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Ruben Desmet Elected EPLF President
BELGIUM - The European Producers of Laminate Flooring (EPLF) has entered a new era with the election of Ruben Desmet (Unilin) as president and Fabian Kölliker (Swiss Krono Group) as a new board member. This follows the departure of Max von Tippelskirch (Swiss Krono...
Guararapes Celebrates 40 Years with Two Prestigious Brazilian Awards
BRAZIL – Guararapes, one of the largest MDF manufacturers in the Americas, is closing 2024 with two major accolades in the Brazilian market: the POPAI Brasil 2024 Golden Trophy and the 2024 Retail Design Award, both recognizing excellence in retail design and...
Masisa Ranks 4th in Global Sustainability Index 2024
CHILE - Masisa has been included in the prestigious Dow Jones Sustainability MILA Pacific Alliance Index 2024, a recognition that underscores the company’s commitment to sustainable management and social responsibility on a global scale. The company ranks 4th within...
Wood Panel Advances at the 13th European Symposium
GERMANY - The 13th European Wood-Based Panel Symposium, held in Hamburg, Germany, on October 10-11, gathered nearly 400 industry leaders, scientists, and entrepreneurs to discuss the future of formaldehyde emission regulations and innovations in the wood-based panel...
Fiplasto Expands with Acquisition of Cuyoplacas
ARGENTINA - Fiplasto, recently acquired by a group of investors, has completed its first major acquisition by purchasing 81.83% of Cuyoplacas, a Mendoza-based manufacturer of "Platinum" branded furniture and melamine particleboards. This acquisition will enhance...
Hettich and FGV Open Joint Subsidiary in Vietnam
VIETNAM - In January 2025, Hettich and FGV opened their first joint subsidiary, Hettich Vietnam. Following Hettich's acquisition of FGV in 2024, the two companies are offering tailored hardware solutions for Vietnam's growing furniture industry. Jana Schönfeld,...
Sindmóveis Partners with NKBA to Boost Global Business
USA - The Furniture Industry Association of Bento Gonçalves, Brazil (Sindmóveis), has joined the NKBA Global Connect initiative as a Strategic Alliance Partner, strengthening connections between the North American and Latin American kitchen and bath industries....
Chile’s Particleboard Exports Up 3.4% in 10M-2024
CHILE - Chile’s exports of particleboard (MDP) showed a modest increase, with total exports rising by 3.4% year-on-year, from USD 90.27 million in 2023 to USD 93.36 million in 2024, according to data from January to October (10M-2024). The growth was primarily driven...
Chile’s Wooden Furniture Imports Rise 25.4% in 10M-2024
CHILE - Chile’s wooden furniture imports totaled USD 104.95 million from January to October 2024 (10M-2024), marking a 25.4% increase compared to same period of the previous year. Brazil remained the top supplier country with USD 35.74 million, up 14.8%, followed...
Ingka will invest EUR 1 billion to boost recycling infrastructure
NETHERLANDS - Ingka Investments, the investment arm of Ingka Group—the largest Ikea retailer—has announced a EUR 1 billion commitment to companies enhancing global recycling infrastructure. The move supports the transition to a circular economy, a key focus of Ingka’s...
Altendorf Recognized as “Brand of the Century”
GERMANY - Altendorf, the global leader in premium sliding table saws, has been honored with the prestigious "Brand of the Century" title at a book launch ceremony. This recognition highlights the company’s commitment to technological innovation, quality, and safety....
Homag Shareholder Settlement Confirmed by Court
GERMANY - The Management Board of Homag Group AG has confirmed that the Higher Regional Court of Stuttgart has issued a final ruling regarding the legal dispute over the cash settlement and guaranteed dividend for shareholders. The court has set the cash settlement at...
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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...
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...
Record-Breaking Attendance at the 13th European Wood-Based Panel Symposium
GERMANY - The 13th European Wood-Based Panel Symposium, held from October 9-11 in Hamburg, welcomed a record number of delegates from over 30 countries, according to the European Panel Federation (EPF). This biennial event gathered experts, researchers, and industry...
Latin America’s Wooden Furniture Imports Up by 34% in 6M-2024
COLOMBIA - In the first half of 2024, wooden furniture imports in Latin America reached a total of USD 368.49 million, marking a significant growth of 34% compared to USD 274.97 million in the same period of 2023. Mexico led the region with the highest import value at...
More Than 93% of interzum 2025 is Booked
GERMANY - Interzum 2025 is already over 93% booked, emphasizing its status as the premier trade fair for furniture production and interior design. Scheduled to take place from May 20-23 in Cologne, this year’s event is witnessing robust international demand, with...
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...
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...
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