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Latest Industry News In South America

Eucatex posts 55% increase in EBITDA for full year 2021
13 May, 2022
Brazilian wood-based panels producer Eucatex has reported a large boost in annual revenues and profits.
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Dexco records best-ever performance
Sunday, February 13, 2022 Brazilian wood-based panels manufacturer Dexco (formerly known as Duratex) has recorded the best annual financial results in its history.
Duratex announces name change and investment plan
Wednesday, August 18, 2021 South American panel producer Duratex has announced a change of its corporate brand to “Dexco”.
Duratex records best ever quarter results in Q3
Monday, November 23, 2020 Brazilian wood-based panels manufacturer Duratex has recorded a stellar Q3, with its earnings (EBITDA) rising 83.6% to R$252.1m – the best quarterly results in the history of the company.
WBPI launches Virtual Views event for panels industry
Monday, November 09, 2020 WBPI will be holding a virtual event on February 16, 2021 to look at how the international wood-based panels industry has adapted to the current pandemic and look at movements in furniture trends.
Soil Association Forestry issues Ecosystem Services declaration
Wednesday, February 12, 2020 Soil Association has issued its first Ecosystem Services declarations to existing FSC Forest Management Certificate holders: Forestal Arauco Chile and Arauco Argentina S.A. in Argentina.
Brazilian furniture manufacturer Grupo Herval expands in North America
Tuesday, January 14, 2020 Leading Brazilian furniture manufacturer Grupo Herval has opened a facility in Miami to expand into the North American market.
CMPC lower Q3 plywood sales
Tuesday, January 14, 2020 Chilean forestry company and plywood producer CMPC reported lower Q3, 2019 plywood sales volumes due to lower sales in Chile and exports to Europe.
Arauco reports Q3 reduction in panel product prices
Monday, January 13, 2020 Arauco’s wood products division reported a 26.7% reduction in EBITDA for Q3, 2019 mainly due to a decrease in wood panel prices.
Panels giant Arauco to acquire Masisa Mexico assets
Thursday, December 21, 2017 South America based wood-based panel giant Arauco is to buy Masisa’s Mexican mills in a US$245m deal.
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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