Headlines
interzum Award 2025 Entries Now Open
GERMANY - The interzum Award 2025 is now open for entries from exhibitors participating in Interzum 2025. The award is looking for innovative and sustainable solutions across the categories of Function & Components, Materials & Nature, Textile & Machinery,...
Ibá Releases Study on Biodiversity in Cultivated Tree Sector
BRAZIL - On October 21, 2024, at the start of COP16, The Brazilian Tree Industry Institute (Ibá) launched its study "Biodiversity: A Commitment from the Brazilian Cultivated Tree Sector." The 55-page report outlines the ongoing actions of sector companies that align...
Ingka Investments Opens New Solar Park in France
FRANCE - Ingka Investments, the investment arm of Ingka Group, continues its renewable energy expansion with the launch of a new photovoltaic solar park in Langeron, central France. The park, which consists of 34,500 solar modules, is expected to produce 23 GWh of...
Irineu Munhoz re-elected president of ABIMÓVEL for the 2025/2027 term
BRAZIL - On November 4, 2024, Abimóvel (Brazilian Furniture Industry Association) held its General Assembly in São Paulo, where the new Board and Councils for the 2025/2027 term were elected. Irineu Munhoz, who has led the organization since 2023, was re-elected...
IMA Schelling Strengthens Its Presence in India with New Subsidiary Opening
INDIA - The IMA Schelling Group continues on its growth path. The company officially opened its new subsidiary in Bangalore, India, in October, following its establishment in May. IMA Schelling is relying on close cooperation with its long-standing sales partner...
Scm Group Receives the Innovazione Smau 2024 Award
ITALY - SCM Group has been awarded the Smau 2024 Innovation Award for its Solutions Library project, a digital library using artificial intelligence to manage and share over 70 years of technical knowledge in woodworking and materials processing. The award was...
Proteak Informs 3Q-2024 Results
MEXICO - Proteak, Mexico's largest forestry company, reported its results for the third quarter of 2024 (3Q-2024). Sales of the MDF and Teak businesses reached MXN 291.5 million in the quarter, 1% higher than the immediately preceding quarter, excluding other income...
RoyOMartin Opens Largest OSB Site in North America
USA - Roy O. Martin, a U.S. manufacturer of OSB and plywood, has officially launched the second production line at Corrigan OSB LLC in Corrigan, Texas. This expansion makes their oriented strand board facility the largest of its kind in North America. Texas Governor...
Chile’s Particleboard Exports Down 5.1 in 8M-2024
CHILE – In the first eight months of 2024, Chile's particleboard exports totaled USD 69.1 million, reflecting a decrease of 5.1% compared to USD 72.8 million in the same period of 2023. Chile's exports in the period 2024 reveal contrasting trends across different...
Italy Establishes National Furniture Consortium to Drive Sustainability
ITALY - FederlegnoArredo has announced the establishment of the National Consortium of Furniture Systems (Consorzio Nazionale Sistema Arredo) to enhance sustainability in the furniture sector. Supported by 15 leading companies, the consortium will focus on managing...
Surteco Performance Within Forecast in 9M-2024
GERMANY – In the first nine months of 2024 (9M-2024), the Surteco Group’s sales revenues increased by 4% to EUR 662.2 million, compared to EUR 637.3 million in 9M-2023. This growth was primarily driven by the consolidation of the acquired Omnova divisions for nine...
Dexco Orders Steam Recovery System for MDF Plant
BRAZIL - Dexco Brazil, the largest manufacturer of wood-based panels in the country, has placed an order for the world’s largest EVOfuge steam recovery system from Sunds Fibertech, set to be installed at Dexco’s MDF plant located in Agudos. This advanced system is...
Current
Spanish Furniture Sector Sees Stable International Sales in 6M-2024
SPAIN - International sales in the Spanish furniture sector remain nearly unchanged in 6M-2024 from the same period last year, showing a slight increase of 0.9%, totaling EUR 1.54 billion. Meanwhile, Spanish furniture imports have risen by 3.4% during the first half...
European Associations Call for Delay in EUDR Implementation
BELGIUM - On September 25, 2024, 29 European associations, including the European Panel Federation (EPF), the European Confederation of Woodworking Industries (CEI-Bois), and the European Timber Trade Federation, released a joint statement urging a delay in the...
VDMA Lowers 2024 Woodworking Machinery Forecast
GERMANY – VDMA (German Machinery and Equipment Manufacturers Association) Woodworking Machinery has retracted its forecast for 2024, expecting a 15% decline in production, down to EUR 3.6 billion in Germany. This follows a record EUR 4.2 billion in 2023. With 3,600...
Mixed Latam Plywood Imports Growth in 2023
COLOMBIA - Plywood imports in Latin America during 2023 have shown a mixed picture. Despite a slight decline in overall imports compared to 2022, some countries have experienced significant changes in their figures. According to data from Sisduan, total plywood...
Brazil Calls for EU to Reevaluate Deforestation Import Ban
BRAZIL – Brazil government authorities urge the European Commission to reconsider its anti-deforestation rules, which could impact its exports by nearly USD 15 billion. The EU's 2022 legislation bans imports from deforested areas after 2022, effective December 30,...
Mixed Results for Italy’s Wood-Furniture Sector in First Half of 2024
ITALY - The Italian wood-furniture sector has had a challenging start to the year, experiencing a sales contraction of 5.2% in the first half (6M-2024), affecting both the domestic market (6.0%) and the export market (4.1%). However, forecasts for the remainder of...
Spanish Particleboard Exports to LATAM Up 58.8% in 6M-2024
SPAIN - From January to July 2024, Spain has seen a general increase in particleboard / MDP exports, reaching a total of USD 76.5 million, a 58.8% rise from USD 48.2 million in 6M-2023. Among the countries showing the most significant improvements compared to last...