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Leadership Transition at Schattdecor North America
USA - With the announcement of Flavio Nunes’ return to Brazil, CEO since 2015, a new team of directors will assume management of the North American unit effective October 14, 2024 The board, which will be shared between David Sheehan, CEO (Sales, Design, Marketing and...
Hettich’s Innovative Fitting Recognized in Japan
GERMANY - Hettich's FurnSpin turn-and-swivel fitting has won the "Good Design Award 2024" from the Japan Institute of Design Promotion (JDP). This is the seventh time Hettich has received this award since 2014. The "Good Design Award" is Japan's premier...
Neodecortech Recognized Among Best Managed Companies in Italy
ITALY - Neodecortech, based in Filago and a producer of decorative papers for wooden panels and flooring for interior design, has been recognized as one of the winners of the 2024 Best Managed Companies Award. This award is promoted by Deloitte Private, in...
PhoneAlone introduces product featuring Välinge’s Threespine
SWEDEN - PhoneAlone ApS, a Danish manufacturer of soundproof telephone booths, integrates Välinge Innovation's Threespine Click Furniture technology into its new product line. The company has quickly established its innovative booths in the European market, providing...
EU Council Delays Deforestation Regulation by One Year
BELGIUM - The European Council has reached a consensus to amend the EU deforestation regulation (EUDR), delaying its implementation by 12 months. This extension allows third countries, member states, operators, and traders to adequately prepare for due diligence...
Nolan Pike Appointed President and CEO of Sauder Woodworking
USA - Sauder Woodworking, the world's largest manufacturer of ready-to-assemble (RTA) furniture, has announced the appointment of Nolan Pike as President and Chief Executive Officer, effective October 21, 2024. He succeeds Kevin Sauder, who is retiring after more than...
Dieffenbacher Acquires Pagnoni Impianti
ITALY - Effective October 7, 2024, Dieffenbacher , a leading German machine and plant manufacturer, has acquired the Italian family-owned company Pagnoni Impianti S.r.l., located in Aicurzio, about 30 kilometers northeast of Milan. The company will now operate under...
Scm Group Wins Best Managed Companies Award for Fourth Year
ITALY - For the fourth consecutive year, Scm Group has received the Best Managed Companies Award, recognizing the entrepreneurial excellence of Made in Italy. This award is promoted by Deloitte Private in collaboration with ALTIS - Graduate School of Sustainable...
Slight Decrease in Ecuadorian Particleboard Exports in 8M-2024
ECUADOR - Ecuador's exports of particleboard / MDP from January to August 2024 (8M-2024) have experienced a slight overall decline compared to the previous year. Total exports reached USD 132.9 million, a 2.4% decrease from USD 136.2 million in 2023. Colombia...
Strong Recovery in Argentinian Decor Paper Imports
ARGENTINA - Argentina’s imports of wooden panel decor paper from January to July 2024 totaled USD 15.3 million, showing notable growth compared to USD 3.2 million in the same period of 2022. Although this represents a 16.4% decrease from USD 18.3 million in 2023, the...
Ingka Group Focuses on Lower Prices to Drive Growth in FY24
NETHERLANDS - Ingka Group , Ikea's largest retailer, reported its share of Ikea retail sales at EUR 39.6 billion for Fiscal Year 2024 (FY24), a 5% decline from EUR 41.7 billion in FY23. The company focused on lowering prices, investing over EUR 2.1 billion in...
Dieffenbacher and Unilin Partner to Advance Fiberboard Recycling
BELGIUM - Dieffenbacher and Unilin Technologies announced a cooperation agreement to commercialize Osiris, Unilin’s patented fiberboard recycling technology. This partnership enhances both companies' commitment to sustainability in the flooring and panel industries by...
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Greenply-Samet Joint Venture Begins Furniture Hardware Production
INDIA - Greenply Industries and Samet have launched their joint venture, Greenply-Samet, marking a significant milestone in the Indian furniture hardware market. Officially named Greenply Samet Private Limited, this new venture began operations on October 26, 2023,...
Sharp Decline in Chile’s Particleboard Exports in 6M-2024
CHILE - From January to June 2024 (6M-2024), Chile's exports of particleboard (PB / MDP) faced a significant downturn, totaling USD 44.5 million. This represents an 18.5% decrease compared to the same period in 2023, when exports amounted to USD 54.6 million. A closer...
Ecuador Sees 5.4% Drop in Particleboard Exports in 6M-2024
ECUADOR - Ecuador's exports of particleboard / MDP recorded a decrease in the first half of 2024 (6M-2024). The total value of particleboard exports in 6M-2024 fell to USD 99.4 million, representing a 5.4% decrease compared to the same period in 2023 (6M-2023: USD...
EU’s New Environmental Standards Are Shaping the Wood Industry
BELGIUM - The EU's new sustainability regulations are significantly affecting industries both within and beyond its borders. The wood industry, in particular, is facing increasing pressure to adopt sustainable practices in wood production, processing, and sales. While...
IWF 2024 Lived Up To Expactations
USA - The International Woodworking Fair (IWF), which concluded earlier this month, attracted a global audience of professionals from various segments of the woodworking industry. Held at the Georgia World Congress Center in Atlanta from August 6 to 9, the event was a...
Significant Growth in Panama’s Particleboard Imports in First Half 2024
PANAMA - In the first six months of 2024, Panama's particleboard/MDP imports increased by 48.3% compared to the same period in 2023, totaling USD 7,122,364. The leading supplier countries were Ecuador, with an 18.3% increase (USD 2,263,045 ), compared to the same...
Commercial Mission Chile: 35 Brazilian Firms and Buyers from 7 Countries
CHILE - On July 23-24, 2024, Santiago, Chile, hosted the Missão Comercial Chile 2024, an event aimed at boosting the Latin American furniture market through the Brazilian Furniture Project. Organized by ABIMÓVEL (Brazilian Association of Furniture Industries) in...
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