Klöpfer & Königer set to exit the Surteco share pool

19.10.2020 − Klöpfer & Königer Management has terminated its membership in the Surteco share pool with effect from the end of 2020, according to an ad-hoc statement published by Surteco Group on 6 October. » more


Surteco has not altered downgraded forecast

14.10.2020 − Surteco Group has not altered its revenue and earnings forecasts even though demand has recovered slightly during the second half. » more

Consortium to acquire all shares in Ahlstrom-Munksjö

07.10.2020 − A consortium of four equity firms doing business as Spa Holdings 3 presented a voluntary public takeover offer for all shares in the speciality paper manufacturer Ahlstrom-Munksjö on 24 September.» more

Stoppages trimmed Neodecortech’s revenues

25.09.2020 − Production stoppages held by Neodecortech at its Filago headquarters and other sites in Casoli d’Atri and Guarcino paved the way for the expected slump in revenues in the first half. » more

China’s share of global decor paper output rises to 58%

24.09.2020 − China’s decor paper industry boosted its share of global output to 58 % last year amidst growth in its production that is continuing, albeit at a slower pace. » more

Multi-tier HPL line for sale by Linn Machinery

21.09.2020 − The used-machinery dealer Linn Machinery has been engaged by a German laminates manufacturer to sell a multi-tier HPL press along with the up and downstream plant components.» more

Broadview acquires worktop merchant

18.09.2020 − Broadview Holding acquired the British worktop merchant Direct Online Services Holdings (DOS) at the start of May.» more

Huntsman selling stake in Venator to SK Capital

16.09.2020 − Huntsman intends to sell 52 million shares in Venator Materials to investment funds run by K Capital Partners over the next two-and-a-half years.» more

Ostermann raised group revenues to €130m

11.09.2020 − The edgebanding and fittings specialist wholesaler Rudolf Ostermann boosted its group revenues to roughly €130m in the 2019 financial year, based on preliminary information.» more

Greenlam: EBITDA from laminates plunged 60%

09.09.2020 − Greenlam Industries saw its operations largely grind to a standstill in April 2020 because of the Covid-19 pandemic. » more

Strong slump in revenues and earnings at Surteco

27.08.2020 − The coronavirus crisis and related lockdowns in several key sales markets had a significant impact on revenues and earnings at Surteco Group in the second quarter.» more

Egger Kunststoff also to produce laser edgings

26.08.2020 − Egger Kunststoffe, which is part of the Austrian Egger Group and focused on production and sale of thermoplastic edgebandings, also plans to enter into production of laser edgings over the course of 2021.» more

Wilsonart wants to acquire US regional distributor

20.08.2020 − The US company Wilsonart International plans to expand its sales network in the south-east of the US by acquiring its longstanding distributor Alpine Sales Inc. at the end of July.» more

Koehler’s revenues reached 2018’s level last year

10.08.2020 − The Koehler Group, which is made up of Koehler Paper Group and Koehler Energy, generated roughly unchanged revenues of approximately €870m in 2019. » more

Ahlstrom Munksjö Decor books 38% slide in revenues

06.08.2020 − Commercial downtime at a variety of locations took a large bite out of revenues and earnings from the Decor Solutions division at Ahlstrom-Munksjö in the second quarter. » more

JAF group ceasing raw veneer production in Brasov

05.08.2020 − The JAF group will be terminating veneer production at its Romanian subsidiary J.F. Furnir during the course of October. » more

Greenlam’s greenfield project in southern India delayed

23.07.2020 − Indian Greenlam Industries has purchased a plot of industrial land through its subsidiary Greenlam South for building the new laminates work planned for Naidupeta in Andhra Pradesh in southern India.» more

Barberán dismisses claims of patent infringements

16.07.2020 − In a statement issued at the end of June, Barberán rejected accusations of a patent infringement levelled by Hymmen.» more

Surteco sells its stake in Mexican JV Canplast

13.07.2020 − Surteco Canada, which is part of Surteco Group, divested its 50% stake in the Mexican distribution joint venture Canplast Mexiko to its joint venture partner in late June. » more

Order intake for decor paper has hardly increased

06.07.2020 − The slow ramp-up of production activity in the furniture and building product industry has so far had little impact on European decor paper manufacturers’ order intake. » more

Veneer makers cut output by furloughing workers

01.07.2020 − The repercussions of the coronavirus pandemic have led many European and North American veneer mills, veneer producers without their own mills and veneer merchants to suspend their operations. » more

Danzer's turnover decreased to € 180 million

27.05.2020 − The decline in turnover of Danzer Holding's European and North American companies intensified in 2019. » more

Großmann will stand down from supervisory board

21.05.2020 − Jürgen Großmann, chairman of the supervisory board of Surteco Group will stand down from the supervisory board as of this year’s general meeting.» more

Surteco will not meet targets for 2020 due to corona

14.05.2020 − Against the background of the effects of the corona crisis Surteco Group will not achieve the significant improvements in turnover and results originally anticipated for 2020.» more

Decor paper manufacturers cut back production

20.04.2020 − After a relatively normal production trend in the first quarter, the European décor paper industry is now implementing major shutdown measures.» more

Westag & Getalit discontinued melamine impregnation

17.04.2020 − At the end of 2019, Westag & Getalit AG stopped impregnating melamine resin at its headquarters in Rheda-Wiedenbrück.» more

Retis Holding has acquired all shares in Arcolor

16.03.2020 − Wrede Industrieholding sold a 49.2% stake in Arcolor Holding, which is part of Wrede Beteiligungsgesellschaft, to Retis Holding in October as part of a programme of divestments announced at the end of 2018. » more

Schattdecor boosted revenues by 5% to €780m

04.03.2020 − Schattdecor generated group revenues of roughly €780m in the 2019 financial year, surpassing the previous year’s level of €742.4m by a good 5%. » more

Neodecortech experiences slump in earnings

02.03.2020 − Neodecortech raised its consolidated revenues by 1.7% to €135.8m in the 2019 financial year, according to preliminary results published on 1 February. » more

Ahlstrom-Munksjö Decor enjoys stronger demand

28.02.2020 − Ahlstrom-Munksjö has announced that its Decor division experienced a recovery in demand for decor paper in the fourth quarter following a longer downturn caused by the economic downswing.» more