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Latest Industry News In South America

Panels giant Arauco to acquire Masisa Mexico assets
21 December, 2017
South America based wood-based panel giant Arauco is to buy Masisa’s Mexican mills in a US$245m deal.
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Paraguay launches project to establish an MDF plant
Thursday, June 19, 2014 Paraguay is the latest country in South America to launch a project to establish a production plant for MDF.
Masisa to sell off its Chilean door manufacturing business to Masonite
Tuesday, August 13, 2013 Leading South American wood panel producer Masisa has agreed to sell off its Chilean door manufacturing business to the global group Masonite International Corporation for US$12.5m.
Cotopaxi plans to install continuous MDF line at its plant near Quito
Tuesday, August 13, 2013 Expanding Ecuador-based panel producer Aglomerados Cotopaxi plans to install a new continuous MDF line at its main plant near the Ecuadorian capital Quito.
Brazil’s wood panels industry should see quite strong growth in 2013
Tuesday, January 08, 2013 Brazil’s wood panels industry has reported overall annual growth of around 10% during 2012, despite early market stagnation and persistent economic gloom in the country for much of the year.
Brazil-based Duratex plans to use Tablemac for further expansion
Thursday, September 20, 2012 Brazil’s leading panel producer Duratex plans to use its investment in the Colombian board manufacturer Tablemac as a stepping-stone to further expansion in Central and South America.
Floraplac prepares to invest in second MDF line
Thursday, September 20, 2012 Floraplac, Brazil’s northernmost fibreboard producer, is preparing to invest in a large second MDF line, likely to be a continuous production unit, which will almost triple its current capacity.
Masisa's ratings remain unchanged after particleboard plant acquisitions
Thursday, August 16, 2012 The ratings for Masisa SA remain unchanged following the company's recent announcement that it will acquire two particleboard plants in Mexico, according to Fitch Ratings.

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