Headlines
Biesse Record Performance in 2022
ITALY – The Biesse Group, a world leader in wood processing machinery and technology, reported record results achieved in 2022.
Strong Increase in Brazilian Particleboard Exports
BRAZIL – The value of Brazilian exports of particleboard (PB / MDP) reached USD 8.39 million in January 2023.
Dexco Reports Results for 2022
BRAZIL – Dexco, the largest wooden panel manufacturer in Brazil, ended the year with Sales Revenue slightly up in 2021.
Arauco sales drop 8.5% in 4Q-2022
CHILE – Arauco, one of the largest global wooden panel manufacturers, reported sales revenues of USD 1,594.0 million in the 4Q-2022, a decrease of 8.5% when compared to the 4Q-2021 .
Ecuadorian Particleboard Exports fall 29.3% in January
ECUADOR – Ecuadorian exports of Particleboard / MDP reached USD 13.7 million in January 2023, a fall of 29.3% compared to the same month of the previous year (USD 19.3 million).
Brazilian Wood Panel Consumption down 15.2%.
BRAZIL – As reported by IBA (Brazilian Tree Industry), in 2022 the consumption of wood-based panels (Chipboard/MDP, MDF and Hardboard) in Brazil reached 6.99 million m3, a significant drop of 15.2 percent compared to the 8.25 million m3 reached in 2021.
HNI Corporation to Acquire Kimball International
USA – HNI Corporation and Kimball International, Inc. announced that they have entered into a definitive agreement under which HNI will acquire all the outstanding shares of Kimball International in a cash and stock transaction valued at approximately USD 485 million.
Smartech to Deliver Four Additional Systems to Egger
ISRAEL – Smartech, a pioneering hi-tech company that develops innovative engineered systems to reduce raw materials use, announced that they have received a new order from Egger Group to deliver four additional Smartwax Systems in 2023 with an option for four supplementary systems in 2024.
Nobilia Sales up 11.9% in 2022
GERMANY – With an increase in sales of EUR 177 million, Nobilia, the largest kitchen furniture manufacturer in Europe, once again was able to exceed its previous year’s figures.
2022: A Challenging Year for the Laminate Flooring Industry
BELGIUM – After a series of successful years, the market of laminate floorings suffered in 2022.
Pfleiderer Among Europes ESG Top-Ranked Industrial Companies
GERMANY – In March 2022, Pfleiderer was rated very highly by Sustainalytics as one of the champions in the European building materials industry when it comes to sustainability.
Ikea to Use Bio-based Glue for Reduced Climate Footprint
NETHERLANDS – To reduce the climate footprint of board production, Ikea is switching from fossil-based to bio-based glues.
Videos
Current
Spanish furniture exports increase 33.5%
SPAIN – The National Association of Furniture Manufacturers and Exporters of Spain (ANIEME) has presented the report on the results of foreign trade in the Spanish furniture sector for the period January-September 2021.
Brazilian Wooden Panel Consumption Grows 22.3% in 9M-2021
BRAZIL – As reported by IBA (Brazilian Tree Industry), in the first nine months of 2021 (9M-2021) the consumption of wood-based panels (Chipboard/MDP, MDF and Hardboard) in Brazil reached 6.18 million m3, an increase of 23.0 percent compared to the 5.02 million m3 reached in 9M-2020.
German furniture exports up 17 percent in 9M-2021
GERMANY – In the first nine months of 2021 (9M-2021), German furniture exports had grown by 17 percent to 6.2 billion euros, figures from the Federal Statistical Office show.
Home improvement market grew 13.8% in 2020
BELGIUM – The global home improvement market was up 13.8 per cent in 2020 to an overall volume of EUR 701 billion.
Positive outlook for upcoming edition of FIMMA – Maderalia
SPAIN – FIMMA – Maderalia 2022 is forging ahead. With five months still to go before the fair takes place, from 29th March to 1st April at Feria Valencia, the International Fair for Materials, Technology and Components for Furniture Manufacturing, Interior Design and Contract Projects has already stimulated considerable interest amongst the industries concerned: there has already been strong demand for the exhibition spaces being marketed.
Sharp drop in sales of leading Ecuadorian companies in 2020
ECUADOR – According to the annual ranking of the Top 1000 Ecuadorian companies by sales published by Ekos magazine, the seven companies in the wood and furniture segment that made it into the ranking saw their sales fall by 10.7 percent in 2020, reaching USD 345.4 million compared to USD 386.6 million in 2019.
Brazilian Companies Commit to Fighting Climate Change
BRAZIL – The Brazilian Business Council for Sustainable Development (CEBDS) presented the Ministry of Economy a document titled ‘Entrepreneurs for the Climate’ which was signed by over 100 private sector entities in which they defend a low carbon economy and take responsibility for implementing change.
People
