Headlines
Saviola Reaches 74.9% Share of Rheinspan
ITALIA – The Saviola Group takes the majority stake in Rheinspan, a German company specializing in the production of panels for the furniture industry.
Arauco updates reorganization of its Wood Segment
CHILE – In the context of the reorganization of its Wood segment, Arauco informed that on December 16, 2022, Inversiones Arauco Internacional Limitada contributed all of its interests in Arauco do Brasil S.A. and Arauco Argentina S.A. to the international parent entity incorporated in the United Kingdom called “Arauco Wood Limited”.
Ecuadorian Particleboard Exports Up 14.6% in 10M-2022
ECUADOR – The value of Ecuador’s particleboard (PB/MDP) exports reached USD 185.09 million in the first ten months of 2022, representing an increase of 14.6 percent compared to the same period of the previous year (10M-2021: USD 161.53 million).
Masisa Sells all its Assets and Exits Argentina
ARGENTINA – Masisa recently informed that it entered into a share purchase and sale agreement with the Argentine company Proener S.A.U., a subsidiary of the Argentine company Central Puerto S.A.
Garnica’s Genuine Commitment to Reducing its Carbon Footprint
SPAIN – Since Garnica acquired the firm commitment to reduce its carbon footprint, the company has been incorporating in recent years to all its plants the carbon footprint register managed by the Spanish Office for Climate Change.
Egger: Satisfactory Performance at the Half-year Mark
AUSTRIA – The Egger Group, one of the largest global wooden panel manufacturers, headquartered in St. Johann in Tirol (AT), closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated sales of EUR 2.26 billion (+14.0% as compared to the previous year) and an EBITDA of EUR 353.7 million (–26.1% compared to the previous year).
interzum Award is Back in 2023
GERMANY – In the interzum award, the best products of the international supplier industry for furniture and interior design are selected by an international jury of experts.
Suspension of PEFC Russia extended
SWITZERLAND – The PEFC International Board has extended the suspension of the Russian National Voluntary Forest Certification System (FCR), with the national system now suspended indefinitely.
Fortune Brands Completes Separation of MasterBrand
USA – Fortune Brands announced that it has completed its previously announced spin-off of the Cabinets business creating two independent, publicly traded companies.
Prelaunch of Kronospan 2023 Colletion
AUSTRIA – The latest edition of the biggest event of Kronospan – Kronoevent 2022 brought together customers, partners, designers, architects, and professionals from the building and construction industries from almost 70 countries around the globe.
Another Positive Year for Italian Woodworking Technology
ITALY – 2022 is closing with another positive result for the world of machinery, equipment and tools for the Italian wood processing and furniture industry.
Egger Acquires 60% of Italian Wood-based Panel Manufacturer Saib
ITALY - Saib, based in Caorso, near Piacenza, has been one of the leading wood-based panel manufacturers in Italy for 60 years, with a strong focus on design and sustainability. For the plant with around 200 employees, the majority shareholding by Egger opens up...
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Interfor Continues to Grow with Acquisition of Four US Sawmills from Georgia-Pacific
USA – Interfor Corporation announced today that it has reached an agreement with Georgia-Pacific to acquire four of its sawmill operations located in Bay Springs, MS, Fayette, AL, DeQuincy, LA and Philomath, OR.
Ecuadorian Exports of Particleboard exceed pre-pandemic levels
ECUADOR – Ecuadorian Particleboard / MDP exports reached USD 14.4 million in May 2021, a growth of 30.7 percent compared to the same month in 2019, the last prepandemic year.
LIGNA.Innovation Network Advances
GERMANY – With a triad of Expos, Conference and Networking, the LIGNA.Innovation Network (LIGNA.IN) will offer an alternative digital platform from September 27 to 29, 2021 to the international wood processing industry.
Schuler again recognized as TOP Consultant
GERMANY – The Top Consultant Award is an award for the best consultants in Germany in the SME sector and is organized annually by Compamedia GmbH.
Latin America’s Hotel Construction has 604 Projects/104,275 Rooms At the 1Q-2021 Close
MEXICO – According to Lodging Econometrics’ Construction Trend Report for Q1 2021, the Latin America Hotel Construction stands at 604 projects/104,275 rooms, down 14% by projects and 16% by rooms, compared to same period last year.
New exhibition concept dedicated to Manufacturing Technology
ITALY – A new exhibition concept dedicated to manufacturing technology will be launched in Italy at FieraMilano-Rho from 12 to 15 October 2022, resulting from a partnership between BI-MU and Xylexpo, respectively organized by Ucimu-Sistemi per produrre – the association of Italian manufacturers of machine tools, robots and automation – and Acimall, the association of Italian woodworking machinery manufacturers.
New Vice President Marketing Communications at Koelnmesse
GERMANY – Catja Caspary (41), who currently serves as Vice President Trade Fair Management, has been named Vice President Marketing Communications with immediate effect and will thus assume responsibility for Koelnmesse’s event-related customer and media relations.
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