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Masisa Achieves Full Compliance with Clean Production Agreement
CHILE - Masisa, a global leader in wood panels for architecture and interior design, has successfully met all the sustainability targets outlined in the Clean Production Agreement (APL) “Transition to the Circular Economy.” This significant achievement highlights the...
Tariffs Could Raise U.S. Home Building Costs by up to USD 4 billion
USA – The National Association of Home Builders (NAHB) has highlighted that the ongoing shortage and significant rise in building material costs, from softwood lumber to distribution transformers, are driving up home construction expenses and harming housing...
Panama Sees 40.1% Increase in Particleboard Imports in 2024
PANAMA - Panama's particleboard / MDP imports saw a significant rise in 2024, with total imports reaching USD 14.99 million, up 40.1% from USD 10.70 million in 2023. Ecuador remained the largest supplier country, accounting for USD 5.14 million in 2024, a 16.2%...
Catas Appoints Paolo Tirelli as New Managing Director
ITALY – Paolo Tirelli, a mechanical engineer with over 20 years of experience at Catas, has been appointed the new managing director of the leading European testing laboratory for the wood and furniture industry. Tirelli, who previously headed the Mechanical Testing...
Siempelkamp Among Czech Republic’s Top 100 Companies
CZECH REPUBLIC - Siempelkamp CZ in Blatnice, has been named one of the “Top 100 Companies in the Czech Republic for 2024,” a prestigious recognition awarded to just ten companies in the mechanical engineering sector. The award honors Czech businesses across various...
Top 200 Global Furniture Manufacturers Reach USD 160 billion in Sales
ITALY - The world’s top 200 furniture manufacturers have collectively reached a turnover of approximately USD 160 billion, according to the latest report from CSIL. Between 2019 and 2023, these companies significantly outpaced the broader industry in growth,...
Cencosud Acquires Makro and Basualdo in Argentina
CHILE - Cencosud S.A. , through its Argentine subsidiaries, has signed an agreement to acquire 100% of Supermercados Mayoristas Makro S.A. and Roberto Basualdo S.A. for USD 122.5 million, a price that may be adjusted based on net debt, working capital, and other...
Brazil’s Particleboard Exports Grow 40.4% in 2024
BRAZIL - In 2024, Brazil’s particleboard exports totaled USD 113.38 million, representing a 40.4% increase compared to USD 80.74 million in 2023. This growth was primarily driven by strong performances in key markets such as China and Colombia. China led the way with...
Frederik Meyer Becomes Eumabois President
BELGIUM - Frederik Meyer has been appointed the new president of Eumabois, the European Federation representing woodworking machinery manufacturers. Meyer brings nearly three decades of experience in woodworking technology to his new role. A graduate in Wood...
Slight Increase in Peruvian Particleboard Imports in 2024
PERU - Peru's particleboard / MDP imports from January to December 2024 totaled USD 139.62 million, reflecting a 3.8% increase compared to USD 134.46 million in 2023. This growth was driven by a mix of changes in importer performance and shifts in supply sources....
Significant Recognition for Sonae Arauco in Germany
GERMANY – Sonae Arauco, the international wood-based panel manufacturer with four production sites in Germany, has been awarded the prestigious “hagebau Champion 2024” title in the Carpentry + Joinery Specialist Trade Industry. This honor recognizes the company’s...
MDF Recovery New Member of the Composite Panel Association
USA - MDF Recovery, a leader in innovative recycling solutions for MDF, has officially joined the Composite Panel Association (CPA). This milestone strengthens its position within the global composite panel and decorative surfaces industries. The CPA represents over...
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Peruvian Imports of Particleboard Decline 13.5% in 2023
PERU – Imports of particleboard (PB/MDP) to Peru amounted to a total value of USD 140.11 million in 2023, marking a decline of 13.5% compared to 2022 (USD 161.94 million).
Panamanian Wooden Furniture Imports Decrease Slightly in 2023
PANAMA – The value of Panamanian wooden furniture imports had a slight decrease of 0.7% in 2023. Reaching USD 49.33 million, compared to USD 49.65 million in 2022.
Italian Wood Furniture Industry Down More Than Expected in 2023
ITALY — In its most recent monitor report, FederlegnoArredo, the Italian federation representing woodworking and furniture industries, revealed a significant 8.1 percent decline in turnover within the wood furnishing sector for 2023, totaling EUR 52.6 billion.
Owens Corning to Acquire Masonite for USD 3.9 Billion
USA – Owens Corning, a prominent player in the construction and building materials industry, has made a significant move by announcing its acquisition agreement with Masonite International Corp.
Rev-A-Shelf Acquires Omega National Products
USA – Rev-A-Shelf, known for its cutting-edge home organization and storage solutions, recently announced the acquisition of Omega National Products, a respected leader in wood cabinetry accessories, hoods, and components.
Colombia’s Wooden Furniture Exports Stable in 2023
COLOMBIA – The value of Colombia’s wood furniture exports was stable in 2023 reaching USD 60.10 million. This value represented a small decrease of 1.0% compared to 2022 (USD 60.69 million).
Sicam 2024 Exhibitor List Now Accessible Online
ITALY – The exhibitor directory for Sicam 2024 is now available online, offering a preview ten months ahead of the event scheduled from October 15th to 18th. Easily accessible with a click, this comprehensive list showcases companies participating in the fifteenth edition of the International Fair of Components, Accessories, and Semi-finished Products for the Furniture Industry.
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