Headlines
Eucatex Publishes 2023 Results
BRAZIL – Eucatex, one of Brazil’s leading manufacturers of wooden panels released its financial results for the fourth quarter of 2023 (4Q-2023) and the full year 2023.
Slight Decrease of Ecuadorian Particleboard Exports in 2M-2024
ECUADOR – In the first two months of 2024 (2M-2024), Ecuador’s particleboard exports (PB/MDP) amounted to USD 34.08 million, marking a slight decrease of 0.8% compared to the same period last year (2M-2023: USD 34.37 million).
Russell Plywood Acquired by Würth Baer
USA – Würth Baer Supply Company announced the acquisition of Russell Plywood, based in Reading, Pennsylvania, with an additional site in Wilmington, Delaware.
Dorel Announces 4Q-2023 Results and Restructuring Plan
CANADA – Dorel Industries, a well-known Canadian manufacturer of home and children’s furniture, has announced a significant restructuring plan following its fourth-quarter earnings report.
Dieffenbacher Supplies MDF Plant to Thailand
THAILAND – Thai MDF producer Wisewoods Co. Ltd. has commissioned Dieffenbacher to supply a Cebro MDF plant to expand its production capacity at the company’s headquarters in Khao Yoi in the province of Phetchaburi.
Rehau Opens Edgeband Design Centre in Vadodara
INDIA – Rehau, a global leader in polymer solutions, recently unveiled its Edgeband Design Centre in Vadodara, Gujarat.
Sonae Arauco Joins the European Commission’s Forest-based Bioeconomy Dialogue
BELGIUM – Rui Correia, CEO of Sonae Arauco, joined the Forest-based Bioeconomy Dialogue initiated by the European Commission’s Executive Vice-President, Maroš Šefčovič, in Brussels.
Dürr Group Obtains Prestigious Platinum Medal in EcoVadis Evaluation
GERMANY – For the first time, the Dürr Group has been awarded the highest honor, a platinum medal, in the EcoVadis sustainability assessment, placing the engineering firm among the top 1% of rated companies.
Revego by Blum: Elevating Pocket Door Innovation
AUSTRIA – Blum introduces Revego, an innovative pocket door system that revolutionizes space utilization.
Roseburg Closes Montana Particleboard Plant Permanently
USA – Roseburg Forest Products announced the permanent closure of its Missoula, Montana, particleboard plant on May 22, 2024.
Threespine Gains Popularity Among US Kitchen Manufacturers
USA – Interest in Välinge Innovation’s Threespine Click Furniture Technology is surging, evidenced by new Vietnamese licensees signing up to produce kitchen cabinets for the American market.
Jowat Opens Modern Adhesive Center in China
GERMANY – Jowat is venturing into China’s adhesive market with the opening of a new factory.
Videos
Current
Panamanian Wood Furniture imports Down 5.6% in 5M-2023
PANAMA – The value of Panama’s wood furniture imports in the first 5 months of 2023 (5M-2023) fell 5.6 percent from USD 20.46 million in 5M-2022 to USD 19.32 million in 5M-2023.
Chilean plywood exports fall 24.4% in 4M-2023
CHILE – The value of Chilean plywood exports in the first four months of 2023 (4M-2023) was USD 129.61 million.
Ecuadorian Particleboard Exports Resume Positive Trend
ECUADOR – The value of Ecuadorian particleboard exports (PB/MDP) in May 2023 was USD 16.96 million, representing an improvement of 12.9 percent compared to the same month of 2022 (USD 15.01 million).
European Industries Invest Heavily in Robotics
GERMANY – Industrial robots in Europe are on the rise: The European Union´s (EU) 27 member states installed almost 72,000 units in 2022 – up 6% year-on-year. According to preliminary results, presented by the International Federation of Robotics (IFR).
Sales of leading Colombian furniture manufacturers up 10.5% in 2022
COLOMBIA – Sales of the top 12 Colombian furniture manufacturers totaled COP 955.1 billion in 2022, which compares to COP 864.7 billion in 2021. This represented a growth of 10.5 percent.
Brazilian Furniture Exports to Latam Down 6.4% in 5M-2023
BRAZIL – The value of Brazilian wood furniture exports to the Latin American region reached USD 73.78 million in the first five months of 2023 (5M-2023).
Spanish Particleboard Exports Improve 25.9% in 4M-2023
SPAIN – The value of Spanish particleboard exports (PB / MDP) reached USD 179.19 million in the first four months of 2023 (4M-2023).
People
