Further reduction in Masisa’s sales revenue and result

Sale of Chilean forest assets approved by shareholders at end of May

The wood-based panel manufacturer Maderas y Sinteticos S.A. (Masisa) of Santiago de Chile, Chile, delivered a total of 135,000 m³ (Jan.-March 2019: 170,000 m³) of wood-based panels in the first quarter 2020. The volume of particleboard sales fell by 8.7 % to 95,000 m³ (104,000 m³). With a reduction of 39.4 % to ...

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