Arauco is conducting an Environmental Impact Assessment as the first step toward evaluating the viability of a new $200 million MDF production line in Zitácuaro, Michoacán, Mexico. If the project proceeds, subject to the approval of local and state authorities, production is expected to start during 2024. It would double the company’s MDF capacity in Mexico.
“We are investing in Mexico to meet the growing demand in the construction and furniture industries,” remarks Pablo Franzini, president of Arauco North America. “This is a demonstration of our commitment to the market and will ensure we continue to develop and maintain successful relationships with our commercial partners.”
Oregon Mass Timber Coalition was named by the Economic Development Administration (EDA) as a finalist in the $1 billion Build Back Better Regional Challenge. The coalition was awarded $500,000 to create a strategy for a Mass Timber Modular Manufacturing Facility at Marine Terminal 2 in Portland. The Oregon Mass Timber coalition is a partnership…
Wolf-Gerd Dieffenbacher celebrated his seventieth birthday on December 20, 2021. Until his withdrawal from the day-to-day business on July 1, 2019, the entrepreneur was active for more than 40 years in the Eppingen-based family business Dieffenbacher GMBH Maschinen- und Anlagenbau, which he led as CEO…
Hexion Holdings Corp. has entered into an agreement to be acquired by affiliates of American Securities LLC. The transaction is expected to close in the first half of 2022, following and conditioned upon the closing of the company’s previously announced sale of its epoxy business to Westlake Chemical Corp…
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