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Promart Opens its Second Store in Ecuador
ECUADOR - Promart Homecenter, the leading Peruvian home improvement chain, has opened its second store in Ecuador, located in Quito. Inaugurated on December 11, 2024, this new location strengthens the brand’s presence in Ecuador, following its first store opening in...
Dieffenbacher Names Michael Rupp as Head of Recycling Division
GERMANY – Michael Rupp has been appointed Head of the Recycling Business Unit at Dieffenbacher, effective December 1, 2024. He will lead the company’s waste wood recycling, waste-to-product solutions, and the development of fuel processing, with a focus on fluidized...
Vietnam’s Forest Product Exports Set to Reach Record USD 17.3 Billion in 2024
VIETNAM - In 2024, Vietnam's export turnover of forest products is expected to reach a historic high of USD 17.3 billion, with wood and wood products contributing USD 16.3 billion. The trade surplus from these exports is projected to be USD 14.4 billion. In December...
Sarah Kutulakos Named First FSC Regional Director for North America
USA - The Forest Stewardship Council (FSC) is pleased to announce Sarah Kutulakos as the first Regional Director for North America, effective January 1, 2025. This appointment marks a key step in FSC's expansion and reinforces its mission to promote responsible forest...
Pfleiderer Reinforces its Commitment to Diversity
GERMANY - As part of the ongoing development of its ESG (Environmental, Social, and Governance) initiatives, Pfleiderer, one of the main wooden panel manufacturers in Germany, has signed the Diversity Charter, further committing to a respectful and prejudice-free work...
Koskisen’s Strategic Investment in Plywood Industry
FINLAND - Koskisen has announced a new investment program to enhance plywood production at its plant in Järvelä. The program will run until 2027, with an initial phase of EUR 12 million planned for 2025. “We are focusing our investments on the Panel Industry,...
SCM Presents Edgebanding Innovations for Doors
ITALY – SCM Group recently hosted the Flexible Edgebanding for Doors event in Thiene, Italy, on December 6th-7th, bringing together industry professionals to explore the latest advancements in the manufacturing sector. The event showcased SCM’s advanced door...
Lithuanian Furniture Maker Invests USD 70 million in New US Plant
LITHUANIA - SBA Home, a Lithuanian furniture manufacturer, will invest over USD 70 million to establish its first North American production facility in Mocksville, North Carolina, creating more than 200 jobs in Davie County. Part of the SBA Grupe UAB conglomerate, the...
Egger Reports Stable Performance Amid Uncertainty
AUSTRIA – The Egger Group, one of the largest wooden panel manufacturers in the world, based in St. Johann in Tirol, Austria, closed the first half of its 2024/2025 financial year with consolidated sales of EUR 2.1 billion, reflecting a slight decrease of 0.2%...
Imports Make up 7% of U.S. Construction Materials
USA – In 2023, the U.S. residential construction sector imported USD 13 billion in materials, representing 7% of the USD 184 billion spent on materials for new single-family and multifamily housing, according to the National Association of Home Builders (NAHB). The...
Koelnmesse is Revamping its Furniture and Interior Design Events
GERMANY - Koelnmesse, a global leader in trade fair organization, is revamping its furniture and interior design events to better meet market demands. Starting in January 2026, imm cologne will focus annually on the consumer market with a streamlined, targeted...
Global Wood & Paper Trade Drops 12% in 2023
USA - Global trade in wood and paper products dropped by 12% in 2023, according to the FAO's Global Forest Products Facts and Figures 2023. Exports fell by $64 billion to $482 billion, still above pre-2021 levels, but indicating lower prices amid an economic slowdown....
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Colombian Imports of Decor Paper Down 29.6% in 9M-2023
COLOMBIA – The value of Colombian imports of decorative papers for panel and laminate surfaces reached USD 10.63 million in the January-September 2023 period (9M-2023).
LIGNA with New Dates From 2027 Onwards
GERMANY – From 2027, LIGNA will undergo a strategic shift in its schedule.
CSIL Publishes Report on The World Market for Height Adjustable Tables
ITALY – The recently released CSIL Report titled ‘The World Market for Height Adjustable Tables (HAT)’ is now accessible.
Slight Increase in Chilean Particleboard Exports in 9M-2023
CHILE – Chile experienced a marginal 1.8% increase in particleboard (PB/MDP) exports during the first nine months of 2023 (9M-2023), totaling USD 79.55 million compared to USD 78.13 million in the corresponding period of 2022.
Ingka’s EUR 7.5 billion Commitment to Support the Transition to a Renewable Future
NETHERLANDS – Ingka Investments, the investments arm of Ingka Group, the largest Ikea retailer, commits to an additional EUR 1 billion for investments in innovation and transitional technologies, bringing its total commitment to the renewable energy sector to EUR 7.5 billion by 2030.
Spanish Particleboard Exports Up 5.6% in 9M-2023
SPAIN – The value of Spanish particleboard (PB / MDP) exports reached USD 366.04 million in the first nine months of 2023 (9M-2023), registering an increase of USD 19.40 million or 5.6% compared to 9M-2022 (USD 346.63 million).
interzum Forum Italy, a new trade fair event in Bergamo
ITALY – More than 290 Italian companies played a crucial role in the global success of interzum 2023, featuring 1,600 exhibitors.
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