penh.
Excellent Early Registration Figures for interzum 2025
GERMANY – The early booking phase for exhibitors at interzum 2025 concluded at the end of February with outstanding results.
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Brazilian Wood-Based Panel Consumption and Exports Down in 6M-2023
BRAZIL – As reported by IBA (Brazilian Tree Industry), in the second quarter of 2023 (2Q-2023) the consumption of wood-based panels (PB/MDP, MDF/HDF and Hardboard) in Brazil reached 1.72 million m3, a slight drop of 1.4 percent compared to the 1.74 million m3 reached in 2Q-2022.
Brazilian Furniture Exports Down 18.5% in First Half 2023
BRAZIL – Brazilian wood furniture exports witnessed a significant decline of 18.5% in the first half of 2023 (6M-2023), reaching a value of USD 272.33 million compared to USD 334.18 million in 6M-2022.
European Union Extends anti-dumping measures on Chinese Okoumé Plywood
BELGIUM – These measures were recently renewed on June 13, 2023. Originally introduced in 2004, these duties were slated to expire after a five-year period.
Wooden Panel Innovation Under the Spotlight at International Symposium
WALES – This prominent technical conference serves as a premier platform for exploring wood-based panel research and innovation, drawing participants from around the globe.
German Furniture Industry Sales to Drop 5 to 7 percent in 2023
GERMANY – The German furniture industry faces major demand challenges, reported Jan Kurth, Managing Director of the German Furniture Industry Association.
Plywood from Vietnam Ruled as a Product of China, Duties Imposed
USA – The US Department of Commerce issued its final determination that hardwood plywood exported from Vietnam using hardwood plywood inputs sourced from China is, in fact, a product of China.
18th Edition of Top Mobile Awards in Brazil
BRAZIL – The Top Mobile 2023 award winners were announced on July 18. Top Móbile is an annual award for top of mind brands in Brazil.
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