Headlines
Biesse Presents The 2023 Sustainability Report
ITALY – Biesse, a global leader in the production of integrated lines and machines for processing wood, has unveiled its 2023 Sustainability Report, a comprehensive overview highlighting achievements in environmental, social, and governance (ESG) goals.
Kastamonu Entegre Invests EUR 70 Million in Renewable Energy
TURKEY – Kastamonu Entegre, a global leader in wood-based panels, is enhancing sustainability with substantial investments in renewable energy.
Mekong New MDF Plant Produces First Board
VIETNAM – On June 3rd, Mekong Wood MDF Joint Stock Company achieved a significant milestone by producing its first board at its new facility in Cam Khe district, Phu Tho province.
Hiteco Inaugurates a New Facility to Enhance Productivity
ITALY – Hiteco, an SCM Group company specializing in high-tech mechatronic components for machine tools, recently inaugurated its new facility in Rimini, Italy.
Jowat Forum on “Adhesives and Construction” Attracts 120 Participants
GERMANY – The Jowat Forum 2024, held on June 18th in Detmold, was a resounding success, attracting 120 participants and featuring 10 inspiring speakers from various sectors of the construction and adhesive industries.
Eletrobras and Suzano Join forces to Develop Sustainable Fuels
BRAZIL – Eletrobras, the largest energy company in Latin America, and Suzano, the world’s leading pulp producer, have announced a partnership aimed at exploring sustainable solutions such as green hydrogen and synthetic fuels.
Arauco Will Produce OSB at Trupan Complex with USD 92 Million Investment
CHILE – In a recent extraordinary session, the board of directors of Maderas Arauco S.A. approved plans to establish and operate an oriented strand board (OSB) manufacturing line within the Trupán Complex.
Kronospan Luxembourg starts production of particleboard using 100% recycled wood
LUXEMBOURG – Kronospan Luxembourg S.A. recently announced the successful production of its inaugural panel of particleboard (PB) crafted entirely from 100% recycled wood.
Italian Wood Processing Technology Exports Down 6.1% in 1Q-2024
ITALY – Acimall, the Italian association for woodworking machinery and technologies, has released data indicating that exports totaled EUR 379.4 million in the first quarter of this year, marking a 6.1% decline compared to the same period in 2023.
Brazilian Furniture Exports to South America Up 10.5% in first 5M-2024
BRAZIL – In the first five months of 2024 (5M-2024), Brazilian wooden furniture exports totaled USD 65.71 million, marking a 10.5% improvement from the same period in 2023 (5M-2023: USD 59.47 million).
Dieffenbacher Restructures in Latin America
BRAZIL – German machine and plant manufacturer Dieffenbacher is restructuring its Wood business unit in Latin America, effective July 1, 2024.
Scm Group Acquires Tecno Logica
ITALY – Scm Group, a leading multinational in technologies for machining wood and other materials, recently signed an agreement with Tecno Logica to take over control of its share capital.
Market News
German furniture Exports Down by Almost 9% in 1Q-2024
GERMANY – In the first quarter of this year, the German furniture industry saw a decline in its export business. According to preliminary data from the Federal Statistical Office, furniture exports fell by nearly 9 percent to approximately EUR 2 billion.
Interzum Forum Italy Attracts 200 Exhibitors from 23 Nations
ITALY – The premiere interzum forum italy will take place in Bergamo on June 6-7, 2024, with the participation of 200 exhibitors from 23 countries and more than 30 conferences with 60 speakers from Italy and around the world.
Chilean Particleboard Exports Rise in 1Q-2024
CHILE – Chilean exports of particleboards (PB/MDP) reached USD 23.88 million in the first quarter of 2024 (1Q-2024), marking a 5.1% increase from USD 22.72 million in 1Q-2023.
Ecuadorian Decor Paper Imports Down in 1Q-2024
ECUADOR – In the first quarter of 2024 (1Q-2024), Ecuador imported decorative papers for wood panel surfaces amounting to USD 7.27 million, down by 14.3% from the same period last year (1Q-2023: USD 8.48 million).
Sicam Registrations are Open
ITALY – Sicam recently announced the opening of registrations for its upcoming edition, showcasing semi-finished products, supplies, and furniture accessories.
Succesfull 40th Edition of FIMMA-Maderalia
SPAIN – The 40th edition of FIMMA + Maderalia in Spain concluded with great success, marking a significant milestone for the country’s wood industry.
Arbonia Acquires the Spanish Market Leader for Doors
SWITZERLAND – Arbonia is expanding its presence in Europe’s interior and special door markets through acquisitions.