Headlines
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...
New Leadership at Rehau Americas
USA - Rehau has announced the promotion of Dr. Thomas Troeger from Chief Marketing Officer (CMO) to Chief Executive Officer (CEO) of Rehau Americas. The regional executive board now includes Troeger as CEO, Theo Haast as Chief Financial Officer (CFO), and Terry...
BMWK Funds German Start-Ups at Interzum 2025
GERMANY – The German Federal Ministry for Economic Affairs and Climate Action (BMWK) is offering financial support to young, innovative companies, helping them exhibit at interzum 2025 by covering up to 60% of their stand costs. Interzum, taking place from May 20-23,...
Promart Opens its Second Store in Ecuador
ECUADOR - Promart Homecenter, the leading Peruvian home improvement chain, has opened its second store in Ecuador, located in Quito. Inaugurated on December 11, 2024, this new location strengthens the brand’s presence in Ecuador, following its first store opening in...
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...
Gino Lévesque Named CEO of Tafisa Canada
CANADA - The Board of Directors of Tafisa Canada has announced the appointment of Gino Lévesque as the company’s future Chief Executive Officer. Lévesque will join Tafisa on January 20, 2025, and officially succeed Louis Brassard on March 1, 2025. Brassard, CEO since...
Masisa Advances Toward Net-Zero Emissions by 2050
CHILE - Masisa, a leading forestry company, has made a significant stride in sustainability by achieving 67% of its energy consumption from biomass. This renewable source, derived from organic materials such as wood and agricultural waste, is now the company’s primary...
Dieffenbacher Names Michael Rupp as Head of Recycling Division
GERMANY – Michael Rupp has been appointed Head of the Recycling Business Unit at Dieffenbacher, effective December 1, 2024. He will lead the company’s waste wood recycling, waste-to-product solutions, and the development of fuel processing, with a focus on fluidized...
Unilin and Dieffenbacher Advance Fiberboard Recycling
BELGIUM - In October 2024, Unilin and Dieffenbacher announced a partnership to commercialize Unilin’s innovative "Osiris" wood fiberboard recycling technology. As part of the agreement, Dieffenbacher has become the preferred global supplier of Osiris machinery for...
Cantisa Celebrates 40 Years of Pioneering Edge Banding Innovation
SPAIN - Cantisa, a leader in edgebanding and decorative trims, is celebrating its 40th anniversary this year. This milestone reflects decades of hard work, innovation, and continuous growth. "We are deeply grateful to all those who have trusted us, helping us evolve...
Brazilian Furniture Project Extended to Drive Export Growth
BRAZIL - The Brazilian Furniture Industry Association (Abimovel) and ApexBrasil (Brazilian Agency for the Promotion of Exports and Investments) have renewed the Brazilian Furniture Sector Project for another two-year cycle, effective December 20, 2024. This initiative...
Vietnam’s Forest Product Exports Set to Reach Record USD 17.3 Billion in 2024
VIETNAM - In 2024, Vietnam's export turnover of forest products is expected to reach a historic high of USD 17.3 billion, with wood and wood products contributing USD 16.3 billion. The trade surplus from these exports is projected to be USD 14.4 billion. In December...
Current
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...
Brazilian Cultivated Tree Sector Surpasses 10 Million Hectares
BRAZIL - According to the latest Ibá (Brazilian Tree Industry) Annual Report, the cultivated tree sector in Brazil has surpassed 10 million hectares for the first time. These trees produce renewable, biodegradable, and recyclable bioproducts for over 2 billion people...
Koelnmesse Cancels imm cologne 2025 Trade Show
GERMANY - imm cologne 2025 programed for January has been canceled. Koelnmesse, in collaboration with the Association of the German Furniture Industry (VDM) and the Furniture and Kitchens Trade Association (BVDM), made this decision due to significant economic...
Mixed Trends in Regional Particleboard Imports in 6M-2024
COLOMBIA - In the first half of 2024 (6M-2024), particleboard imports in Latin America demonstrated varied trends across different countries. The total imports in the region amounted to USD 266.3 million, showing a slight decline of 2.6% compared to USD 273.5 million...
LIGNA 2025: Circular Transformation in Wood Processing
GERMANY - A new format debuts at LIGNA’s anniversary edition in 2025: LIGNA.Circular. From May 26 to 30, 2025, Hall 12 at the Hannover Fairground in Germany will spotlight a pressing topic for the woodworking industry: circular transformation in wood processing. Under...
Top Ecuadorian companies’ sales and profits fall in 2023
ECUADOR - The main companies in Ecuador´s wood and furniture sector experienced a decline in sales and profits in 2023 compared to the previous year. Total sales among the main companies in this sector amounted to USD 410.2 million, a decrease of 3.4% from USD 424.8...
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