Stay up to date with the latest news from the global wood based panel industry

Latest News

Urupanel now attracts interest from industry investors in Chile and Brazil 14 November, 2014
Troubled Uruguayan panel maker Urupanel, which was suddenly closed down earlier this year by its Ecuador owners, is reported to have attracted interest from potential industry investors in Chile and Brazil.
> read more

Dieffenbacher to implement cost reduction measures
Wednesday, November 05, 2014 Dieffenbacher has approved a cost­ reduction programme that is set to save a total amount of €25m over the next two years.
Volkswagen to use wood based materials in car production
Wednesday, November 05, 2014 Volkswagen is to use wood based materials in tools for car production. At the car manufacturer's Wolfsburg plant in Germany, Volkswagen tested five prototypes of a roller conveyor, also called skid conveyors, whose individual modules are made of Wood Veneer Composite (WVC).
Imal-Pal supplies innovative MDF/HDF line to Vietnam
Wednesday, November 05, 2014 The Imal-Pal Group, Italian equipment and plant manufacturers for the complete panel line, has won the tender for the supply of a complete and highly innovative continuous press line to MDF QUAG TRI – VRG (Vietnam Rubber Group) in Vietnam.
Boise Cascade reports Q3 net income of US$32.3m
Monday, November 03, 2014 Boise Cascade Company reports net income of US$32.3m on sales of US$983.3m for Q3, 2014.
India’s plywood industry at risk due to log supply shortage
Monday, November 03, 2014 Plywood manufacturers in India are facing huge difficulties in securing logs to maintain production. Recently log imports from Sarawak have increased and this has eased the situation but the steadily rising prices for Sarawak logs are undermining the profitability of Indian plymills.
Norbord reports Q3, 2014 with optimism for 2015
Monday, November 03, 2014 Norbord Inc has reported EBITDA of US$15m in Q3, 2014 compared to US$33m in Q2, 2014 and US$45m in Q3, 2013.
European imports of plywood from China edge 7% higher
Thursday, October 30, 2014 The decline in EU plywood imports from China recorded last year has been reversed in the first half of 2014, according to IHB, the timber network.
Dürr AG acquires Homag for €228m
Thursday, October 30, 2014 Dürr has completed the majority acquisition of Homag Group AG, which had been announced on July 15, 2014. Dürr Technologies GmbH, a wholly owned subsidiary of Dürr AG, now holds 55.9% of Homag’s capital.
Kronospan launches first OSB mill in Russia
Thursday, October 30, 2014 Kronospan has launched its first Russian OSB mill in Eogorievsk, Moscow region (after Hillman, Novovyatsky LK and DOK Kalevala).
Wood pellet plant for Guyana; production to be shipped to Europe
Thursday, October 30, 2014 Pinnacle Green Resources Ltd (Guyana) plans to begin cultivation of an energy plantation on 5,000 acres of land in the Pomeroon Region 2, Guyana. Pinnacle, which has its headquarters in Singapore, is hoping to cultivate Leucaena leucocephala which is already present in Guyana and known as Jumbie Bean.

News Archive