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Arauco Reports 11% Revenue Drop in 3Q-2025
CHILE – Arauco posted revenues of USD 1,509.5 million in the third quarter of 2025, an 11% decline compared with the same period in 2024. The company recorded a net loss of USD 0.2 million, reversing USD 230.8 million in profits earned a year earlier,...
Akzo Nobel and Axalta Announce Merger to Form Global Coatings Leader
USA – Akzo Nobel and Axalta have announced a definitive all-stock merger agreement, creating a new global coatings leader with an estimated enterprise value of USD 25 billion and combined annual revenue of USD 17 billion. Under the terms of the deal,...
Siempelkamp Expands Southeast Asia Presence
THAILAND – Siempelkamp has strengthened its footprint in Southeast Asia with the opening of a new office in Bangkok in early 2024, its third location in the region after Singapore (1989) and Kuala Lumpur (2007). T he expansion aims to enhance customer support,...
Egger Announces Leadership Transition as Fritz Egger Steps Down
AUSTRIA – Fritz Egger has retired from his role as Chairman of Egger’s Supervisory Board after celebrating his 75th birthday on November 15. Walter Schiegl, a former member of Egger Group Management and Supervisory Board member since 2022, has been...
Sunds Fibertech Expands Service Partnership with Arauco
SWEDEN – Swedish technology supplier Sunds Fibertech has signed a Service Agreement with Arauco, one of the world’s largest wood-based panel producers. The agreement includes spare parts, equipment upgrades and field service support for Arauco’s Küsters...
Federico Broccoli Named Acimall Vice President
ITALY – Acimall, the Italian association of woodworking and furniture machinery manufacturers, has appointed Federico Broccoli, Chief Commercial Officer at Biesse, as its new Vice President. The board of the association approved the appointment following a proposal...
Dieffenbacher Innovation Recognized for Circular Economy Impact
GERMANY – Dieffenbacher’s newly developed FiberXtractor steam vessel has been awarded second place in the “Circular Economy and Prevention of Environmental Pollution” category at the Baden-Württemberg Environmental Technology Awards, held on November 11,...
Homag Reports Higher Earnings Despite Weak Market in 9M-2025
GERMANY – Homag Group posted a strong increase in earnings during the first nine months of 2025, supported by cost-reduction measures, despite continued weakness in the global furniture industry. Order intake fell 9% to EUR 938 million, reflecting delayed investment...
Novopan Donates 1,000 Trees to Support Reforestation in Quito
ECUADOR – As part of its environmental responsibility strategy, Novopan, Ecuador donated 1,000 Eucalyptus globulus trees to the El Inga Landfill in Quito to support reforestation efforts during the rainy season. The initiative aligns with the company’s...
Eucatex Posts Strong 3Q-2025 Results with Higher Profit and Margin
BRAZIL - Eucatex reported total net revenue of BRL 798.3 million in 3Q-2025, a 3.1% increase compared to BRL 774.4 million in 3Q-2024, according to the company’s quarterly report. For the January–September 2025 period, total sales rose 10.6% year-on-year, totaling BRL...
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...
Arauco’s Mexico Projects Face Delays
MEXICO – The investment projects of Arauco in Mexico continue to face setbacks, with the company confirming new delays in the construction of its MDF/HDF plant and the expansion of impregnation and laminating capacity at the Zitácuaro facility. Although...
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EU Adjusts Deforestation Rule Timeline for Small Businesses
BELGIUM – The European Commission has introduced a proposal to simplify compliance and ensure the full readiness of the IT system required for implementing the EU Deforestation Regulation (EUDR). Under the updated plan, micro and small enterprises...
West Fraser Reports 3Q-2025 Results
USA – International wood-based panels producer West Fraser has reported adjusted EBITDA of USD 144 million for the third quarter of 2025, with sales totaling USD 1.307 billion. The North America engineered wood products division posted USD 15 million...
KBIS 2026 Registration Opens
USA – The Kitchen & Bath Industry Show (KBIS) has officially opened registration for its 2026 edition, set to take place February 17–19, 2026, at the Orange County Convention Center in Orlando, Florida. As North America’s largest trade expo and...
Rayonier and PotlatchDeltic to Merge in USD 7.1 Billion Deal
USA – Rayonier Inc. and PotlatchDeltic Corporation have announced a definitive merger agreement to combine in an all-stock merger of equals, creating one of the largest timberland and wood products companies in North America. Based on October 10,...
Ingka Investments Expands Forest Portfolio with Major Acquisition
NETHERLANDS – Ingka Investments, the investment arm of Ingka Group—the largest Ikea retailer—has agreed to acquire approximately 153,000 hectares of land in Latvia and Estonia from Södra, Sweden’s largest forest owners’ association. About 89% of the land...
FSC Strengthens Global Supply Chain Integrity
BELGIUM – The Forest Stewardship Council (FSC) reaffirmed its commitment to transparency and system integrity following recent discussions about false certification claims. The organization emphasized that open scrutiny is essential to maintaining FSC’s...
Roseburg Exits Hardwood Plywood Market
USA – Roseburg Forest Products has announced the closure of its Dillard Hardwood Plywood facility and its exit from the hardwood plywood market, marking a strategic shift toward a more focused product portfolio with stronger long-term growth...
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