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Furniture & Wood Products News

York Timbers swings to a loss

By: Marleny Arnoldi     29th September 2023 Following a “disappointing” 2022 financial year, lumber and agriculture company York Timbers has again reported year-on-year decreases in several key metrics for the 2023 financial year ended June 30. The company’s loss for the year amounted to R393-million, compared with a profit of... 

Talk of the town at Indaba

29th September 2023 The Manufacturing Indaba, being held in October, endeavours to promote positive changes in sub-Saharan Africa’s manufacturing landscape – a source of livelihood for millions of people and leading contributor to the region’s gross domestic product. The tenth instalment of the Manufacturing Indaba,... 

A gentleman giving a talk standing on a stage in front of a large screen with the word PHYGITAL
TRENDING TOPICS The topics for the Manufacturing Indaba this year will cover new trends, challenges, and prospects going forward

TWK Agri posts lower interim earnings amid rampant interest rates, inflation, loadshedding

By: Marleny Arnoldi     18th April 2023 Diversified agriculture and forestry company TWK Agri has posted a 13% year-on-year decrease in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R372-million on the back of tough economic conditions in the six months ended February 28. The group, which operates through... 

Timber

Engineered wood a carbon-efficient material

By: Nadine Ramdass     24th March 2023 The international construction industry is moving away from carbon-producing materials, such as steel and concrete, in favour of more sustainable materials. Engineered wood offers a multitude of benefits, including being a more sustainable and cost-effective material while offering shortened... 

An image of a forest with big trees
WOOD INNOVATION Engineered wood are more sustainable, cost-effective material, offer shortened construction time and are customisable, stronger and uniform panels

KAP’s interim revenue up 12%, but earnings down 2% on lower demand

By: Donna Slater     21st February 2023 Diversified industrial, chemical and logistics group KAP Industrial increased its revenue for the six months ended December 31 by 12% year-on-year to R15.26-billion but earnings before interest, taxes, depreciation and amortisation decreased by 2% to R2.2-billion. Operating profit before capital... 

IMAGE OF KAP CEO Gary Chaplin
KAP CEO Gary Chaplin

Company opens flagship distribution centre locally

4th November 2022 Distributor of consumer goods to Africa, Massmart, has opened its new flagship Riversands distribution centre in Riversands, Gauteng. The company announced that it had officially opened its new Massmart Distribution Centre, on June 14. 

An aerial view of a hugs warehouse and distribution centre designed and built by Massmart
MASSIVE MILESTONE Massmart has opened its flagship distribution center in Riversands Gateng

Group to highlight dryer offerings at event

12th August 2022 International technology group Andritz will be exhibiting its range of existing and new technologies, services and automation solutions for the chemical and pharmaceutical industries at the Ausstellungstagung für chemisches Apparatewesen (ACHEMA) 2022 show from August 22 to 26, in Frankfurt,... 

The newly launched Andritz screen scroll centrifuge HX – designed to enable flexible dewatering, even under difficult feeding conditions
THERMAL THINGS The thermal range of driers on offer from Andritz will be showcased at this years ACHEMA 2022

Manufacturing output decreases by 2.3% y/y in May

By: Donna Slater     12th July 2022 Manufacturing production decreased by 2.3% year-on-year in May, brought down by the industries of motor vehicles, parts and accessories and other transport equipment which declined 19.2%, and subtracted 2.1 percentage points, reveals Statistics South Africa. A 4.1% decline in the food and... 

TWK lifts interim profit to R247m

By: Schalk Burger     12th April 2022 Diversified agriculture and forestry company TWK Investments achieved 30.6% increase in revenue to R4.88-billion for the six months ended February 28, compared with revenue of R3.74-billion achieved in the six months ended February 28, 2021. Profit after tax increased by 175.5% to... 

Sappi launches campaign to attract skilled engineers

By: Donna Slater     11th April 2022 Woodfibre products manufacturer Sappi has launched a campaign to encourage skilled engineers and production specialists to join its growing team and its endeavours of pursuing a circular economy. Besides a number of current vacancies in various fields, Sappi is also building up a database of... 

