Headlines
Rev-A-Shelf Becomes Global Distributor for InnovaShelf
USA – Rev-A-Shelf, a leader in kitchen storage and organization, has announced a strategic partnership with InnovaShelf, a respected manufacturer known for its innovative shelving hardware. Under this agreement, Rev-A-Shelf will become the exclusive worldwide...
Lowe’s Acquires Artisan Design for USD 1.3 Billion
USA – U.S. home improvement retailer Lowe’s has agreed to acquire Artisan Design Group (ADG) from The Sterling Groupfor USD 1.3 billion, expanding its professional customer offerings. Headquartered in Dallas, Texas, ADG...
Italian Wooden Panel Manufacturers Profitable Despite Challenges
ITALY – The latest financial data available for Italy's top wood-based panel companies (2023) reveals a year of mixed results. According to Acimall studies office, many companies faced revenue declines, though some managed to remain profitable. Media Profili, the...
Arauco Starts Sucuriú Project in Brazil
BRAZIL – Arauco has officially launched its Sucuriú Project with the groundbreaking ceremony of a new pulp plant in Inocência, Mato Grosso do Sul. This marks the start of the largest investment in the company’s history, valued at USD 4.6 billion. Once...
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...
MDF Manufacturer Teams Up with Andritz to Boost Fiber Quality
INDIA – Metro Decorative Pvt. Ltd. has successfully commissioned a new pressurized refining system supplied by international technology group Andritz at its medium-density fiberboard (MDF) production facility in Kashipur, Uttarakhand. The new line has already produced...
Interprint USA Names New CEO
USA – Interprint USA has announced key leadership changes. Bill Hines Jr., the current Managing Director, will step down and take on an advisory role starting June 1, 2025. Manoj Vengalil, who has been with the company since 2003, has been promoted to CEO. Vengalil,...
SCM Group Among Italian Companies with Highest Number of Patents
ITALY – SCM Group, a global leader in processing technologies, has secured its place among the top 15 Italian companies for patent applications in 2024, as revealed by the European Patent Office’s (EPO) Patent Index and reported by Corriere.it. Marco Mancini, CEO...
Biesse Unveils a New Approach to Machinery Functionality
ITALY – Biesse, a global leader in machinery for processing wood, stone, and glass, has launched an updated product lineup designed to enhance performance across all materials. The new machinery introduces improved functionality, a simplified Human-Machine Interface...
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...
Mexico’s Particleboard Imports Up 13.7% in 2024
MEXICO – Mexico’s imports of particleboard have increased by 13.7% in 2024, reaching a total value of USD 120.03 million, up from USD 105.60 million in 2023. This growth is driven by a rise in imports from several key suppliers. Chile remains Mexico’s largest...
Kronospan Strengthens Supply Chain with New Cargo Ship
AUSTRIA – Kronospan has acquired the m/v Spanaco Star (IMO 9071557), a fully box open hatch gantry craned handymax cargo vessel, as part of a strategic move to secure reliable and cost-effective transoceanic transport for its wood-based panels and lumber....
Current
Difficult 2Q-2024 for Proteak
MEXICO – Proteak, Mexico’s largest forestry company, reported its results for the second quarter of 2024 (2Q-2024).
Weyerhaeuser Acquiring High-Quality Timberlands
USA – Weyerhaeuser, one of the world’s largest private owners of timberlands, has acquired 84,300 acres of premium timberlands in Alabama for $244 million.
New Catas Website Ensures Authenticity of Test Reports
ITALY – Certification body Catas has launched verify.catas.com to combat the misuse of its name through fraudulent or altered test reports.
Central America Sees Significant Growth in Wooden Furniture Imports
CENTRAL AMERICA – During the first four months of 2024, Central America experienced robust growth in the importation of wooden furniture, reflecting a strong demand for these products across the region.
Strong Increase of Brazilian Particleboard Exports in 5M-2024
BRAZIL – Brazil’s exports of Particleboard / MDP (Medium Density Particleboard) from January to May 2024 showed significant growth compared to the same period in 2023.
New FSC Forest Stewardship Standard for Peru
PERU – FSC is pleased to announce the official publication of the new FSC Forest Stewardship Standard for Peru, which covers all categories of Management Units in natural forests and plantations, including small and low intensity managed forests, as well as Non-Timber Forest Products.
Henkel Achieves Renewable Energy Goal in Middle East and Africa
GERMANY – Henkel Adhesive Technologies, a global leader for adhesives, sealants, and functional coatings, has achieved a major sustainability milestone: all of its manufacturing sites in the Middle East and Africa (MEA) now operate on 100% renewable electricity.
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