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Scm Group and Tecnest Seal Strategic Partnership
ITALY – Scm Group, a global leader in material-processing technologies and industrial components, will expand its portfolio to include MES/MOM digital systems—Manufacturing Execution Systems and Manufacturing Operations Management—by integrating Tecnest’s...
Jysk Posts Record Year with EUR 6.2 Billion Revenue
DENMARK – Global furniture retail giant Jysk closed the 2024/25 financial year with record results, driven by strong promotional activity and competitive pricing. Revenue rose 11.8% to nearly EUR 6.2 billion, while EBIT increased nearly 27% to about EUR 748 million....
Kronospan Wins Woody Award for Sustainable Black Line Boards
GERMANY – Kronospan has received the Wood Innovation Award (Woody Award) in the category “Innovation for greater corporate sustainability”, presented by the German Timber Trade Association (GDTR), for its Black Line boards. The award recognizes companies that...
Masisa Narrows Losses as Revenue Declines in 9M-2025
CHILE – Masisa reported USD 212.5 million in revenue for January–September 2025, a 4.1% decline compared with the same period in 2024. The company attributes the decrease to weak market activity in the United States, driven by uncertainty surrounding...
Sonae Arauco Cuts GHG Emissions by 41% Since 2019
NETHERLANDS – Sonae Arauco has released its 2024 Greenhouse Gas (GHG) Emissions Report, confirming a 41% reduction in total emissions since 2019 and a 38% decrease in carbon intensity per cubic meter produced. In 2024, total emissions across Scopes 1, 2...
Scm Wins SMAU Award for Smart Spindle
ITALY – Scm Group has developed a new predictive monitoring system that transforms the electrospindle of its CNC machining centers into an intelligent, sensor-based component capable of reducing costs, preventing failures, and optimizing machine lifecycle...
Pfleiderer Launches New Short-Cycle Press Line
GERMANY – Pfleiderer Deutschland GmbH has officially commissioned its new short-cycle press 7 (KT7) production line in Gütersloh, completing the EUR 15 million project just over a year after construction began. The facility will produce high-quality coated...
Bergamo–Milan Event Duo to Deliver Full Industry Overview
ITALY – The wood-furniture industry is gearing up for an intense June 2026, as the relocation of Xylexpo to Milan-Rho from 9–12 June creates strong synergy with interzum forum italy, set for 4–5 June at the Bergamo Exhibition Centre. The close timing and...
Dieffenbacher Wins NEO2025 Innovation Award
GERMANY – Dieffenbacher has won the 2025 NEO Innovation Award for its AI-driven digitalization platform Evoris. The award was presented on November 21 at the Vollack Group in Karlsruhe, where this year’s focus was on artificial intelligence. Evoris was selected...
Finsa Boosts Efficiency With New Technology
SPAIN – Finsa, a leading Spanish manufacturer of MDF panels for flooring, walls and furniture, has taken a new step in improving the environmental performance of its operations. The company has installed a Valmet Steam Separator C at its Ourense plant,...
Välinge Expands in Asia with New Vietnam Office
SWEDEN – Välinge Innovation has strengthened its presence in Asia-Pacific by opening a new sales and technical support office in Ho Chi Minh City, Vietnam. The move supports the company’s long-term strategy to deepen regional engagement and better...
Kronospan Completes Acquisition of ZG Timber’s Sawmill
ROMANIA – Kronospan, the world’s largest manufacturer of wood-based panels, has officially completed the acquisition of the ZG Timber sawmill in Sebeș, formerly part of the insolvent Ziegler Group, according to local press. The deal secures ongoing...
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Furniture Spending in Spain Jumps 14%
SPAIN – Household spending on furniture and home décor in Spain rose by 14% in 2025 compared with the previous year, reaching an average of EUR 741 per household, according to the Dynamics of Consumption in Spain 2025 report published by the Cetelem...
AWA Launches Update on the Global Fiberboard Market
NETHERLANDS – AWA has announced the forthcoming publication of the Fiberboard Market Report 2025, an updated and comprehensive analysis of the global MDF and particle board industries. Now available for pre-order, the report remains an essential reference...
EU Imposes 5.4% Duty on Brazilian Plywood
BELGIUM – The European Commission has imposed provisional anti-dumping duties of 5.4% on Brazilian softwood plywood imports, aiming to curb a surge of cheaper shipments that have undercut European producers and squeezed margins. The measure, enacted under...
Arauco Advances Transparency by Adopting TNFD Framework
CHILE – Arauco has formally joined the Taskforce on Nature-related Financial Disclosures (TNFD) as part of its ongoing commitment to transparency and sustainability. Through this initiative, the company will report in detail the risks and...
Brazilian Particleboard Exports Down 8.8% in 9M-2025
BRAZIL – Between January and September 2025, Brazil’s particleboard (MDP) exports totaled USD 79.3 million, down 8.8% compared with the same period in 2024, according to customs data. The decline was driven mainly by lower shipments to China and Peru,...
Researchers and Industry Drive Progress in Wood Adhesives
CANADA – The 2025 International Conference on Wood Adhesives (ICWA), organized by the Forest Products Society (FPS), was held at the University of British Columbia, bringing together leading researchers, manufacturers, and professionals from around the...
MasterBrand and American Woodmark Shareholders Approve Merger
USA – MasterBrand, Inc. and American Woodmark Corporation announced that shareholders from both companies have approved their proposed merger during special meetings held earlier today. The final voting results will be detailed in filings with the...
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