An image of Sappi engineers at a plant
Engineers at a Sappi plant

PG Bison successfully completes eMkhondo Particleboard Line expansion

By: Tasneem Bulbulia     15th March 2022 Panel products producer PG Bison has successfully commissioned its latest expansion project, with the installation of the higher capacity dryer and fibre preparation facilities at its at eMkhondo (Piet Retief) manufacturing facility, in Mpumalanga. The commissioning marks a major milestone for PG... 

An image showing PG Bison's new particleboard line at the eMkhondo manufacturing facility
PG Bison's new particleboard line

CHEP pallet rental solution reduces Clover's carbon emissions

By: Schalk Burger     14th December 2021 Supply chain solutions company CHEP rents out and reuses 345-million wooden pallets used in the transportation of goods, which reduce costs and minimise environmental impact. The reuse model makes business sense, said CHEP South Africa customer relationship manager Celeste Enoch. 

York Timber swings to record Ebitda in FY21

By: Marleny Arnoldi     28th September 2021 JSE-listed integrated forestry company York Timber Holdings has managed to swing from a loss a share of 69c in the 2020 financial year to earnings a share of 44c in the financial year ended June 30. The company’s earnings before interest, taxes, depreciation and amortisation improved by... 

Wood logs

Timber’s viability overlooked by developers

11th June 2021 It is estimated that two-billion metres squared of new building stock will be required every year between 2019 and 2025 to keep up with urban development and population growth.  

WOOD REDUCES CARBON OMMISIONS
Carbon dioxide is removed from our atmosphere by wood plantations during their rotations of seven to 20 years.
WOOD REDUCES CARBON OMMISIONS Carbon dioxide is removed from our atmosphere by wood plantations during their rotations of seven to 20 years.

First-quarter GDP up 4.6% 

By: Donna Slater     8th June 2021 South Africa’s gross domestic product (GDP) increased at a yearly rate of 4.6% during the first quarter of 2021, reports Statistics South Africa (Stats SA). The mining and quarrying sectors combined grew by 18.1%, contributing 1.2 percentage points to the overall GDP figure, while the... 

First-quarter GDP up 4.6%

Industry struggling with materials shortages, price increases

By: Cameron Mackay     4th June 2021 A shortage of raw materials, coupled with substantial raw-material price increases, has placed the local coatings industry under pressure, states South African Paint Manufacturing Association (Sapma) executive director Tara Benn. “A complex mix of demand and global chemical plant production... 

PAINTING A PICTURE
The long-term outlook for the industry currently is that current demand for decorative paint will last for another few years, before it eventually levels out
PAINTING A PICTURE The long-term outlook for the industry currently is that current demand for decorative paint will last for another few years, before it eventually levels out

Patel says vision for R200bn in additional localisation has top-level corporate backing 

By: Terence Creamer     18th May 2021 Trade, Industry and Competition Minister Ebrahim Patel announced that an “accord” had been reached at the National Economic Development and Labour Council (Nedlac) to drive progressive localisation of up to R200-billion of additional production over a five-year period. Delivering his virtual... 

Trade, Industry and Competition Minister Ebrahim Patel
Trade, Industry and Competition Minister Ebrahim Patel

PG Bison to add new MFB press, hot coating line at its Boksburg operation

By: Schalk Burger     7th May 2021 Wood-based panel products manufacturer PG Bison has received approval from parent company KAP Industrial Holdings for the purchase of a new melamine-faced board (MFB) press and an additional hot coating line. The MFB press and hot coating line will be located at its Boksburg site, in Gauteng, and... 

Decimated furniture sector to get Proudly SA local portal

By: Schalk Burger     26th April 2021 Local sourcing organisation Proudly South African, in collaboration with the the Department of Trade, Industry and Competition, will launch a dedicated furniture portal to make the sourcing of locally made furniture easier. The furniture sector in South Africa was an employer of 50 000 people in... 

