Exports of plywood from Brazil grew 7%.
Wooden Panels
Exports to Iraq lead with over 20% share.
The central warehouse will supply all the company’s 116 Swedish branches with building materials and deliver them directly to construction sites. The new warehouse also enables day-to-day delivery to almost all of Sweden.
As of Monday, May 6, Fabrizio Anzalone takes over the management of the United States, Canada, and Mexico subsidiaries of SCM.
The plant will convert specialty medium density fiberboard (MDF) panels manufactured at Roseburg’s MDF plant in Medford, Oregon, into Armorite Trim, a finished exterior trim product for residential and shed use.
Price for plywood imported to the U.S. gained 1.3%.
Imports of plywood to Japan rose 4%.
Adjusted EBITDA for Q1 2024 was $352 million, compared with $395 million for the same period last year and $321 million for Q4 2023.
The Finnish Competition Authority has approved a business arrangement whereby Metsä Group will integrate the maintenance operations of its plywood and Kerto LVL mills in Finland into its own organisation as of 1 October 2024.
Eric Knox will focus on expanding the reach and enhancing the sales strategies within the Lumber and Building Materials (LBM) division.
Non-IFRS measure normalized EBITDA margin decreased to 20% for the year ended December 31, 2023 from 25% for the year ended December 31, 2022. This decrease was mainly due to decreased gross margins and increased operating costs.
he agreement covers Benchwick’s decorative panels which are digitally printed and digitally embossed using a Hopetech digital printing line.
Q1 2024 Adjusted EBITDA was $200 million compared to $97 million in the Q4 2023.
Price for plywood exported from Chile added 0.9%.
Price for plywood exported from Russia to China decreased 9%.
When fully operational, the mill will have 4–5 employees working in two shifts, which will enable the production of 40 m3 of wet veneer from 80 m3 of veneer logs in an eight-hour shift.
Woodgrain will also continue to enhance value-added services, including pre-hanging and pre-finishing doors, supported by Woodgrain’s manufacturing expertise.
Egger takes the next step in the circular economy: first recycling collection site in Italy.
Imports of plywood to European Union upped 5%.
Sales in the wood product industry decreased by 0.2% from January.