Fagus-GreCon Acquires DMC From Bakelite
In a strategic move driven by customer focus and long-term market optimization, Fagus-GreCon has acquired the Dynamic Microchamber (DMC) from Bakelite. This transition reflects Bakelite’s decision to sharpen its concentration on its core expertise in wood adhesives, while entrusting Fagus-GreCon to advance and expand the DMC business with renewed innovation and technical excellence.
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Stevens Assumes LP CEO Post
Louisiana-Pacific appointed Curt Stevens to succeed Rick Frost as LP CEO effective in May. Frost, who served as CEO since 2004, retired from LP May 31. Stevens, 59, joined LP in 1997 and has held senior management positions throughout his career at the company. He was...
China Eases Ban On Virginia Logs
Governor Bob McDonnell announced that following Virginia’s year-long efforts, and hosting of a Chinese technical delegation of plant pest officials, China has agreed to a six-month pilot project that will begin re-opening the Chinese market to Virginia’s hardwood and...
Arauco Purchases Flakeboard
Arauco Purchases Flakeboard Chile-based Arauco has signed a purchase agreement for the acquisition of 100% of Flakeboard Company Ltd., based in Ontario, for US $242.5 million. Flakeboard operates production sites in Canada and the U.S., including MDF plants in...
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