DTIC furniture design competition aims to stimulate design capabilities

By: Schalk Burger     9th March 2021 The five finalists in the Department of Trade, Industry and Competition's (DTIC's) national Furniture Design Competition designed affordable, modular, multipurpose and functional furniture, Deputy Minister Nomalungelo Gina says. She points out that the competition is aimed at nurturing design... 

HomeChoice reports solid interim performance

By: Tasneem Bulbulia     31st August 2020 Home-shopping retailer HomeChoice says its results for the six months ended June 30 are a reflection of the impact of the Covid-19 lockdowns, as well as pleasing outcomes from its decisive response to the pandemic. It notes that it consciously cut back loan disbursements by R400-million to... 

Timber suitable to help address Covid-19 housing requirement

By: Donna Slater     19th May 2020 In response to government investigating alternative housing solutions for densely populated informal settlements during the Covid-19 pandemic, Sawmilling South Africa (SSA) and the Institute for Timber Construction South Africa (ITC-SA) have approached government with a proposal that timber be... 

Sappi, Fiat in project to help reduce the carbon footprint of cars

By: Irma Venter     14th April 2020 Sappi’s Symbio bio-composite cellulose fibre, derived from responsibly managed, renewable forests, has been chosen as feedstock for the development of lightweight bio-composite materials for the Life Biobcompo project.  This project aims to reduce vehicle carbon dioxide emissions by 8% through... 

Sappi, Fiat in project to help reduce the carbon footprint of cars

Supplier offers complete solution to university

By: Cameron Mackay     13th March 2020 Local cleaning chemicals supplier Industroclean’s ability to provide holistic cleaning solutions enables it to offer the University of Cape Town (UCT) a one-stop-shop cleaning chemicals solution. Industroclean MD Emma Corder confirms that the company began supplying its solutions to UCT... 

CLEANING VARIATION

While above the floor cleaning tasks remain similar, variations in floor types require different products and methodologies for maintenance or restoration
CLEANING VARIATION While above the floor cleaning tasks remain similar, variations in floor types require different products and methodologies for maintenance or restoration

DTIC drafting Furniture Industry Master Plan

By: Marleny Arnoldi     7th February 2020 The Department of Trade, Industry and Competition (DTIC) and the South African Furniture Initiative have embarked on a process to draft a Furniture Industry Master Plan. The entities earlier this week hosted the last of a few consultative workshops, in Port Elizabeth, to gather input from... 

ITC-SA puts dormancy on the backburner as it pursues new operating model

By: Tasneem Bulbulia     25th October 2019 The Institute for Timber Construction South Africa (ITC-SA) has reversed its resolution of dormancy following overwhelming feedback from various quarters of the structural timber industry, the full spectrum of its membership and government departments, on the critical role that the institute has... 

KAP lifts full-year revenue, but profit tracks lower

By: Schalk Burger     20th August 2019 Diversified industrial company KAP Industrial Holdings has grown its revenue for the financial year ended June 30 by 12% year-on-year to R25.6-billion, but operating profit decreased by 13% to R2.5-billion. In a SENS announcement that contained extracted financial information from the audited... 

Competition Commission prohibits merger between forestry companies

By: Marleny Arnoldi     13th June 2019 The Competition Commission has prohibited a proposed transaction whereby Africa Forestry Fund II (AFF) intended to acquire Vuka Forestry Holdings and Glen Village Trading. The commission found that there were substantial short- and long-term anticompetitive effects that were likely to arise... 

Inaugural event to highlight local manufacturing capabilities

By: Halima Frost     17th May 2019 The first Local Southern African Manufacturing Expo (LME), which aims to highlight the capabilities of local manufacturers and, subsequently the ability to export, will be held from May 21 to 23, 2019 at the Expo Centre Nasrec, in Johannesburg. The expo will be hosted by the South African Capital... 

