Wood Based Panels International
E-mail Updates
RSS


>
*Duratex to acquire 25% stake in Tablemac *LP sales of wood products up 9% *Sonae reduces loss in first quarter *India to promote responsible forest management *Wood products industry leaders take to Capitol Hill *Formaldehyde-free panel products *FMC China 2012 to run with FMC Premium *Ainsworth reports higher OSB volumes and prices *Ligna 2013 to focus on skilled worker shortage *Latin American panel producer explores modified wood panels *Premier buys Ireland-based Brooks Group *Thermopal sets strict standards in formaldehyde emissions *ORIS OSB project chooses Carmanah *GKD expands global presence by opening subsidiary in India *Xylexpo below par proves a disappointment *New Moralt business emerges with Anglo-German support *Norbord's North American operations overtake European divisions *Parquet markets present polarised picture *Weyerhaeuser reduces wood product division losses *Second OSB plant for Dieffenbacher in China *Latvijas Finieris celebrates 20th anniversary *Istanbul woodfibre conference with field trips *UKFPA appoints Hazel Newman *Indian plywood conference and a Golden Jubilee *Siempelkamp comes to the rescue of Pallmann *Berneck starts board production on second MDF plant at Curitibanos *Dieffenbacher to design new pellet plant *Masisa to acquire resin production assets from Arclin *Pöyry to publish investor report on Asia Pacific panel and surfacing industry *US demand for siding to exceed 960 million m2 in 2016 *Teknos first to offer 12 year coating warranty for Medite Tricoya *Wood pellets exports from US and Canada to Europe reach record high *Norbord goes live with new UK website *GP and Sherwood Lumber enter engineered wood products distribution agreement *Schelling’s interaction of saws and storage raises productivity and lowers costs *New marketing manager for Coillte Panel Products *Weyerhaeuser engineered wood business grows *Wood fibre flooring and panels suspended *Canada Wood gets behind Wood Awards *Masisa invests US$40m at sites in south east of Brazil *Arauco to raise low pressure panel laminating capacity in Brazil by 50% *Pfleiderer profits grow as parent company files for insolvency *Masisa plant closures and re-modernisation *Homag sales rise but group still records net loss *Arauco and Unilin link up in flooring deal in Brazil *Entrepreneurs spearhead project to build MDF plant *Hans Theodor Pfleiderer relinquishes posiktion on superviksory board *Egger invests in new continuous laminate press *Speciality oil lfor continous fibreboard presses *Interprint wins prestigious award *Mathias Fischer becomes sales director of GreCon *OSB campaign is JOSB well done, says Norbord *First melamine embossing line *Reeta Kaukiainen joins Metsä Group *Joint development between BASF and Finsa *BASF increases its prices for resins and dispersions *Chris Sutton to chairman TTF NPPD *Metso orders pour in for fibreboard industry *Everything you need to know about SEWP *Arauco halts MDP production in Curitiba *Third Coe dryer for Martco plywood plant at Chopin *Successful 2011 for Dieffenbacher Group *Dates for GreCon seminars *Floraplac to install new thin fibreboard production line *Italian woodworking machinery has positive 2011 *AWC statement on Obama’s biobased product procurement memorandum *Potlatch names Eic J Cremers as executive vice president and cfo *TTF engineered wood products division has first meeting *German ZOW attracts 17,500 visitors *Kronospan spends £5.5m on UK embossing first *It’s another “tough year” for LP *Latvian plywood mill hit by fire *Biggest orders yet for Raute from Chile *Weyerhaeuser predicts better wood products performance *Metsäliitto predicts challenging wood products outlook *Canfor ceo writes new blog *Surface Design Show to feature awards scheme *FSC terminates Asia Plywood licence *Steico launches loft panel product *Sonae plant gets hit by fire again *MSc Timber Engineering course at Edinburgh Napier Univeristy *Second Wood Markets conference to be held in Vancouver *Sandvik focus on short-cycle press plates and endless belts for CPL *Pavatex gives Siempelkamp order for wood-fibre insulation board plant *Berneck postpones second continuous press MDF line *Tablemac plans to launch first MDF line at Barbosa *NFP Europe appointed agent for Tecsol
Plysorol rescued by two Chinese companies
Published:  07 May, 2009

Two Chinese companies are to acquire French plywood producer Plysorol, which has been in receivership since November last year.

Shangdong Longsheng Import has joined forces with wood and packing company Honest Timber to buy the company for an undisclosed sum.

The new Chinese-owned operation was approved by the Commercial Court of Lisieux, northern France, and backed by Plysorol's workers and local authorities.

Plysorol’s products include okoume, poplar and exotic panels. The company, which has three sites in France and production facilities in Gabon, was put under court protection following parent company

Sonae Capital’s application for judicial recovery in the Commercial Court of Lisieux.

The new owners have committed to retaining Plysorol’s staff of around 470 for the next three years and to invest €20m (US$26.5m) in modernising much of Plysorol’s machinery.

Printer friendly version
Email this article to a friend


Calendar

©2012 World Market Intelligence. Terms & Conditions Sitemap