Kronospan and Roseburg Forest Products jointly announced that they had executed a planned purchase and sales agreement between the companies.
News in composite panels
Bakelite Synthetics Announces Agreement to Acquire LRBG Chemicals
Bakelite Synthetics has agreed to purchase and acquire LRBG Chemicals, Inc., a Canadian resin manufacturer and developer.
The European Panel Federation Reports European Wood-Based Panel Consumption Declined in 2022
According to figures released on Friday (6-2-23), by the European Panel Federation (EPF), European wood-based panel production declined by 7.8%. […]
Roseburg Forest Products Pembroke Ontario MDF Plant Receives $3 million in Funding for Technology Upgrades
Canadian Parliament Member Anita Vandenbeld announced today (6-27-23), on behalf of Minister of Natural Resources Jonathan Wilkinson, that Roseburg Forest […]
Roseburg Forest Products Announces Permanent Closure of Its Taylorsville, Mississippi, Particleboard Plant
Roseburg Forest Products announced on Friday that it intends to permanently cease operations at its Taylorsville, Mississippi, particleboard plant on August 21st, 2023.
CalPlant Announces Liquidation of Its Assets
CalPlant I Holdco LLC and its affiliates and subsidiaries announced that it will be proceeding with an orderly liquidation of its assets. The company had created the first no-added-formaldehyde, rice straw-based medium density fiberboard, Eureka™ MDF.
Metrie Acquires Anderco, Continuing to Grow its Solid Wood and MDF Manufacturing and Distribution Business
Woodworking Network reported on Tuesday that Metrie Inc. has entered into a definitive agreement to acquire certain assets of Anderco Inc., a Fullerton, California-based manufacturer and distributor doors and door frames.
Roseburg Forest Products Announces $700 Million Investment to Expand and Upgrade Its Operations in Oregon
Roseburg Forest Products announced on Friday that it plans to invest $700 million over the next four years to upgrade and expand its manufacturing operations in Oregon. The investment includes the creation of two new, state-of-the-art manufacturing plants and upgrades at existing facilities.
Egger Investing $42 Million in Its Lexington, North Carolina, Facility
According to reporting by Woodworking Network, Egger has announced that it had recently started production on a third lamination line at its Lexington, North Carolina, facility. Egger will also install a decorative paper impregnation line.
ARAUCO Board Approves $235 Million Investment in New MDF Line for Zitácuaro, Mexico, Facility
ARAUCO announced on Wednesday that its board of directors has approved an estimated investment of $235 million (USD) for the construction of a new MDF line in Zitácuaro, Mexico. The project is scheduled to be completed and the new line operational in 2025Q2.