Headlines
SCM Debuts New CNC Machining Centres
ITALY - The SCM sales team met at the Rimini headquarters for a special event: the launch of the new Morbidelli X50 and X100 nesting CNC machining centres, along with upgrades to the Accord 500/600 range for the furniture industry. On September 11 and 12, both...
New Ikea Store Opens in Paris’ Italie Deux Shopping Centre
FRANCE - Ingka Group, the largest Ikea retailer, is enhancing its presence in Paris’ 13th district with the opening of a new Ikea store in the Italie Deux shopping centre. This new store aims to offer greater convenience and accessibility for Parisian customers....
Masisa Tops 2024 Corporate Sustainability Ranking in Manufacturing
CHILE - In the second edition of the 2024 Corporate Sustainability Ranking, organized by Brinca and the Adolfo Ibáñez School of Business, Masisa secured the top position in the manufacturing category for sustainability. This ranking, which assessed 70 leading...
S.Kijchai Chooses Siempelkamp for New MDF Plant
THAILAND - Siempelkamp has been chosen by S.Kijchai Enterprise Public Company Ltd., a top Southeast Asian wood-based panel producer, to supply a new MDF plant at its Rayong headquarters in Thailand. This will be S.Kijchai's third MDF plant, boosting its production...
Homag Enhances Production Quality with Automated Gluing Technology
GERMANY - Homag, a global leader in woodworking technology, is integrating Dürr’s adhesive processing products to create vacuum tables for its Sawteq saws. This collaboration introduces Dürr’s automotive adhesive technology into the woodworking industry. Dürr, a...
Latin America’s Wooden Furniture Exports Dip 5.5% in 6M-2024
COLOMBIA - In the first half of 2024, Latin America's wooden furniture exports experienced a decline of 5.5% compared to the same period in 2023, totaling USD 759.3 million. This downturn reflects varied performances across the region, with some countries seeing...
Eco-Friendly Building Materials are Transforming Ecuador’s Construction Sector
ECUADOR - The construction industry is a major environmental contributor globally, accounting for about 39% of CO2 emissions, primarily due to material manufacturing like cement. However, the shift towards sustainable practices is gaining momentum. Daniel Sotalin,...
China’s Wooden Furniture Exports Surge 24% in 7M-2024
USA - According to Lesprom Analytics, China’s wood furniture exports saw a significant 24% increase in the first seven months of 2024, reaching 256 million pieces. This boost led to a 9% rise in export value, totaling USD 13.4 billion. Despite this growth, the average...
Metsä Group’s Carbon Capture Efforts Aim to Transform the Forest Industry
FINLAND - Metsä Group, one of the world’s largest forest industry groups, produces around 12 million tonnes of wood-based CO₂ annually and is now focused on large-scale carbon capture. Kaija Pehu-Lehtonen, the new project director, sees bio-based CO₂ as a valuable yet...
Ikea Tests New Digital Marketplace for Second-Hand Furniture in Madrid and Oslo
NETHERLANDS - Ikea is testing a new digital marketplace for second-hand furniture, called Ikea Preowned, in Madrid and Oslo, and is planning to roll out the site globally in December. This platform enables users to buy and sell used Ikea furniture directly, featuring...
Falabella Sells Shopping Center to Parque Arauco
CHILE - Falabella informed that it will sell to Parque Arauco the Open Plaza Kennedy shopping center and the entity that operates the Courtyard Hotel by Marriott inside the center, in Las Condes, Santiago. Falabella’s CEO, Alejandro González, stated that this move...
Salice Acquires Atim S.p.A.
ITALY - Salice, the Italian manufacturer of furniture fittings, has acquired Atim S.p.A., an Italian specialist in aluminum-based hardware solutions. This acquisition will enhance Salice's portfolio with innovative designs, including extendable tables and...
Current
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).
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.
New Catas Website Ensures Authenticity of Test Reports
ITALY – Certification body Catas has launched verify.catas.com to combat the misuse of its name through fraudulent or altered test reports.
Central America Sees Significant Growth in Wooden Furniture Imports
CENTRAL AMERICA – During the first four months of 2024, Central America experienced robust growth in the importation of wooden furniture, reflecting a strong demand for these products across the region.
Strong Increase of Brazilian Particleboard Exports in 5M-2024
BRAZIL – Brazil’s exports of Particleboard / MDP (Medium Density Particleboard) from January to May 2024 showed significant growth compared to the same period in 2023.
New FSC Forest Stewardship Standard for Peru
PERU – FSC is pleased to announce the official publication of the new FSC Forest Stewardship Standard for Peru, which covers all categories of Management Units in natural forests and plantations, including small and low intensity managed forests, as well as Non-Timber Forest Products.