Headlines
Latin America’s Wooden Furniture Imports Up by 34% in 6M-2024
COLOMBIA - In the first half of 2024, wooden furniture imports in Latin America reached a total of USD 368.49 million, marking a significant growth of 34% compared to USD 274.97 million in the same period of 2023. Mexico led the region with the highest import value at...
Unilin Invests EUR 20 Million to Initiate Industrial MDF Recycling
BELGIUM - Unilin is investing EUR 20 million to launch industrial-scale MDF recycling at its Bazeilles, France, facility. Previously, MDF items like decorative panels and flooring were incinerated due to the glue binding the wood fibers, which posed a recycling...
Hawa Sliding Solutions Expands with Klein Acquisition
SWITZERLAND - On October 15, 2024, Hawa Sliding Solutions AG acquired the Klein group, headquartered in Barcelona, Spain. Both companies are leaders in the sliding door solutions market, and this acquisition strengthens Hawa's global position. Founded in 1931, Klein...
Egger Plans Major Investment for New Plant in Germany
AUSTRIA - The Egger Group, headquartered in St. Johann in Tirol, Austria, is embarking on significant investment plans for its new plant in Markt Bibart, Germany, which became part of the group in November 2023. With over EUR 200 million allocated for projects by...
Aglomerados Cotopaxi Boosts Energy Autonomy with New Generators
ECUADOR - In response to energy challenges in Ecuador, Aglomerados Cotopaxi has implemented an advanced self-generation system that covers 45% of its daily power needs, enhancing operational continuity and sustainability. In July, the company imported state-of-the-art...
More Than 93% of interzum 2025 is Booked
GERMANY - Interzum 2025 is already over 93% booked, emphasizing its status as the premier trade fair for furniture production and interior design. Scheduled to take place from May 20-23 in Cologne, this year’s event is witnessing robust international demand, with...
Ingka Group Completes Full Acquisition of Ikano Bank AB
NETHERLANDS - Ingka Group, the largest retailer of Ikea, has successfully completed the full acquisition of Ikano Bank AB after receiving all necessary regulatory approvals. This acquisition makes Ingka Group the sole owner of Ikano Bank, allowing it to enhance its...
Madecentro Announces Exclusive Alliance with Kronospan
COLOMBIA - Madecentro, a leading company in Colombia's wood and furniture industry, has announced an alliance with Kronospan, the top global manufacturer of melamine boards. Starting October 22, Kronospan's products will be exclusively available at Madecentro's 222...
Brazil: MDF/HDF production capacity exceeds 8 million cubic meters
BRAZIL - In 2023, Brazil's installed production capacity for medium-density fiberboard (MDF) and high-density fiberboard (HDF) reached a total of 8,055,000 cubic meters across 22 production lines. This capacity underscores Brazil's importance in the global wood-based...
Leadership Transition at Schattdecor North America
USA - With the announcement of Flavio Nunes’ return to Brazil, CEO since 2015, a new team of directors will assume management of the North American unit effective October 14, 2024 The board, which will be shared between David Sheehan, CEO (Sales, Design, Marketing and...
Hettich’s Innovative Fitting Recognized in Japan
GERMANY - Hettich's FurnSpin turn-and-swivel fitting has won the "Good Design Award 2024" from the Japan Institute of Design Promotion (JDP). This is the seventh time Hettich has received this award since 2014. The "Good Design Award" is Japan's premier...
Neodecortech Recognized Among Best Managed Companies in Italy
ITALY - Neodecortech, based in Filago and a producer of decorative papers for wooden panels and flooring for interior design, has been recognized as one of the winners of the 2024 Best Managed Companies Award. This award is promoted by Deloitte Private, in...
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The EU Commission Probes Possible Anti-dumping Evasion on Russian Birch Plywood
BELGIUM – The European Commission has launched an official probe into potential evasion of EU anti-dumping rules by Russian birch plywood producers and traders.
Brazilian Wood-Based Panel Consumption and Exports Down in 6M-2023
BRAZIL – As reported by IBA (Brazilian Tree Industry), in the second quarter of 2023 (2Q-2023) the consumption of wood-based panels (PB/MDP, MDF/HDF and Hardboard) in Brazil reached 1.72 million m3, a slight drop of 1.4 percent compared to the 1.74 million m3 reached in 2Q-2022.
Brazilian Furniture Exports Down 18.5% in First Half 2023
BRAZIL – Brazilian wood furniture exports witnessed a significant decline of 18.5% in the first half of 2023 (6M-2023), reaching a value of USD 272.33 million compared to USD 334.18 million in 6M-2022.
European Union Extends anti-dumping measures on Chinese Okoumé Plywood
BELGIUM – These measures were recently renewed on June 13, 2023. Originally introduced in 2004, these duties were slated to expire after a five-year period.
Wooden Panel Innovation Under the Spotlight at International Symposium
WALES – This prominent technical conference serves as a premier platform for exploring wood-based panel research and innovation, drawing participants from around the globe.
German Furniture Industry Sales to Drop 5 to 7 percent in 2023
GERMANY – The German furniture industry faces major demand challenges, reported Jan Kurth, Managing Director of the German Furniture Industry Association.
Plywood from Vietnam Ruled as a Product of China, Duties Imposed
USA – The US Department of Commerce issued its final determination that hardwood plywood exported from Vietnam using hardwood plywood inputs sourced from China is, in fact, a product of China.
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