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Surteco sales and earnings on course in 1st Half 2024
GERMANY – In the first half of 2024, Surteco Group’s, sales increased by 4% to EUR 447.6 million, up from EUR 428.8 million last year, despite challenging conditions.
Forte Sales Down 5% in 1Q-2024/25
POLAND – The Polish RTA furniture manufacturer Forte, one of the largest in Europe, reported consolidated revenues of €58.32 million (PLN 251 million) for the first quarter (1 April – 30 June) of the 2024/25 financial year (1Q-2024/25), a 5% decrease from the previous year.
Novopan Reveals USD 14 Million Sustainable Energy Investment Plan
ECUADOR – Novopan, a leading Ecuadorian manufacturer of wooden panels, recently hosted a visit from Minister of Production Sonsoles García and her team as part of a six-year investment contract.
All Set For 13th Edition of the European Wood-based Panel Symposium
GERMANY – The 13th European Wood-based Panel Symposium will take place on 9 – 11 October 2024, at the at the Grand Elysée Hotel in Hamburg.
Valmet Finalizes Acquisition of Demuth in Brazil
Difficult 2Q-2024 for Proteak
MEXICO – Proteak, Mexico’s largest forestry company, reported its results for the second quarter of 2024 (2Q-2024).
Sodimac Opens its 33rd Store in Perú
PERU – Sodimac, the home improvement and construction solutions chain, has announced the opening of a newly converted store.
Weyerhaeuser Acquiring High-Quality Timberlands
USA – Weyerhaeuser, one of the world’s largest private owners of timberlands, has acquired 84,300 acres of premium timberlands in Alabama for $244 million.
Peru’s Particleboard Imports Decline in First Half 2024
PERU – In the first half of 2024 (6M-2024), Peru experienced a notable decrease in its imports of particleboard / MDP, with total import values falling by 16.9% compared to the same period in 2023.
Kleiberit do Brasil Recognized for Sustainable Business Culture
BRAZIL – Following four days of intense networking and business activities from June 30th to July 3rd, 2024, the 10th edition of ForMóbile 2024 concluded, solidifying its status as a leading event in South America and a crucial platform for sector companies like Kleiberit.
Wilsonart Gains USDA Biobased Product Certification
USA – Wilsonart, a global leader in decorative surfaces, has earned the USDA (U.S. Department of Agriculture) Certified Biobased Product Label for its High Pressure Laminate (HPL), which contains 70% biobased content derived from renewable natural resources.
HOMAG Treff 2024 Set for September 24 to 27
GERMANY – This year, the well-known Homag Treff event returns to two locations in southern Germany: Schopfloch and Holzbronn.
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The Future of Wood Processing at LIGNA.Campus
GERMANY – Research and development, as well as education and training, are indispensable on the road to a more sustainable and productive future for woodworking and wood processing.
Strong Increase in Brazilian Particleboard Exports
BRAZIL – The value of Brazilian exports of particleboard (PB / MDP) reached USD 8.39 million in January 2023.
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.
2022: A Challenging Year for the Laminate Flooring Industry
BELGIUM – After a series of successful years, the market of laminate floorings suffered in 2022.
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.
Spanish Furniture Exports grew 13% in 2022
SPAIN – According to data provided by Estacom, from January to December 2022 Spanish furniture exports show an increase of 13%, exceeding 2,954 million euros.
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