CENTRE OF ATTENTION
The inaugural Local Southern African Manufacturing Expo is set to feature more than 130 exhibitors
CENTRE OF ATTENTION The inaugural Local Southern African Manufacturing Expo is set to feature more than 130 exhibitors

KAP grows interim revenue

By: Schalk Burger     12th February 2019 JSE-listed KAP Industrial Holdings grew its revenue by 16% to R13.29-billion in the interim period to the end of December, up from R11.48-billion during the first half of 2018, the company reported on Tuesday. The diversified industrial firm, however, posted lower headline earnings of... 

Lightweight window cleaner developed for industry

By: Halima Frost     2nd November 2018 Cleaning equipment manufacturer and supplier Kärcher Industrial’s Window Vac Professional 10 (WVP 10 Adv) is now available to the South African market following the good reception received by participating contract cleaners, retailers and prospective clients in its test samples. Having made the... 

BETTER SQUEEGEE 
The handheld steam and vacuum window washer is available from Kärcher
BETTER SQUEEGEE The handheld steam and vacuum window washer is available from Kärcher

Kimmo guarantees safe packaging for transportation

19th October 2018 When choosing a packaging option for goods that will be shipped to neighbouring countries, honeycomb fibreboard manufacturer Kimmo Packaging director Jan Vreken says it is essential to look for a packaging option that is International Standards for Phytosanitary Measures No. 15 (ISPM-15)... 

Opportunities abound for Italian entrepreneurs expanding into Africa

By: Shannon de Ryhove     12th October 2018 The Italian-South African Chamber of Trade and Industries says Italian companies are becoming increasingly positive about the opportunities offered by South Africa, which is being acknowledged as a hub from which to expand and invest into surrounding African countries, says Italian-South African... 

Company offers paper alternative to wooden and plastic pallets

17th August 2018 Transport packaging company Kimmo is driving the industry to switch to paper pallets as alternatives to the usual wooden and plastic pallets.  The company manufactures paper pallets using honeycomb fibreboard in South Africa. According to the founder of Kimmo Jan Vreken, he discovered honeycomb... 

VISUAL RESEMBLANCE Honeycomb fibreboard technology takes its name from the visual resemblance to a bee’s honeycomb
VISUAL RESEMBLANCE Honeycomb fibreboard technology takes its name from the visual resemblance to a bee’s honeycomb

Flooring company takes over linoleum activities

13th April 2018 Production and distribution of flooring, wallcovering and finishes global leader Gerflor entered into a binding agreement to acquire floor coverings manufacturer DLW Flooring’s linoleum activities. Consummation of the transaction is subject to customary regulatory approvals and was expected to... 

MARKET SPECTRUM 
Gerflor has a strong presence in multiple market applications
MARKET SPECTRUM Gerflor has a strong presence in multiple market applications

Changing of the guard on eve of golden anniversary

13th April 2018 Interior flooring supplier and installer KBAC Flooring will celebrate the fiftieth anniversary of operations next year with three new key executive appointments. Brandon Park has been appointed KBAC’s new CEO, Ashleigh Keefer as its new CFO, and Etienne Louw as the new MD. 

FLOORED 
Now on the cusp of its 50th anniversary, KBAC Flooring has supplied and installed flooring for thousands of residential premises in South Africa and beyond its borders
FLOORED Now on the cusp of its 50th anniversary, KBAC Flooring has supplied and installed flooring for thousands of residential premises in South Africa and beyond its borders

Company bolsters international presence

13th April 2018 Surfaces design and architecture producer and distributer Cosentino Group is continuing to push ahead with the international expansion of its own assets with the opening of the first Cosentino Centre in South Africa, the company noted in an announcement on February 7. In the floor coverings... 

SOUTH AFRICAN PIONEER 
The new Cosentino Centre in Johannesburg is the first to be officially opened in the country and in all of Africa
SOUTH AFRICAN PIONEER The new Cosentino Centre in Johannesburg is the first to be officially opened in the country and in all of Africa
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