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Ingka and Green14 Colaborate in Sustainable Silicon Production
SWEDEN – Ingka Investments, the investment arm of Ingka Group—the world’s largest Ikea retailer—has committed EUR 2 million to Swedish innovation company Green14, aiming to support more sustainable silicon production and secure critical raw materials for a renewable...
Egger Reaches Sustainability Milestones in EcoVadis and ISS ESG Ratings
AUSTRIA – The Egger Group has significantly improved its sustainability performance, earning top honors in two prestigious sustainability ratings. The family-owned wood-based material manufacturer has, for the first time, been awarded the EcoVadis Gold Medal and has...
Cantisa Offers Edgebands for the New Tableros Hispanos Catalogue
SPAIN – Cantisa has introduced a new range of in-stock edgebands and screw covers to complement the updated Tableros Hispanos Catalogue. The updated catalogue features new designs categorized into Woods, Fantasies, Textiles, Solid Colors, Metallics, and Stones. Among...
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%...
Strategic Partnership Between Sonae Arauco and Gutex for Sustainability
PORTUGAL – Sonae Arauco’s Agepan brand has entered a strategic partnership with Gutex, a leading manufacturer of ecological wood fiber insulation materials based in Germany, to enhance its construction solutions portfolio. Under this collaboration, Gutex will produce...
Hettich to End Logistics Operations at Vlotho Site
GERMANY – Hettich, one of the worlds largest furniture hardware manufacturers, has announced plans to discontinue logistics operations at its Vlotho, Germany site by 2026/27. The company is in talks with external logistics providers to find a new solution in the OWL...
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...
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...
Häfele Achieves EUR 1.74 Billion in Sales for 2024
GERMANY – The Häfele Group, one of the main global furniture hardware suppliers, recorded sales of EUR 1.74 billion for the 2024 fiscal year, marking a 1.5% increase, or 2.7% when adjusted for currency effects. Foreign sales accounted for 82% of total revenue....
Peru’s Wooden Furniture Imports Soar 47.6% in 2024
PERU – Peru’s wooden furniture imports saw significant growth in 2024, reaching a total value of USD 57.62 million, a 47.6% increase compared to 2023 (USD 39.04 million). Key sources of these imports include Brazil, China and Spain. Brazil remains the leading supplier...
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...
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...
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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....
Eduardo Cosentino Appointed Chairman of NKBA Board
USA – Eduardo Cosentino, EVP of Cosentino Group and CEO of Cosentino Americas, will become the new Chairman of the National Kitchen and Bath Association (NKBA) Board of Directors on January 1, 2025. He succeeds Ken Williams, President of Caesarstone Canada, who will...
Slight Drop in Peruvian Particleboard Imports in 10M-2024
PERU - Peru’s particleboard/MDP imports from January to October 2024 (10M-2024) saw a modest overall decline of 2.6%, with total imports falling from USD 121.01 million in 10M-2023 to USD 117.92 million in 10M-2024. Among the countries of origin, Ecuador experienced a...
Spanish Furniture Exports Grow 1.9% in 9M-2024
SPAIN - The National Association of Furniture Manufacturers and Exporters of Spain (ANIEME) has published the report on the foreign trade results of the Spanish furniture sector for the period from January to September 2024. During these nine months, international...
Google Unveils First Mass Timber Office in California
USA - Google has unveiled its first office building constructed using mass timber, located at 1265 Borregas in Sunnyvale, California. The five-story building, designed with sustainability in mind, is expected to reduce carbon emissions by 96% compared to a traditional...
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